Delta North senator, Peter Nwaboshi, has been in the
custody of the Economic and Financial Crimes Commission (EFCC) for
days, the anti corruption body says.
The EFCC spokesperson, Wilson Uwujaren, confirmed that the
lawmaker is in the custody of the agency but declined to confirm
whether he was arrested or he submitted self.
Mr Wilson did not also give reasons why the senator was being
held.
The news website, SaharaReporters, reports that Mr Nwaboshi was
arrested over the purchase of a building owned by Delta State,
“Guinea House” in Lagos state among other corrupt related
issues.
Mr Nwaoboshi’s travails with EFCC dates back to 2017 when he was
accused of diverting a N1.2 billion loan from NEXIM Bank as a
member of its board of directors.
The loan was granted to him by NEXIM Bank under the local
industrial growth scheme in 2014.
The money meant for the purchase of equipment and electrical
materials was allegedly diverted to acquire properties in Lagos by
the Senator.
Earlier in 2017, a Federal High Court in Lagos had ordered the
temporary forfeiture of a 12-storey building belonging to the
senator over an alleged contract scam of N1.5bn.
The EFCC told the judge that Mr Nwaoboshi, through his company,
Bilderberg Enterprises Limited, got N1.580bn contract to supply
some construction equipment to the Delta State Direct Labour Agency
in 2010.
The EFCC, however, said Mr Nwaoboshi’s company supplied used
equipment to the agency while he collected money to supply new
equipment, thereby short-changing the agency.
The EFCC said Mr Nwaoboshi later used the proceeds to bid for
and purchase the 12-storey building, formerly known as Guinea
House, for N805 million in the name of his company, Golden Touch
Construction Project Limited.
Mr Nwaboshi did not answer calls to his line Monday evening.
Delta North senator, Peter Nwaboshi, has been in the
custody of the Economic and Financial Crimes Commission (EFCC) for
days, the anti corruption body says.
The EFCC spokesperson, Wilson Uwujaren, confirmed that the
lawmaker is in the custody of the agency but declined to confirm
whether he was arrested or he submitted self.
Mr Wilson did not also give reasons why the senator was being
held.
The news website, SaharaReporters, reports that Mr Nwaboshi was
arrested over the purchase of a building owned by Delta State,
“Guinea House” in Lagos state among other corrupt related
issues.
Mr Nwaoboshi’s travails with EFCC dates back to 2017 when he was
accused of diverting a N1.2 billion loan from NEXIM Bank as a
member of its board of directors.
The loan was granted to him by NEXIM Bank under the local
industrial growth scheme in 2014.
The money meant for the purchase of equipment and electrical
materials was allegedly diverted to acquire properties in Lagos by
the Senator.
Earlier in 2017, a Federal High Court in Lagos had ordered the
temporary forfeiture of a 12-storey building belonging to the
senator over an alleged contract scam of N1.5bn.
The EFCC told the judge that Mr Nwaoboshi, through his company,
Bilderberg Enterprises Limited, got N1.580bn contract to supply
some construction equipment to the Delta State Direct Labour Agency
in 2010.
The EFCC, however, said Mr Nwaoboshi’s company supplied used
equipment to the agency while he collected money to supply new
equipment, thereby short-changing the agency.
The EFCC said Mr Nwaoboshi later used the proceeds to bid for
and purchase the 12-storey building, formerly known as Guinea
House, for N805 million in the name of his company, Golden Touch
Construction Project Limited.
Mr Nwaboshi did not answer calls to his line Monday evening.
Read more https://nairalaw.com/just-in-efcc-arrests-delta-senator-peter-nwaoboshi/