The Economic and Financial Crimes Commission (EFCC) has launched a probe into the controversy surrounding the $16 billion allegedly spent on power projects during the administration of former President Olusegun Obasanjo.
Obasanjo had, earlier in the week, declared that he was ready for investigation, after President Muhammadu Buhari suggested that funds earmarked for power projects under his tenure were mismanaged.
The Nation reports that EFCC may invite two ex-ministers, former top officials of the defunct Power Holding Company of Nigeria (PHCN), present and past officials of the Niger Delta Power Holding Company and all the people recommended for investigation by a committee of the House of Representatives.
The scope of the investigation includes the total cost of the projects, how much was withdrawn from the Excess Crude Account (ECA), the total number of contracts awarded, the extent of compliance with due process and the status of the execution of all the projects.
dailypost
Witch hunting.
ReplyDeleteHunt down the opposition and snuff them out!
DeleteMeanwhile, obj's tenure produced zero dollar debt; external and internal.
gmb has pilled them up now and threatening us with another recession.
Yes. Obasanjo should be probed, same way buhari and his people will also be investigated after their tenure. But wait ooo. I taught they said OBJ returned money after buhari won the election? What has probably gone wrong between this two besties?🤣🤣 🎶🎶This is Nigeria 🎙🎙🎤
ReplyDeleteBuhari wants to try OBJ,Obj na area Father ooooo. Obj and other king makers will surely send you back to Daura.
ReplyDeleteWhen baba was hailing bubu he was a saint and now baba has open his loud mouth and bubu suddenly realizes he is kwarrupt. Kai this administration is fucked. This fight will sha be fun. Baba vs bubu "battle of the most powerful". I will be in my house sipping my kuku and eating kulikuli while watching channels TV. We dey here.
ReplyDeleteHahahaha..
DeleteGbam!!...
This administration is a joke
ReplyDeleteHmmmm this table that buhari is shaking get three legs.my hand no dey there.
ReplyDeleteProbing him Bcos he is now against u
ReplyDeleteThis is lovely. They should keep fooling themselves.
ReplyDeleteThat money has grown legs. Dem don wack am finish.
ReplyDeleteI think henceforth, all administrations should be probed by the incoming one. Especially when it involves huge amounts like this that never see the light of day.
Hmmmm, l thought that second Niger bridge will be completed soon. How much has gone in and what’s the completion date? We don’t even hear nothing about it.
How about the Lagos Benin road project?? Our leaders have failed us completely in this country.
Good development. Efcc, when you finish with that also include Tinubu, Amaechi, Timipriye Silvia, grass cutter Babachir, Burutai(whose wife has no record of job she does but bought 2 houses in one day in Dubai not Nigeria) e.t.c to mention a few. Then I will know this is not witch hunting..but you know say OBJ go cut you to size
ReplyDeleteWitch-hunting. Truth is a bitter pill.
ReplyDeletelol any way to nail down OBJ...the fight ma bloody gan
ReplyDelete