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Your Views On The On-going Probe Of Power Projects By The Reps - Politics - Nairaland

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Your Views On The On-going Probe Of Power Projects By The Reps by rasputinn(m): 6:30pm On Apr 06, 2008
It's no longer news that the purported anti corruption war by the Obasanjo administration represented the highest forms of hypocrisy.

Each new day it seems,brings with it one scandal or the other about the various forms of massive corruption perpetrated by Obasanjo and his clique.

The most recent is that of the US$16 billion allegedly spent on national integrated power projects (NIPPS) scheme.
Tragically,six years after the contracts were awarded and various sums paid to the contractors(with some getting full mobilisation and overpayments) most of the contractors are just clearing the grasses on their sites,just because they heard the house committee on power was embarking on fact-finding tours,while most just vanished into thin air.

We've heard of how firms such as Colenco (owned by Z.Domelenchi),Benbok Engineering,Energo,Joseph Arumemi-Johnson's Rockson Engineering,Oba Otudeko's Pivot Engineering and the rest collectively received various sums totalling US$16 billion (over two trillion naira) and just pocketed the money for their personal uses.Some of them are now part owners of airlines,some have used the proceeds to consolidate their share holdings in various blue chip companies in Nigeria.

So in the light of the foregoing and with the recent remark by Gov Uduaghan of Delta State that the house committe members were on suicide mission in view of the powerful persons that are involved in the scandal;
(1)How do you think the house committee should best go about the probe
(2)What steps should they take to recover the loots
(3)What sanctions would you prescribe as punishment to the guilty parties
(4)What reccomendations do you have to forestall any further flagrant misappropriation/diversion of public funds,while the poor citizens suffer the consequences arising therefrom?
Re: Your Views On The On-going Probe Of Power Projects By The Reps by rasputinn(m): 3:04pm On Apr 07, 2008
@ All

Please read through the summary of the shocking discoveries(as contained above in the original post) by the fact finding team of the house committee on power,then make your contribution.Let's please stick to the subject.
Thanks

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