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EFCC Begins Probe Of Suspects In Obasanjo’s $16bn Electricity Deal - Politics (2) - Nairaland

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No INEC Officials Or Materials In Obasanjo’s Polling Unit (PHOTO) / What Will Happen If Buhari Orders Obasanjo's Arrest Over $16bn Power Probe? / Buhari Queries Obasanjo Over $16bn Power Project (2) (3) (4)

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Re: EFCC Begins Probe Of Suspects In Obasanjo’s $16bn Electricity Deal by BruncleZuma: 9:07am On May 26, 2018
Re: EFCC Begins Probe Of Suspects In Obasanjo’s $16bn Electricity Deal by agarawu23(m): 9:07am On May 26, 2018
It's becoming interesting
Re: EFCC Begins Probe Of Suspects In Obasanjo’s $16bn Electricity Deal by BeijinDossier: 9:07am On May 26, 2018
Bubu and Baba

Round- 1 grin

1 Like

Re: EFCC Begins Probe Of Suspects In Obasanjo’s $16bn Electricity Deal by Xisnin(m): 9:09am On May 26, 2018
Nothing will come out of it as usual. The plan is to keep the news in the dailies till the 2019 election.
Re: EFCC Begins Probe Of Suspects In Obasanjo’s $16bn Electricity Deal by sexdoll: 9:09am On May 26, 2018
12th Commandment: Thou shall not write any letter... if you know you have a skeleton in your cupboard.
Re: EFCC Begins Probe Of Suspects In Obasanjo’s $16bn Electricity Deal by Goddaughter: 9:10am On May 26, 2018
Nahwah
Re: EFCC Begins Probe Of Suspects In Obasanjo’s $16bn Electricity Deal by Newpride(m): 9:10am On May 26, 2018
Nice from efcc, culprits shld dealt with.....

$16bn isn’t a joke ...

God bless pmb

God bless Nigeria

4 Likes

Re: EFCC Begins Probe Of Suspects In Obasanjo’s $16bn Electricity Deal by shegra58: 9:10am On May 26, 2018
Baawaa:
Buhari the people's General,if you can jail this man called OBJ you have won war against corruption because Obasanjo is father of all polical thieves in Nigeria of today.
Forget it person who can't jail ordinary Dansuki and Olisa Mesut go come jail OBJ never in life that can happen

4 Likes

Re: EFCC Begins Probe Of Suspects In Obasanjo’s $16bn Electricity Deal by saintol(m): 9:10am On May 26, 2018
In the end, there will be no end. Naija for show.

1 Like

Re: EFCC Begins Probe Of Suspects In Obasanjo’s $16bn Electricity Deal by Pope22(m): 9:11am On May 26, 2018
This buhari is funny, he is just sending messages to people like amaechi, tinubu and co never to be my enemy whether you supported me or not.

4 Likes

Re: EFCC Begins Probe Of Suspects In Obasanjo’s $16bn Electricity Deal by Nobody: 9:12am On May 26, 2018
Baawaa:
Buhari the people's General,if you can jail this man called OBJ you have won war against corruption because Obasanjo is father of all polical thieves in Nigeria of today.
qoute me, buhari can never jail obj, I wish he can but he's also a thief, but if he can, that's good development anyway, that will be the beginning of revolution in Nigeria
Re: EFCC Begins Probe Of Suspects In Obasanjo’s $16bn Electricity Deal by israelmao(m): 9:12am On May 26, 2018
haryorbarmie83:
Jail them all PMB, they loot all our commonwealth finish. Awon ole.

PMB should also jail himself as regards to his off-colour deal in PTF.No saint among our leaders.

1 Like

Re: EFCC Begins Probe Of Suspects In Obasanjo’s $16bn Electricity Deal by nittroboy(m): 9:13am On May 26, 2018
This country must be change from the bottom to top, by eliminating the corrupted people or putting them in gallows.
We discourages infidelity to enable the nation looking more good healthy.
What I antipathy its unfaithfulness, I believed this country is a nationa ,comparable with other country doing all the necessarily to making there country more greatest.
Re: EFCC Begins Probe Of Suspects In Obasanjo’s $16bn Electricity Deal by Eduboy1990: 9:13am On May 26, 2018
Another perceived enemy

Re: EFCC Begins Probe Of Suspects In Obasanjo’s $16bn Electricity Deal by Newpride(m): 9:15am On May 26, 2018
Useless Government....

