The senator representing Kogi West, Dino Melaye of the All Progressives Congress, on Thursday called the attention of the Senate to alleged “monumental fraud” in the Ministry of Power, Work and Housing headed by Babatunde Fashola.
Mr. Melaye alleged that the Ministry squandered $385 million on projects not appropriated in the budget between 2013 and 2016.
He said that $300 million of the fund was given to IBEX while another $35 million was paid to General Electric and some others.
“Mr. President, in line with the anti-corruption posture of this chamber and especially now that our cries, observations are yielding dividends as expressly manifested in the case of Babachir Lawal, today, I bring to the attention of this Senate a monumental fraud in the power sector.
“In July 2013, the federal Government raised $1 billion from Eurobond issue. From the proceeds, $350 million was given to IBEX in 2014.
“Mr. President, this money was stolen in installments. As I speak to you, sometimes last year again, the Ministry of Power came up with a term they call fast power. This indigested project is supposed to build new generating plants to add power to our grid.”
He sought the leave of the Senate to present a substantive motion on the issue while asking questions on how the Ministry spent the funds it received.
“Mr President, there are few questions we need to ask and that is why I need the nod of the Senate to bring a substantive motion to move in the next legislative day.
“These are the few questions: Up to date, there is no detail to build this new generating plant or a feasibility study, there is no appropriation by the National Assembly for these projects.
“The Ministry has spent so far $35 million on the Afam fast power project that has no appropriation or feasibility studies. How and when was this money appropriated, we need to find out. Out of this money, $29 million was purportedly paid to General Electric for turbines while $6 million was paid to others.
Babatunde Raji Fashola
“These, among many other monumental frauds, are taking place. We need the Senate to investigate this.”
The Senate President, Bukola Saraki asked Mr. Melaye to present the issue as a motion on Tuesday after a voice vote in its favour.
Mr. Fashola could not be reached Thursday. His spokesperson, Hakeem Bello, did not respond to telephone calls.
The senator representing Kogi West, Dino Melaye of the All Progressives Congress, on Thursday called the attention of the Senate to alleged “monumental fraud” in the Ministry of Power, Work and Housing headed by Babatunde Fashola.
Mr. Melaye alleged that the Ministry squandered $385 million on projects not appropriated in the budget between 2013 and 2016.
He said that $300 million of the fund was given to IBEX while another $35 million was paid to General Electric and some others.
“Mr. President, in line with the anti-corruption posture of this chamber and especially now that our cries, observations are yielding dividends as expressly manifested in the case of Babachir Lawal, today, I bring to the attention of this Senate a monumental fraud in the power sector.
“In July 2013, the federal Government raised $1 billion from Eurobond issue. From the proceeds, $350 million was given to IBEX in 2014.
“Mr. President, this money was stolen in installments. As I speak to you, sometimes last year again, the Ministry of Power came up with a term they call fast power. This indigested project is supposed to build new generating plants to add power to our grid.”
He sought the leave of the Senate to present a substantive motion on the issue while asking questions on how the Ministry spent the funds it received.
“Mr President, there are few questions we need to ask and that is why I need the nod of the Senate to bring a substantive motion to move in the next legislative day.
“These are the few questions: Up to date, there is no detail to build this new generating plant or a feasibility study, there is no appropriation by the National Assembly for these projects.
“The Ministry has spent so far $35 million on the Afam fast power project that has no appropriation or feasibility studies. How and when was this money appropriated, we need to find out. Out of this money, $29 million was purportedly paid to General Electric for turbines while $6 million was paid to others.
Babatunde Raji Fashola
“These, among many other monumental frauds, are taking place. We need the Senate to investigate this.”
The Senate President, Bukola Saraki asked Mr. Melaye to present the issue as a motion on Tuesday after a voice vote in its favour.
Mr. Fashola could not be reached Thursday. His spokesperson, Hakeem Bello, did not respond to telephone calls.

Fashola has taken his sophisticated corruption to the ministry of power , the kind of corruption that saw him spend 35 billion on the 35km Lekki EPE road despite tolling going on for 8 years yet he couldnt complete 5 percent of the the project and ended up doing a buy back of of 14 billion naira which nobody understands till date ...Fashola is one of the most corrupt and inept Nigerian alive

[/b]"The senator representing Kogi West, Dino Melaye of the All Progressives Congress, on Thursday called the attention of the Senate to alleged “monumental fraud” in the Ministry of Power, Work and Housing headed by Babatunde Fashola.
Mr. Melaye alleged that the Ministry squandered $385 million on projects not appropriated in the budget between 2013 and 2016."[b]
Chai! Another Fasholagate loading.APC is now the new word for corruption.
[/color]"If you need stable electricity then vote out PDP.To provide 24hours electricity is not rocket science".[color=#990000]

mtcheew, u ar all corrupt, allov u

[s]

FarahAideed:
Fashola has taken his sophisticated corruption to the ministry of power , the kind of corruption that saw him spend 35 billion on the 35km Lekki EPE road despite tolling going on for 8 years yet he couldnt complete 5 percent of the the project and ended up doing a buy back of of 14 billion naira which nobody understands till date ...Fashola is one of the most corrupt and inept Nigerian alive

[/s]

From the proceeds, $350 million was given to IBEX in 2014.

Which year fash become minister

The mission is loot in ur office to support their oga at the top for second term...but we will stone them come 2019

Nobody has taken up my challenge:
Show me a SINGLE appointee of Buhari without a past or present corruption allegation.

doctokwus:
Nobody has taken up my challenge:
Show me a SINGLE appointee of Buhari without a past or present corruption allegation.

maybe because nobody takes you seriously. you 're a joke.

Dino is working

Clerverly:
[s][/s]

From the proceeds, $350 million was given to IBEX in 2014.

Bear with them, the crumbs they earn is of paramount importance not what they read.

tesppidd:
maybe because nobody takes you seriously. you 're a joke.

Thr idiot sounds so cocksure of what he is saying yet he cannot approach any court....Jonathan cluelessness runs in his viens

Minister of darkness

Obviously the best senator in the 8th National Assembly

Dino Melaye is a strong man.

tesppidd:
maybe because nobody takes you seriously. you 're a joke.

One of the obviously pained ass lickers.
Your life itself must be a tragic joke for you to be so pained with my statement.

dino don spend him money finished,he dey fine another one.............useless nd wortless senator,always crying anytime he broke