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$15bn Arms Deals: Panel Traces N2bn To Five Children Of Ex-army Chief - Politics - Nairaland

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Arms Deals: EFCC Seizes Ex-chief Of Army Staff’s N4B Estate / Arms Panel Indicts Ex-army Chiefs, Generals / $2.1b Arms Deals: Anxiety In Jonathan’s Camp Over Likely Arrest Of More Suspects (2) (3) (4)

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$15bn Arms Deals: Panel Traces N2bn To Five Children Of Ex-army Chief by Nobody: 2:34pm On Aug 13, 2016
The Presidential Committee on Audit of Defence Equipment Procurement (CADEP) has traced about N2billion, meant for the purchase of vehicles for the Nigerian Army, to the accounts of five children of a former Chief of Army Staff.

The accounts were said to have been frozen as at the time of filing this report.

Also, the panel discovered that about 42 units of Armoured Personnel Carrier (APC) rejected by Iraq were resold to Nigeria to fight Boko Haram insurgents.

It said the poor equipment accounted for the loss of lives and soldiers in the North-East.

The panel’s findings are contained in a brief which was obtained by The Nation.

The outcome of the panel’s investigation suggested that the children of the ex-Chief of Army Staff allegedly used two companies for the deal.

The panel said: “The committee reviewed the procurement carried out by Chok Ventures Ltd and Integrated Equipment Services Ltd, two companies that shared the same registered office, had one name as common controlling shareholder and sole or mandatory signatory to the various banks accounts of the companies.

“The committee further established that between March 2011 and December 2013, the two companies exclusively procured various types of Toyota and Mitsubishi vehicles worth over N2, 000,000,000.00 for the Nigerian Army without any competitive bidding.

“Most of the contracts awarded to the companies were also split, awarded on the same date or within a short space of time at costs and mobilization higher than the prescribed thresholds.

“For instance, on February 13 and 15, the two companies were awarded contracts worth N260, 000.000.00 and N315, 000,000.00 respectively for supplies of various vehicles. The Nigerian Army could not justify the exclusive selection of these vendors against other renowned distributors of same brands of vehicles procured.

“More seriously, the committee found no credible evidence of delivery of the vehicles by the two companies as there were no receipt vouchers, but only unauthenticated delivery notes, invoices and waybills that were purportedly used for the deliveries.

“Nevertheless, the vendors were fully paid based on job completion certificate authenticated by the then Chief of Logistics, Maj Gen D.D. Kitchener (rtd). The payments were also made without deduction of Withholding Tax (WHT). Furthermore, analyses of the various bank accounts of the two companies showed transfers to individuals , some of who are believed to be children of the army chief.

“Thus, the committee recommends further investigation to determine delivery of the vehicles and relationship of funds beneficiaries with the former COAS and the two companies. Furthermore, the panel said that Lt Gen O. A. Ihejirika (rtd), Maj Gen D. D. Kitchener (rtd), Col A. M. Inuwa and Mr Chinedu Onyekwere should be held accountable for the issues arising out of the contracts.”

The panel observed that the award of contracts in the Nigerian Army was fraught with irregularities.

It said a company was registered on November 17, 2014 and awarded $125,179,299.10 on the same day.

It said: “The Nigerian Army, between April and August 2014, entered into four contract agreements with Societe D’Equipmenteux Internationale (SEI Nig Ltd) for procurement of Cobra Armoured Personnel Carriers, Shilka Self-Propelled Artillery Guns, Armoured Fighting Vehicles (AFVs) as well as various ammunition and spares funded by the ONSA.

“The contracts for the Cobra APCs and Shilka Guns were not executed as they were not funded. However, the costs for procurement of the AFVs; ammunition and spares were $398,550,000.00 and $484,765,000.00 respectively totalling $883,315,000.00.

“In November 2014, the ONSA awarded contract to Conella Services Limited for procurement of 72 various arms and ammunition that included MRAP vehicles, Mi-17 helicopter at the cost of $125,179,299.10.

