More than 300 companies and prominent citizens including
serving and retired officers of the armed forces have been
indicted by the committee set up to probe contracts awarded
by the Office of the National Security Adviser (ONSA) from
2011 to 2015.


Sambo Dasuki is is being charged by the EFCC for allegedly
diverting funds meant for the purchase of arms for the
Nigerian Army.

According to Premium Times, the presidency in a statement
issued by Garba Shehu, a spokesperson for President
Muhammadu Buhari, said over N7 Billion had been recovered
so far from the indicted companies and individuals.


He said while an additional N41 Billion is to be refunded by the
indicted companies, the Economic and Financial Crimes
Commission (EFCC) was considering recovering N75 Billion
from some of the companies for unexecuted or partially
executed contracts.


“Several contractors were apparently over paid, while others
were given full upfront payments contrary to their contract
terms and agreements in force.


“There was also evidence of payments to individuals and
companies by ONSA without any contractual agreement or
evidence of jobs executed. The committee further discovered
that some companies failed to meet up their tax obligations for
contracts executed.

Shehu said the companies being investigated by the committee
include:
a. Abrahams Telecommunication Limited and Value Trust
Investment Limited RC 1050628 and RC133792.

b. Bilal Turnkey Contractors Limited RC 616389.

c. Circular Automobile Limited RC 953549.

d. Continental Project Associates Limited RC 1201210.

e. Da’voice Network Solutions Limited RC 658879.

f. Foretech Investment Limited RC 759046.

g. Forts and Sheild Limited RC 1148793.

h. GDP Associated Limited RC 830715.

i. Hakimco Automobiles – RC 904389.

j. Hamada Properties and Investment Limited


See full list HERE


http://www.premiumtimesng.com/news/headlines/200777-presidential-committee-indicts-300-onsa-contractors-recovers-n7-billion.html

ok

boman2014:
More than 300 companies and prominent citizens including
serving and retired officers of the armed forces have been
indicted by the committee set up to probe contracts awarded
by the Office of the National Security Adviser (ONSA) from
2011 to 2015.


Sambo Dasuki is is being charged by the EFCC for allegedly
diverting funds meant for the purchase of arms for the
Nigerian Army.

According to Premium Times, the presidency in a statement
issued by Garba Shehu, a spokesperson for President
Muhammadu Buhari, said over N7 Billion had been recovered
so far from the indicted companies and individuals.


He said while an additional N41 Billion is to be refunded by the
indicted companies, the Economic and Financial Crimes
Commission (EFCC) was considering recovering N75 Billion
from some of the companies for unexecuted or partially
executed contracts.


“Several contractors were apparently over paid, while others
were given full upfront payments contrary to their contract
terms and agreements in force.


“There was also evidence of payments to individuals and
companies by ONSA without any contractual agreement or
evidence of jobs executed. The committee further discovered
that some companies failed to meet up their tax obligations for
contracts executed.

Shehu said the companies being investigated by the committee
include:
a. Abrahams Telecommunication Limited and Value Trust
Investment Limited RC 1050628 and RC133792.

b. Bilal Turnkey Contractors Limited RC 616389.

c. Circular Automobile Limited RC 953549.

d. Continental Project Associates Limited RC 1201210.

e. Da’voice Network Solutions Limited RC 658879.

f. Foretech Investment Limited RC 759046.

g. Forts and Sheild Limited RC 1148793.

h. GDP Associated Limited RC 830715.

i. Hakimco Automobiles – RC 904389.

j. Hamada Properties and Investment Limited


See full list HERE


http://www.premiumtimesng.com/news/headlines/200777-presidential-committee-indicts-300-onsa-contractors-recovers-n7-billion.html

Picture it this way; if it was a Southerner that stole that much,what would have been of him by now?

O' Boy see companies o yet the youths are unemployed. Anyway, Nigeria case be like fiefdom in which the powers dat be just allocates to themselves all the goodies of the land without any recourse to the suffering peasants. Thunder fire ruling class!!!

hmmm

Are these companies owned by God ni because many could say it witch hunting.

Suit case company.

SMH...

We don't even know if some of these companies exist. Maybe their work is just to share government money.

The EFCC should dig deep there is more to it.