Nigeria is in grave Danger.

A new Tyrant is in town, why did he not go after them before now??

If you dare criticise this government, you become a suspect of one crime or the other.

What a mockery...




U can criticize but u must be clean.
Few people like prof wole soyinka and others will be good at criticizing this government not those who looted in the past.

He who calls equity must come with clean hand.
Re: EFCC Begins Probe Of Suspects In Obasanjo’s $16bn Electricity Deal by Nobody: 9:16am On May 26, 2018
Fuckyoumod:
Useless Government....

Nigeria is in grave Danger.

A new Tyrant is in town, why did he not go after them before now??

If you dare criticise this government, you become a suspect of one crime or the other.

What a mockery...

Exactly he waited three years till OBJ's coalition is gathering steam to start persecution

Useless president

1 Like

Re: EFCC Begins Probe Of Suspects In Obasanjo’s $16bn Electricity Deal by Mhizedith(f): 9:17am On May 26, 2018
Akkord4gov:
Let me start criticising this government maybe EFCC will come and investigate how I got 1,343 naira in my account

My sincere opinion about this,I don't have problem with the investigation. Though this government has made it widely known that they are fighting perceived opposition. Jonathan is keeping quite presently,lol.
Please Google the speech he gave at the commissioning of the presidential lodge in Edo Ekiti.
Johnathan is not quiet
Re: EFCC Begins Probe Of Suspects In Obasanjo’s $16bn Electricity Deal by millomaniac: 9:18am On May 26, 2018
maximunimpact:
Following representations made by some civil society groups, the Economic and Financial Crimes Commission (EFCC) has set machinery in motion to probe the controversy surrounding the $16 billion allegedly spent on power projects during the administration of former President Olusegun Obasanjo.

The anti-graft agency may invite two ex-ministers, former top officials of the defunct Power Holding Company of Nigeria (PHCN), present and past officials of the Niger Delta Power Holding Company and all the people recommended for investigation by a committee of the House of Representatives.

A team in EFCC was already collating facts and figures at press time yesterday.

But a top source, who spoke in confidence, said the move was not targeted at ex-President Obasanjo.

According to findings by our correspondent, the EFCC might conduct a forensic and comprehensive investigation into the alleged $16 billion power projects.

The scope of the investigation includes the total cost of the projects, how much was withdrawn from the Excess Crude Account (ECA), the total number of contracts awarded, the extent of compliance with due process and the status of the execution of all the projects.

A top source, who spoke in confidence yesterday, said: “We are looking into all the allegations and issues surrounding the power projects.

“We will conduct a comprehensive and forensic probe to ascertain the true status of all the projects.

“This investigation will actually ascertain how much has been spent so far.

“We have many figures being bandied about as follows: $16 billion, $13.278 billion, $10.3 billion, $8.4 billion and $8.55 billion.

“This is not an investigation aimed at ex-President Olusegun Obasanjo or anybody. We have to step in to set the records straight.

“Already, a team is collating facts and figures on these projects as part of the preliminary level/ bend of the investigation.”

Responding to a question, the source added: “We will retrieve the report of the House of Representatives Committee which investigated the power projects.

“The House actually recommended 18 top former public officers, including two ex-ministers, for investigation by anti-graft agencies, especially EFCC and ICPC.

“Many salient issues were raised for investigation by the House

Committee, which was headed by Hon. Ndudi Elumelu.”

The issues raised by the Elumelu Committee were as follows:

All NIPP payments were made without following due process

No meaningful progress was made in the execution of power contracts

Officials rushed to pay contractors in full even before engineering design for the projects have been completed and approved

NIPP contracts were not only overpriced in comparison with PHCN contracts, they were also wide off the mark

Widespread evidence of systematic over-scoping of projects in order to inflate costs both in PHCN and NIPP

NIPP Distribution EPC contracts were awarded at costs averaging about 10 times the norm when compared to PHCN contracts.

