Ten of the 26 Directors-General and Heads of parastatals sacked yesterday by President Muhammadu Buhari may be handed over to the Economic and Financial Crimes Commission(EFCC) and the Independent Corrupt Practices and Other Related Offences Commission(ICPC) for investigation. The agencies under the searchlight of either the EFCC or the ICPC include National Agency for Food, Drug Administration and Control (NAFDAC), National Broadcasting Commission(NBC), Federal Radio Corporation of Nigeria (FRCN), Bureau of Public Enterprises(BPE), National Women Development Centre(NWDC); Industrial Training Fund(ITF); Nigerian Investment Promotion Council; Nigeria Export-Import Bank (NEXIM) and Nigeria Social Insurance Trust Fund (NSIT), among others.


The allegations include:


- A DG allegedly spent N200 billion on PDP's 2015 presidential campaign.
- Female DG allegedly donated N700m to PDP’s presidential campaign in 2015
- Another reportedly furnished office at N800m
- A DG allegedly constructed a store at N240m instead of N40m
- A DG reportedly failed to account for revenue after diverting equipment to his private medium
- N15b found in a DG's secret account in violation of TSA
- A DG leaves N6billion debt for an agency generating at least N9b monthly
- A DG's Personal Assistant remanded in prison for alleged N17m bribery till the DG was sacked
- Another DG implicated in alleged N68b fraud
- Some of the DGs awarded contracts to their cronies
- One of the heads of the media agencies could not account for all the advertisement cash raked in by his agency during the 2015 campaign


http://dawntodusknews.com/details-10-sacked-dgs-of-parastatals-in-trouble-over-alleged-fraud/

For More:

http://dawntodusknews.com/details-10-sacked-dgs-of-parastatals-in-trouble-over-alleged-fraud/

Silly reporting.

A DG, One of the DGs.. How traceable is that?

They don't want to be specific so they would not be held accountable. Hallmarks of a kangaroo news outlet.

So this kind money dey this country yet we dey suffer like this.

Amazing findings ....day don break for Oshodi oke, first bus to island don dey load.


Sai Buhari..our real Hero

So, those DGs don't have names

Btw, they all should be hanged

OK oh

thank God I am not a judge. cos I would pronounced the DG of industrial training fund guilty b4 hearing.

upon all the billions d agency receives from govt, why can't they pay I.T stipends?

Keneking:
Amazing findings ....day don break for Oshodi oke, first bus to island don dey load.


Sai Buhari..our real Hero

Ha-ha the fear of 3MB is the beginning of wisdom!!

I smell this from the on set

Our leaders have ruined this project called Nigeria. If not how will a parastatal head donated huge sum of money like that and the benefactor who is also d country head will not stop such or questioned where did such person got d money from

Nigeria! A country where anything can happen.

Just as I suspected