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EFCC Gives Obaigbena Two-week Ultimatum To Refund N670m - Crime - Nairaland

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EFCC Gives Obaigbena Two-week Ultimatum To Refund N670m by emamos: 8:02am On Jan 28, 2016
As the ongoing probe of $2.1billion arms deals continues, the Economic and Financial Crimes Commission (EFCC) yesterday gave “ThisDay” publisher Prince Nduka Obaigbena a two-week ultimatum to refund N670million allegedly collected for unexecuted contracts.
Obaigbena told investigators that he never benefitted from slush funds from the Office of the National Security Adviser (ONSA).
He said the administration of ex-President Goodluck Jonathan paid the said sums to “ThisDay” and the Newspapers Proprietors Association of Nigeria (NPAN) as compensation for the bombing of the newspaper house by Boko Haram and the seizure of copies of many newspapers by the military.
He said there was a presidential proclamation by former President Jonathan that “ThisDay” will be compensated for the loss to Boko Haram.
He said Jonathan made the pledge after an inspection visit to the newspaper.
Obaigbena was quizzed for two days on the activities of General Hydrocarbons and inflow into the company’s account from ONSA.
A source, who spoke in confidence, said: “What we are investigating is General Hydrocarbons. Records from the Corporate Affairs Commission (CAC) indicated that Nduka Obaigbena is a director of the company.
“ONSA reported that General Hydrocarbons was one of the companies that received payments purportedly for contracts without contract documents or approval.
“Between December 8, 2014 and May 23, 2015, Obaigbena received N670million from ONSA. The reasons stated on the payment mandates are as follows: First tranche of N150million(environmental security project) and the remaining tranches(payment for energy consultancy)
“Obaigbena said he was paid compensation of N550 million for the bombing of “ThisDay” office in Abuja but there is no nexus between this payment and the money he collected for contracts. None of the sums shows that what he got from ONSA was compensation.
“The complaint before us is that the company was given money without contractual agreement.
“By all records, Obaigbena was paid for unexecuted contracts. It is government’s funds and he has to refund the N670million, “ an EFCC official said last night.
Another source privy to the investigation said: “The EFCC has given Obaigbena a maximum of two weeks to refund the amount he collected from ONSA.
“Obaigbena has signed an undertaking to refund the money in question. The anti-graft commission has also granted him an administrative bail.”
On the payment made to NPAN, the source simply said: “Investigation is still in progress.”
The source added that EFCC operatives were courteous and Obaigbena was friendly and unperturbed during the investigation

http://thenationonlineng.net/efcc-gives-obaigbena-two-week-ultimatum-to-refund-n670m/

6 Likes

Re: EFCC Gives Obaigbena Two-week Ultimatum To Refund N670m by emamos: 8:03am On Jan 28, 2016
.He must refund with interest ni o

25 Likes

Re: EFCC Gives Obaigbena Two-week Ultimatum To Refund N670m by Imortal001(m): 8:05am On Jan 28, 2016
I believe magu die, aabi u noo believe?

59 Likes

Re: EFCC Gives Obaigbena Two-week Ultimatum To Refund N670m by tayebest(m): 8:05am On Jan 28, 2016
emamos:
.He must refund with interest ni o

Interest is haram! cool

3 Likes

Re: EFCC Gives Obaigbena Two-week Ultimatum To Refund N670m by emamos: 8:06am On Jan 28, 2016
exhibition:
Ultimatum
Need something on Jumia? Contact me now!

8 Likes

Re: EFCC Gives Obaigbena Two-week Ultimatum To Refund N670m by emamos: 8:09am On Jan 28, 2016
tayebest:


Interest is haram! cool
lol...Says who

2 Likes 1 Share

Re: EFCC Gives Obaigbena Two-week Ultimatum To Refund N670m by emamos: 8:11am On Jan 28, 2016
Imortal001:
I believe magu die, aabi u noo believe?
the man no send

7 Likes

Re: EFCC Gives Obaigbena Two-week Ultimatum To Refund N670m by OVI75(m): 8:12am On Jan 28, 2016
Ultimatum!!!!mehn c drama,never haerd of such,like is it a precedent or it's jst a new innovation by D's Blaming Administration.
Re: EFCC Gives Obaigbena Two-week Ultimatum To Refund N670m by tayebest(m): 8:13am On Jan 28, 2016
emamos:
lol...Says who

Islam cheesy grin Na the original money we need not the interest

7 Likes

Re: EFCC Gives Obaigbena Two-week Ultimatum To Refund N670m by Inspectahdeck(m): 8:17am On Jan 28, 2016
Too sad

Men you think have integrity and work so hard to make their money, have skeletons in their cupboard. They only work hard to siphon public money.