The Ndudi Elumelu Committee was put in place by the House on January 31, 2008 to look into how much was spent on power projects.

In its report, the committee said that about $13.278 billion was spent on power projects between 1999 and 2007.

The committee recommended termination of 13 contracts and review of 10 projects.

About 15 contracting and consulting companies were asked to be investigated by the appropriate agencies.

https://www.financialwatchngr.com/2018/05/26/efcc-begins-probe-of-suspects-in-obasanjos-16bn-electricity-deal/


You guys should hustle this your anti-corruption facade tight oo because that seems like the only sellable thing that fools will buy prior to the elections.

1 Like

Re: EFCC Begins Probe Of Suspects In Obasanjo’s $16bn Electricity Deal by millionboi2: 9:18am On May 26, 2018
haryorbarmie83:
Jail them all PMB, they loot all our commonwealth finish. Awon ole.
som ppl are untouchable.
Re: EFCC Begins Probe Of Suspects In Obasanjo’s $16bn Electricity Deal by hadura29(m): 9:25am On May 26, 2018
As usual reverse mode again... Yeye government...

Keep pumping current money to efcc to be investigating age long crime... Mtchew
Re: EFCC Begins Probe Of Suspects In Obasanjo’s $16bn Electricity Deal by SalamRushdie: 9:25am On May 26, 2018
HtwoOw:
Obasanjo you looked for trouble



So people have to look for Buharis trouble before he fights corruption? What page of the integrity manual is this jare?

1 Like

Re: EFCC Begins Probe Of Suspects In Obasanjo’s $16bn Electricity Deal by 99miles(m): 9:26am On May 26, 2018
Good news................ the monster Obj help in creating is abt to go after him.
life is sweet!
Re: EFCC Begins Probe Of Suspects In Obasanjo’s $16bn Electricity Deal by tete7000(m): 9:30am On May 26, 2018
Which stupid probe? The one for which motive is not right? The one aims at getting to a man that criticised you? I thought Buhari at the inception of his administration said he will limit his probe to Jonathan and not probe obj and the rest. Suddenly because obj criticised him now he extends his prove to him. What a deluded and vindictive person! If there must be a probe, it should be genuine, not one targeted at a perceived enemy.

1 Like

Re: EFCC Begins Probe Of Suspects In Obasanjo’s $16bn Electricity Deal by tbliss22(m): 9:31am On May 26, 2018
If bubu can jail OBJ, Babangida and most likely Atiku then he will be a real captain and trust me I might have a rethink of sending him to daura with my vote......

1 Like

Re: EFCC Begins Probe Of Suspects In Obasanjo’s $16bn Electricity Deal by MPESA(m): 9:32am On May 26, 2018
Baawaa:
Buhari the people's General,if you can jail this man called OBJ you have won war against corruption because Obasanjo is father of all polical thieves in Nigeria of today.
Sorry U forget to include BAT, OUK , AMECHI etc though all this noise is due to BABA IYABO VOICE AGAINST PMB AND THIS ADMISTRATION.
Re: EFCC Begins Probe Of Suspects In Obasanjo’s $16bn Electricity Deal by e7ejinima: 9:34am On May 26, 2018
Political!

Obasanjo was a saint until he withdrew support for the dùllard
Re: EFCC Begins Probe Of Suspects In Obasanjo’s $16bn Electricity Deal by e7ejinima: 9:35am On May 26, 2018
tete7000:
Which stupid probe? The one for which motive is not right? The one aims at getting to a man that criticised you? I thought Buhari at the inception of his administration said he will limit his probe to Jonathan and not probe obj and the rest. Suddenly because obj criticised him now he extends his prove to him. What a deluded and vindictive person! If there must be a probe, it should be genuine, not one targeted at a perceived enemy.

That's what I mean, bro. Where is thumbs up emo? You deserve 10
Re: EFCC Begins Probe Of Suspects In Obasanjo’s $16bn Electricity Deal by obyno5(m): 9:35am On May 26, 2018
If this News caption had come within this government's first year in power, nobody will be in doubt of its willingness to fight corruption.

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