For those who don't know, there is an ongoing issue in Nigeria that many are ot aware of.

Based on an article via WSJ See the link here:http://www.wsj.com/articles/norway-oil-fund-drops-chinese-company-over-corruption-fears-1452162848 the botched CCTV project involving ZTE and their local partners should in fact be treated on a par with the on-going "Dasukigate", which can be summarized as a case of "security funds divergence"; this divergence of funds otherwise earmarked to bolster the country's fight against terrorism has led to the loss of hundreds of military and civilian lives especially in the North Eastern part of the country, and also in Abuja, which has come under several deadly attacks over the past few years with little or no leads as to the capture of the attackers.

Interestingly, Zambia, another African country where ZTE operates, terminated a $210 million CCTV contract with the company in 2013 because of alleged corruption.

More recently, on the 7th of January this year, the largest sovereign fund in the world, Norway's $820 billion oil fund blacklisted ZTE due to concerns about corruption. The company was excluded on the basis of a recommendation from the fund's own ethics council which confirmed that ZTE is facing corruption charges and or investigation in 18 countries around the world including Nigeria.

It is therefore imperative that the federal government avoids the errors and pitfalls of the last administration by ensuring that relevant government agencies carry out their due diligence exercises in the selection of project contractors. This will not only save increasingly scarce financial resources, but also the lives of innocent Nigerians both military and civilian, who are the unfortunate victims of the callous actions of compromised foreign contractors and their local partners

cc Lalasticlala please FP so that the right people can see this and act on it..

Breeze blow..foul yarnsh don open!

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