Never pray to be like someone you have no knowledge of his/her history, always be yourself and pray for breakthrough of your destiny.

54 Likes 3 Shares

Re: EFCC Gives Obaigbena Two-week Ultimatum To Refund N670m by emamos: 8:19am On Jan 28, 2016
tayebest:



Islam cheesy grin Na the original money we need not the interest
go to religion section sir...It is well

5 Likes

Re: EFCC Gives Obaigbena Two-week Ultimatum To Refund N670m by hotswagg12: 11:12am On Jan 28, 2016
Okay
Re: EFCC Gives Obaigbena Two-week Ultimatum To Refund N670m by Nobody: 11:13am On Jan 28, 2016
Amazing
Re: EFCC Gives Obaigbena Two-week Ultimatum To Refund N670m by NairaExam690(m): 11:14am On Jan 28, 2016
Gbese re oh smiley smiley smiley smiley











Make he call Lil kesh direct oh











smiley smiley smiley smiley smiley

1 Like

Re: EFCC Gives Obaigbena Two-week Ultimatum To Refund N670m by Sparrow13: 11:14am On Jan 28, 2016
Alright
Re: EFCC Gives Obaigbena Two-week Ultimatum To Refund N670m by Hengineer: 11:15am On Jan 28, 2016
If only these people can just quickly return the moneys they received so we can move on to the next case (NNPC).

22 Likes 2 Shares

Re: EFCC Gives Obaigbena Two-week Ultimatum To Refund N670m by demarc001: 11:16am On Jan 28, 2016
Kai! #bringback our money#

1 Like

Re: EFCC Gives Obaigbena Two-week Ultimatum To Refund N670m by ademoladeji(m): 11:17am On Jan 28, 2016
emamos:
.He must refund with interest ni o

Yes oooo

In fact, with 100% interest because the price of crude oil don fall. grin grin grin grin grin grin grin

1 Like

Re: EFCC Gives Obaigbena Two-week Ultimatum To Refund N670m by Daslim180(m): 11:17am On Jan 28, 2016
I swear Nigerians are the problem of Nigeria......... Abeg make una collect all our naira and kobo from those looters affiliates

10 Likes

Re: EFCC Gives Obaigbena Two-week Ultimatum To Refund N670m by Modsenemy(f): 11:17am On Jan 28, 2016
Where will he see that amount ? Money that hz been spent
.
Oga buhari ,face front jor and create jobs fr us .


I fit use annoyance bite off ya ear.

2 Likes

Re: EFCC Gives Obaigbena Two-week Ultimatum To Refund N670m by Tvegas(m): 11:17am On Jan 28, 2016
Revenue for 2016 budget is adding up that means more money for the minister of power to work with. At this rate even the wailers will give up. Who says Loot Recovery is not good business? grin

Ride on Baba, Ride on Magu.......Halliburton should yield another $2 billion.

29 Likes 1 Share

Re: EFCC Gives Obaigbena Two-week Ultimatum To Refund N670m by Progressive01(m): 11:18am On Jan 28, 2016
The sooner these guys realise that this government isn't backing down on its pursuit of recovery of stolen State assets, the better for them all.

16 Likes 1 Share

Re: EFCC Gives Obaigbena Two-week Ultimatum To Refund N670m by Flexherbal(m): 11:18am On Jan 28, 2016
Hope the money we are retrieving will be well utilised.

3 Likes

Re: EFCC Gives Obaigbena Two-week Ultimatum To Refund N670m by Gepheral: 11:18am On Jan 28, 2016
G
Re: EFCC Gives Obaigbena Two-week Ultimatum To Refund N670m by TippyTop(m): 11:19am On Jan 28, 2016
How many weeks was Amaechi given to pay back his #1bil loot?

2 Likes

Re: EFCC Gives Obaigbena Two-week Ultimatum To Refund N670m by KenVlog: 11:20am On Jan 28, 2016
Ultimately it will result to him being jailed

1 Like

Re: EFCC Gives Obaigbena Two-week Ultimatum To Refund N670m by abbaapple: 11:21am On Jan 28, 2016
shocked wailers were ona de na?? I knw say dis news no go sweet ona @ all! EFCC may God protct u guys! grin

4 Likes

Re: EFCC Gives Obaigbena Two-week Ultimatum To Refund N670m by tonnelo: 11:23am On Jan 28, 2016
correct talk

1 Like

Re: EFCC Gives Obaigbena Two-week Ultimatum To Refund N670m by Nobody: 11:23am On Jan 28, 2016
TippyTop:
How many weeks was Amaechi given to pay back his #1bil loot?
Abeg do chap chap help us carry him matter go EFCC, we need money as much as we can retrieve. Oya Oya

10 Likes

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