“The committee observed that the company was registered in Nigeria on 17 November, 2014 and awarded the contract on the same date, while the EUC for the procurement was issued a day later on 18 November, 2014. Furthermore, the ONSA paid $36,996,530.00 and N2,209,582,296.00 to the vendor between November 2014 and 15 April, 2015.

However, the Nigerian Army denied receipt of any procurement from Conella Services Ltd.

“Similarly, the committee tried in vain to reach officials of the company to confirm execution of the contract. There is, therefore, the need for further investigation of Conella Services Ltd.

“The committee observed that SEI and its two associated companies, APC Axial Ltd and HK-Sawki Nig Ltd, were incorporated in May 2014 with two Nigerien brothers, Hima Aboubakar and Ousmane Hima Massy as the only directors.

“ Between May 2014 and March 2015, the ONSA mandated CBN to release various sums totaling $386,954,000.00 to SEI and the two associated companies for ‘procurement of technical equipment’, without tying the money to particular items of procurement.

“Thus, the allotment of the funds was left at the discretion of the vendor without input or consultation with ONSA or the Nigerian Army.

“Furthermore, some of the funds transferred preceded the formalization of SEI contracts with the Nigerian Army. There was also no evidence of any contract to justify the payments made by ONSA to the SEI associate companies. Consequently, it had been difficult for the ONSA, the Nigerian Army and SEI to reconcile the accounts vis-a-vis the equipment delivered.”

The panel also uncovered that 42 units of Armoured Personnel Carrier(APC) which were rejected by Iraq were later sold to Nigeria to fight Boko Haram insurgents.

It claimed that some of the APCs were either expired or unsuitable leading to loss of lives.

It added: “The committee observed that one of the new equipment SEI procured for the Nigerian Army from Ukraine was BTR-4E APC.”

However, according to the Ukraine’s state enterprise, Lviv Armour Repair Plant, the designers of the equipment, “some of the products sold to Nigeria in 2014 were actually among 42 units designed for Iraq which subsequently rejected them due to poor performance rating”.

“The Nigerian Army did not also undertake the mandatory pre-shipment inspections provided for in the contract agreements. Instead, the NA deployed an infantry officer, who lacked the technical knowledge to assess the capabilities and shortcomings of the equipment, to oversee the shipment of the items for the Nigerian Army from Ukraine.

“Additionally, the two-week training availed the technicians and operators was inadequate for them to comprehend the technical workings of the newly introduced equipment.

“The committee’s interactions with the field operators revealed that although the platforms and ammunition procured by SEI were deployed for the NE operations, some of them were aged or expired, lacked spares and prone to breakdown without immediate recovery equipment.

“Therefore, failure to carry out pre-shipment inspection and inadequate training resulted in procurement of some unreliable equipment that reduced the capacity of the Nigerian Army in the North East operations and resulted in the loss of lives and equipment.”

On some payments to SEI on T-72 Tanks, the panel said the company made about $93,000,000.00 profit without paying the mandatory 5 per cent Withholding Tax(WHT).

It said: “SEI submitted a document to the committee reconciling the items it delivered to the Nigerian Army vis-a-vis the payments made to it by ONSA.”

According to SEI, the total value of the contracts it executed amounted to $909,065,824.00 and not the $883,315,000.00 reflected in the two contract agreements it signed with Nigerian Army.

Furthermore, SEI claimed that it delivered goods worth $697,718,168.00 whereas only $198,289,672.00 was paid to it by ONSA.

http://thenationonlineng.net/15bn-arms-deals-panel-traces-n2bn-five-children-ex-army-chief/

3 Likes

Re: $15bn Arms Deals: Panel Traces N2bn To Five Children Of Ex-army Chief by searchng4love: 2:37pm On Aug 13, 2016
No name! No comment super story.

