Minister of Power, Works and Housing, Babatunde Fashola, has told a House of Representatives probe panel investigating an infraction of alleged N42 billion rural electrification contract that there was no contract of such a value. He told the House joint committees on Power and Procurement led, by Daniel Asuquo and Wole Oke, that such an amount was not even approved ...
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Senate probes alleged $784.2m scam in Brass LNG
The Senate has directed its Committees on Public Accounts and Gas to clinically probe into the activities of the Brass LNG and the complicity therein, as well as the alleged financial fraud to the tune of $784, 265, 947.54 in the company. The resolution followed a motion entitled, “Monumental Corruption at the NNPC” moved by Senator Dino Melaye (APC, Kogi ...
Read More »Probe Panel to invite nine firms allegedly used by Gwarzo to siphon funds
The House of Representatives panel set up to probe the suspended Director General of the Securities and Exchange Commission (SEC), Mounir Gwarzo, will invite nine firms allegedly used by him to siphon funds from the Commission. The report of the panel is expected to be sent to the Economic and Financial Crimes Commission (EFCC), which is also investigating Gwarzo. The ...
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