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More On Okupe's Unfulfilled Road Construction Contracts In Imo And Benue States - Politics - Nairaland

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More On Okupe's Unfulfilled Road Construction Contracts In Imo And Benue States by NorthSharp(m): 7:08am On Aug 22, 2012
Okupe Lawyers Admit He Did Fraudulent Contracts With Imo And Benue


By SaharaReporters, New York

New presidential attack dog, Dr. Doyin Okupe, road construction contracts from the governments of Benue and Imo States and got substantial payments, his lawyers have admitted.

On his behalf, the Lagos law firm of Yemi Gbonegun and Co said today that the rural road construction contracts were awarded in 2004 and 2005 to companies in which Dr. Okupe has substantial interests and served as Chairman, but denied they were awarded to him personally.

And beyond the mobilization payments, those companies received other payments over a period exceeding two years continuously for work done, the statement said.

“We also confirm that contrary to reports in the media, on no account did any of the companies bolt away with any money and if they had, the state governments would have legally had recourse to the Bank Guarantees issued, held the banks accountable and recovered their monies,” the statement said.

It said disputes about certificates of payments arose in both transactions, claiming that this is normal between a contractor and its employers, and that the issues were at different times thoroughly investigated by the EFCC, but that no fraud or any criminality was ever found against any of the Companies.

“In the case of Imo State Government a settlement agreement out of court was reached while in Benue State both parties agreed to go in for arbitration in accordance with the provisions of the signed contract document,” it further said.

[b]Today’s statement by Yemi Gbonegun and Co. raised more questions than it answered. It did not explain why, as previously reported by SaharaReporters, Dr. Okupe was personally detained by the EFCC for an entire month in 2006.

In 2005, during the tenure of Governor Achike Udenwa, Okupe went to Imo state with a business partner, the Israeli businessman Ilan Salman. Okupe got a contract to import Romix Soilfix, a soil stabilizing substance, from South Africa for the construction of four kilometres of road in each of the 27 local government areas at the rate of N14 million per km.

That amounted to N1.512 billion. Okupe was paid mobilization fee of N400 million twice (totaling N800m). He was then paid another N350 million for the little work done, with just about 8km out of the 108km Romix promised to construct.

This means that Okupe was paid over N1.2billion, with very little to show for it. He carried out his lack of work in the State in collaboration with the former Speaker of the Imo State Assembly, Chief Godfrey Dikeocha.

As investigations into the daylight hoax heated up, Okupe’s engineers were arrested in Owerri alongside the LGA chairmen and moved to Ikoyi, Lagos.

In addition, Okupe’s head office, which was at that time on Isale Eko Street in Dolphin Estate, was sealed up and Chief Okupe locked up for one month by the EFCC, but he was never tried.

The situation in Benue State was similar. Through Messrs Value Trust Investments Ltd., Okupe secured a contract valued at N2.303 billion, again for the construction of rural roads across the state. By July 17, 2006, he had been paid N886.8m.

The man who would later be invited by President Goodluck Jonathan to serve as his leading voice on Public Affairs then disappeared. That case, as was the situation in Imo State, was brought to the EFCC.

With today’s statement by his lawyers, Okupe confirms the two contracts that have come to light but not their details, including why the contracts were never completed, or what was done with the vast sums he collected using his top-level access in the People’s Democratic Party.
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Re: More On Okupe's Unfulfilled Road Construction Contracts In Imo And Benue States by ifihearam: 7:14am On Aug 22, 2012
Hmmmmmmm
Re: More On Okupe's Unfulfilled Road Construction Contracts In Imo And Benue States by Chanchit: 7:58am On Aug 22, 2012
Pls pls nd pls, Mr Okupe admits that he is the chairman, bt knws nothing about the contracts, so maybe we should jst ask the gateman.... I dnt even knw how GEJ can't move away frm thieves, he jst keeps hiring more of them..
Re: More On Okupe's Unfulfilled Road Construction Contracts In Imo And Benue States by Gbawe: 8:51am On Aug 22, 2012
Chanchit: Pls pls nd pls, Mr Okupe admits that he is the chairman, bt knws nothing about the contracts, so maybe we should jst ask the gateman.... I dnt even knw how GEJ can't move away frm thieves, he jst keeps hiring more of them..

..... because he is a crook himself !!!! How long will it take, despite many obvious and blatant 'crooked' actions, before Nigeria gets this?

For example, the NNPC is probably by far the most corrupt Government parastatal in Africa. Nigeria has a very serious and acute problem ofnot being able to refine it's crude endowment optimally due to comatose refineries. The very urgent solutions required, touted repeatedly and tediously by many experts, are obvious.

Yet a "transformational" President prefers to pander to corruption by conceding our refineries into the hands of the NNPC for two years when we all know that this action is as good as totally sabotaging our refining drive for two years!!!! It does not take a Rocket scientist to make it obvious the sort of President that slashes at an open wound to make it even bigger. When our refineries are then sold for pittance to cronies of GEJ, like Otedola and Dangote, the Oligarchic grand plan of this brazenly corrupt and avaricious President will be complete.

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