14 Likes

Re: $15bn Arms Deals: Panel Traces N2bn To Five Children Of Ex-army Chief by Sunofgod(m): 2:38pm On Aug 13, 2016
Wonderful....

1 Like

Re: $15bn Arms Deals: Panel Traces N2bn To Five Children Of Ex-army Chief by 989900: 2:43pm On Aug 13, 2016
Wow!

3 Likes

Re: $15bn Arms Deals: Panel Traces N2bn To Five Children Of Ex-army Chief by Abduljohn(m): 2:49pm On Aug 13, 2016
Is there no budget for security? Because it beat my imagination how this people keep awarding contract at a whopping amount.

6 Likes

Re: $15bn Arms Deals: Panel Traces N2bn To Five Children Of Ex-army Chief by Flexherbal(m): 4:15pm On Aug 13, 2016
Our leaders are heartless.

9 Likes 1 Share

Re: $15bn Arms Deals: Panel Traces N2bn To Five Children Of Ex-army Chief by StOla: 4:21pm On Aug 13, 2016
We need a violent and ruthless revolution in this country to soften the hardened hearts of the obstinately corrupt that might survive the purge.

29 Likes 3 Shares

Re: $15bn Arms Deals: Panel Traces N2bn To Five Children Of Ex-army Chief by Tolexander: 4:21pm On Aug 13, 2016
Flexherbal:
Our leaders are heartless.
And the citizens are brainless!

17 Likes 2 Shares

Re: $15bn Arms Deals: Panel Traces N2bn To Five Children Of Ex-army Chief by StOla: 4:22pm On Aug 13, 2016
Flexherbal:
Our leaders are heartless.

Our followership is also soaking in corruption.

10 Likes 2 Shares

Re: $15bn Arms Deals: Panel Traces N2bn To Five Children Of Ex-army Chief by freeze001(f): 4:38pm On Aug 13, 2016
They should properly verify the information, ensure sufficient evidence, charge the culprit(s) to court and ensure diligent prosecution until a befitting punishment/sentence is secured! No more shoddy reports n prosecution please!

The rule of law must prevail to punish wicked thieves; there should be no sacred cows either! All or nothing!

5 Likes 1 Share

Re: $15bn Arms Deals: Panel Traces N2bn To Five Children Of Ex-army Chief by Chimezie250(m): 4:59pm On Aug 13, 2016
$15billion no longer 2.1 billion continue

24 Likes 1 Share

Re: $15bn Arms Deals: Panel Traces N2bn To Five Children Of Ex-army Chief by Flyingngel(m): 5:07pm On Aug 13, 2016
Anytime i hear this kind of money, i shake my head.

1 Like

Re: $15bn Arms Deals: Panel Traces N2bn To Five Children Of Ex-army Chief by slimfit1(m): 5:12pm On Aug 13, 2016
The looters are united in looting while the citizens are united in suffering.

9 Likes 1 Share

Re: $15bn Arms Deals: Panel Traces N2bn To Five Children Of Ex-army Chief by Nobody: 5:14pm On Aug 13, 2016
Tolexander:
And the citizens are brainless!
Like u cos u are also a citizen!

2 Likes

Re: $15bn Arms Deals: Panel Traces N2bn To Five Children Of Ex-army Chief by PFRB: 5:38pm On Aug 13, 2016
The committee did not state the laws that were violated.

1 Like

Re: $15bn Arms Deals: Panel Traces N2bn To Five Children Of Ex-army Chief by slimfit1(m): 6:26pm On Aug 13, 2016
We are divided in prosecution.

1 Like

Re: $15bn Arms Deals: Panel Traces N2bn To Five Children Of Ex-army Chief by oduastates: 6:56pm On Aug 13, 2016
Just another proof oh how Jonathan developed Nigeria and transformed the society

14 Likes 2 Shares

Re: $15bn Arms Deals: Panel Traces N2bn To Five Children Of Ex-army Chief by Ahmeduana(m): 7:35pm On Aug 13, 2016
giftadene:
The Presidential Committee on Audit of Defence Equipment Procurement (CADEP) has traced about N2billion, meant for the purchase of vehicles for the Nigerian Army, to the accounts of five children of a former Chief of Army Staff.

