Connect with us

Hi, what are you looking for?

News

Alleged N3.9 Billion Fraud: EFCC Quizzes ex-Aviation Minister Chidoka

The Economic and Financial Crimes Commission (EFCC) yesterday interrogated a former Minister of Aviation Osita Chidoka over an alleged N3.9billion fraud in connection with the procurement and Installation of sensitive security cameras/ infrastructure in five International Airports.

The contract was awarded to Bri and Bru Limited.

Before Chidoka  was invited, the EFCC had quizzed the Managing Director of Bri and Bru Limited, the managers of the five international airports, the managing director of the Federal Airports Authority Nigeria (FAAN)  and some offiicials of the ministry of aviation.

According to a top source, the ex-minister arrived at the 15 A Awolowo Road, Ikoyi Lagos office of the EFCC at about 12.30pm.

As at 6.30pm, EFCC detectives were still grilling the ex-Minister, who is a former Corps Marshal of the Federal Road Safety Commission (FRSC).

A fact-sheet on the investigation said: “The former minister is being quizzed in a case of alleged conspiracy and diversion of public fund in the N3.9billion  contract for the procurement and Installation of sensitive security cameras/ infrastructure at the five International Airports, awarded to a company named Bri and Bru Limited.

“Part of the said contract sum was allegedly fraudulently diverted to the use of the company and its cronies rather than the execution of the project under the watch of Chidoka as minister.

“In the course of investigation, it was discovered that upon awarding the contract, payments were to be made according to stages of job done and the first payment of 15 per cent was done via the company’s Heritage Bank Account and also another payment of 60 per cent was done which brought the total payment received by Bri and Bru for the execution of the project to 75 per cent or N2,865,961,323,19.

“Investigators discovered that Bri and Bru sub contracted the project to another company Surcomtec Nigeria Limited owned by one Chibuzo Obi. The total sum of $4,370,365.00 which is the equivalent of N2,400,000,000.00 was traced to Surcumtec Inc Account in America ostensibly for the purchase of equipment for the project.

“From the account of the company various payments were made to the former minister and some of his family members, director of Consumer Investment Limited and his younger brother, Obinna Chidoka, who is a member of the House of Representatives.

 

______

Follow us on Twitter at @thesignalng

Copyright 2018 SIGNAL. Permission to use portions of this article is granted provided appropriate credits are given to www.signalng.com and other relevant sources.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Advertisement

Signal-Tesslo Ad

Related

News

Governor Nyesom Wike of Rivers State says he won’t leave office on May 29, 2023 to “run away” from the Economic and Financial Crimes...

News

A Federal High Court sitting in Lagos on Tuesday fixed April 20 to rule on a Kogi State Application seeking to vacate an interim...

News

The Economic and Financial Crimes Commission on Friday intercepted the sum of N32,400 million allegedly suspected to be used for vote buying in Lagos...

News

Less than three days to the general elections, the Economic and Financial Crimes Commission (EFCC) says intelligence at its disposal has shown some politicians...

Copyright ©