Crime
EFCC arrests 4 over Obasanjo’s $16b power projects
Two top officials of the Niger Delta Power Holding Company (NDPHC), the company which supervised execution of the $16 billion Obasanjo power projects, have been arrested by the EFCC.
They were among the four persons detained by the anti-graft agency on Wednesday. The arrests signaled the beginning of the probe of the humongous expenditure during the Obasanjo presidency, with little results to show.
The NDPHC officials arrested are the Head of Finance Marvel Emefiele and Head of Compensation Eze M. C. Odigbo, The Nation Reported. They are expected to account for the N850 million earmarked as compensation to communities where components of the power project were sited, Others in EFCC’s net are Managing Director of Pivot Engineering Mr. Richard Ayibiowu and the Managing Director of Chris Ejik Nigeria Limited Mr. Christain Ejik Imoka.
Detectives are on the trail 18 more suspects including two former governors, a former chairman of a bank and a former chairman of an airline. About 15 more companies are also on the EFCC radar, it was learnt last night. There are fears that some of the suspects might have secretly relocated abroad.
-
Society News4 years agoJamaican man beheads wife after finding out their 6 kids are not his
-
Society News6 years agoEXCLUSIVE: The Complete Story of Dolapo Awosika, John Fashanu and Prophet Kasali Sex Mess
-
News4 years agoPastor Osagie Ize-Iyamu, His Membership Of Secret Cult, And Other Issues Touching On His Public Credentials Examined by Barr. PATRICK I. BIOSE
-
News4 years agoBREAKING: Ajimobi’s daughter-in-law blast Gov. Makinde, says gov can’t surpass ex-Oyo gov
-
News4 years agoBREAKING: 2 arrested as NAF begins investigations into Tolulope’s death
-
Crime5 years agoExclusive: Female Aide Fingered In Oko Oloyun’s Murder + Banking Transactions That Nailed Husband
-
News4 years agoBREAKING: Police take over Edo House of Assembly as APC, Oshiomhole move to seize control
-
Society News5 years agoThe Rise and Fall of “Jumoke The Bread Seller”
You must be logged in to post a comment Login