The accounts were said to have been frozen as at the time of filing this report.

Also, the panel discovered that about 42 units of Armoured Personnel Carrier (APC) rejected by Iraq were resold to Nigeria to fight Boko Haram insurgents.

It said the poor equipment accounted for the loss of lives and soldiers in the North-East.

The panel’s findings are contained in a brief which was obtained by The Nation.

The outcome of the panel’s investigation suggested that the children of the ex-Chief of Army Staff allegedly used two companies for the deal.

The panel said: “The committee reviewed the procurement carried out by Chok Ventures Ltd and Integrated Equipment Services Ltd, two companies that shared the same registered office, had one name as common controlling shareholder and sole or mandatory signatory to the various banks accounts of the companies.

“The committee further established that between March 2011 and December 2013, the two companies exclusively procured various types of Toyota and Mitsubishi vehicles worth over N2, 000,000,000.00 for the Nigerian Army without any competitive bidding.

“Most of the contracts awarded to the companies were also split, awarded on the same date or within a short space of time at costs and mobilization higher than the prescribed thresholds.

“For instance, on February 13 and 15, the two companies were awarded contracts worth N260, 000.000.00 and N315, 000,000.00 respectively for supplies of various vehicles. The Nigerian Army could not justify the exclusive selection of these vendors against other renowned distributors of same brands of vehicles procured.

“More seriously, the committee found no credible evidence of delivery of the vehicles by the two companies as there were no receipt vouchers, but only unauthenticated delivery notes, invoices and waybills that were purportedly used for the deliveries.

“Nevertheless, the vendors were fully paid based on job completion certificate authenticated by the then Chief of Logistics, Maj Gen D.D. Kitchener (rtd). The payments were also made without deduction of Withholding Tax (WHT). Furthermore, analyses of the various bank accounts of the two companies showed transfers to individuals , some of who are believed to be children of the army chief.

“Thus, the committee recommends further investigation to determine delivery of the vehicles and relationship of funds beneficiaries with the former COAS and the two companies. Furthermore, the panel said that Lt Gen O. A. Ihejirika (rtd), Maj Gen D. D. Kitchener (rtd), Col A. M. Inuwa and Mr Chinedu Onyekwere should be held accountable for the issues arising out of the contracts.”

The panel observed that the award of contracts in the Nigerian Army was fraught with irregularities.

It said a company was registered on November 17, 2014 and awarded $125,179,299.10 on the same day.

It said: “The Nigerian Army, between April and August 2014, entered into four contract agreements with Societe D’Equipmenteux Internationale (SEI Nig Ltd) for procurement of Cobra Armoured Personnel Carriers, Shilka Self-Propelled Artillery Guns, Armoured Fighting Vehicles (AFVs) as well as various ammunition and spares funded by the ONSA.

“The contracts for the Cobra APCs and Shilka Guns were not executed as they were not funded. However, the costs for procurement of the AFVs; ammunition and spares were $398,550,000.00 and $484,765,000.00 respectively totalling $883,315,000.00.

“In November 2014, the ONSA awarded contract to Conella Services Limited for procurement of 72 various arms and ammunition that included MRAP vehicles, Mi-17 helicopter at the cost of $125,179,299.10.

“The committee observed that the company was registered in Nigeria on 17 November, 2014 and awarded the contract on the same date, while the EUC for the procurement was issued a day later on 18 November, 2014. Furthermore, the ONSA paid $36,996,530.00 and N2,209,582,296.00 to the vendor between November 2014 and 15 April, 2015.

However, the Nigerian Army denied receipt of any procurement from Conella Services Ltd.

“Similarly, the committee tried in vain to reach officials of the company to confirm execution of the contract. There is, therefore, the need for further investigation of Conella Services Ltd.

“The committee observed that SEI and its two associated companies, APC Axial Ltd and HK-Sawki Nig Ltd, were incorporated in May 2014 with two Nigerien brothers, Hima Aboubakar and Ousmane Hima Massy as the only directors.

“ Between May 2014 and March 2015, the ONSA mandated CBN to release various sums totaling $386,954,000.00 to SEI and the two associated companies for ‘procurement of technical equipment’, without tying the money to particular items of procurement.

“Thus, the allotment of the funds was left at the discretion of the vendor without input or consultation with ONSA or the Nigerian Army.

“Furthermore, some of the funds transferred preceded the formalization of SEI contracts with the Nigerian Army. There was also no evidence of any contract to justify the payments made by ONSA to the SEI associate companies. Consequently, it had been difficult for the ONSA, the Nigerian Army and SEI to reconcile the accounts vis-a-vis the equipment delivered.”

The panel also uncovered that 42 units of Armoured Personnel Carrier(APC) which were rejected by Iraq were later sold to Nigeria to fight Boko Haram insurgents.

It claimed that some of the APCs were either expired or unsuitable leading to loss of lives.

It added: “The committee observed that one of the new equipment SEI procured for the Nigerian Army from Ukraine was BTR-4E APC.”

However, according to the Ukraine’s state enterprise, Lviv Armour Repair Plant, the designers of the equipment, “some of the products sold to Nigeria in 2014 were actually among 42 units designed for Iraq which subsequently rejected them due to poor performance rating”.

“The Nigerian Army did not also undertake the mandatory pre-shipment inspections provided for in the contract agreements. Instead, the NA deployed an infantry officer, who lacked the technical knowledge to assess the capabilities and shortcomings of the equipment, to oversee the shipment of the items for the Nigerian Army from Ukraine.

“Additionally, the two-week training availed the technicians and operators was inadequate for them to comprehend the technical workings of the newly introduced equipment.

“The committee’s interactions with the field operators revealed that although the platforms and ammunition procured by SEI were deployed for the NE operations, some of them were aged or expired, lacked spares and prone to breakdown without immediate recovery equipment.

“Therefore, failure to carry out pre-shipment inspection and inadequate training resulted in procurement of some unreliable equipment that reduced the capacity of the Nigerian Army in the North East operations and resulted in the loss of lives and equipment.”

On some payments to SEI on T-72 Tanks, the panel said the company made about $93,000,000.00 profit without paying the mandatory 5 per cent Withholding Tax(WHT).

It said: “SEI submitted a document to the committee reconciling the items it delivered to the Nigerian Army vis-a-vis the payments made to it by ONSA.”

According to SEI, the total value of the contracts it executed amounted to $909,065,824.00 and not the $883,315,000.00 reflected in the two contract agreements it signed with Nigerian Army.

Furthermore, SEI claimed that it delivered goods worth $697,718,168.00 whereas only $198,289,672.00 was paid to it by ONSA.

http://thenationonlineng.net/15bn-arms-deals-panel-traces-n2bn-five-children-ex-army-chief/
FROM 2.1 TO 15 BILLION, EVEN SELF ONE NONENTITY SAID 95 BILLION ALL IN DOLLAR and them wan tell us new story again and i reply THAT GALALA NO BE NEW SONG AGAIN.

14 Likes

Re: $15bn Arms Deals: Panel Traces N2bn To Five Children Of Ex-army Chief by Proffdada: 7:53pm On Aug 13, 2016
“ Between May 2014 and March 2015, the ONSA mandated CBN to release various sums totaling $386,954,000.00 to SEI and the two associated companies for ‘procurement of technical equipment’, without tying the money to particular items of procurement.
no thanks to the clueless presiDUNCE angry

6 Likes

Re: $15bn Arms Deals: Panel Traces N2bn To Five Children Of Ex-army Chief by Motherfucker2: 7:53pm On Aug 13, 2016
Wow, i love that.
Young Nigerians are very foolish, instead of thinking how a young man will be the president of Nigeria, they're busy voting for an 80 year old man to be the president.

They say we're the leaders of tomorrow, well, that's not the case with Young Nigerians

Nigerians deserves the hardship they're getting now, so make nobody complain

1 Like

Re: $15bn Arms Deals: Panel Traces N2bn To Five Children Of Ex-army Chief by spartan50(m): 7:56pm On Aug 13, 2016
Abeg make we see road. Na noise EFCC dey make. This is just a media stunt to try and divert Nigerians from the current hardship we face. Fix the economy Oga Buhari.. Stop all this media propaganda.

3 Likes

Re: $15bn Arms Deals: Panel Traces N2bn To Five Children Of Ex-army Chief by Hadeyeancah(m): 7:57pm On Aug 13, 2016
Ok
Re: $15bn Arms Deals: Panel Traces N2bn To Five Children Of Ex-army Chief by Montaque(m): 7:57pm On Aug 13, 2016
Wow.
So some of the youths and the younger generation of Nigerians exchanging words with me on NL are beneficiaries of such huge amount?
I will have to still believe we have unsullied young nigerians

1 Like

Re: $15bn Arms Deals: Panel Traces N2bn To Five Children Of Ex-army Chief by AfroKnight: 7:59pm On Aug 13, 2016
Stealing everywhere. So much waste. Thanks to the ineffectual buffoon, the hero of ipob drug dealers.

8 Likes

Re: $15bn Arms Deals: Panel Traces N2bn To Five Children Of Ex-army Chief by 18SNVL: 8:00pm On Aug 13, 2016

4 Likes

Re: $15bn Arms Deals: Panel Traces N2bn To Five Children Of Ex-army Chief by Nobody: 8:02pm On Aug 13, 2016
The ex -Army chief no get name? Even though we know they're referring to Ihejirika as his name was later mentioned in a separate incident.
Buhari wee sha find a way to rope Ihejirika inside shaaaa, wetin kuku concern me. They're all thieves. When they were chopping national cake, how much did i get?

4 Likes

Re: $15bn Arms Deals: Panel Traces N2bn To Five Children Of Ex-army Chief by Millz404(m): 8:05pm On Aug 13, 2016
Enough of anti corruption, people need food on their table

1 Like

Re: $15bn Arms Deals: Panel Traces N2bn To Five Children Of Ex-army Chief by sundayamazing3: 8:06pm On Aug 13, 2016
The useless thieves and their children shall died of SWORD. No wonder they all travel abroad! Not knowing they have emptied Nigeria. It shall never well with u all
Re: $15bn Arms Deals: Panel Traces N2bn To Five Children Of Ex-army Chief by AleAirHub(m): 8:10pm On Aug 13, 2016
angry We are tried of effc trace trace.
Re: $15bn Arms Deals: Panel Traces N2bn To Five Children Of Ex-army Chief by Nobody: 8:10pm On Aug 13, 2016
cool

2 Likes

Re: $15bn Arms Deals: Panel Traces N2bn To Five Children Of Ex-army Chief by Ayoswit(f): 8:11pm On Aug 13, 2016
chai
Re: $15bn Arms Deals: Panel Traces N2bn To Five Children Of Ex-army Chief by sexycat: 8:14pm On Aug 13, 2016
I weep everyday for my country Nigeria,this wasn't the country I left less than two years ago, everything seems in disarray, everyday huge money keeps coming out from looters yet what are they using the money for after recovery of it, I don't feel like coming to Nairaland again because it keeps taking tears off my eyes, the last time I read how someone killed another person just because of #300 in calabar, less than a dollar, where are we heading to in our great country....... embarassed

1 Like

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