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Nigerian Officials Signed Loans Written In Chinese Language - Ben Ibakpa - Politics - Nairaland

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Nigerian Officials Signed Loans Written In Chinese Language - Ben Ibakpa by CHIOMAEZEH: 5:08pm On May 15, 2020

https://www.youtube.com/watch?v=Z0-_MMlP0Po

Ben Ibakpa, the lawmaker representing Ethiope Federal Constituency in the house of representatives has alleged that some Nigerian officials signed loan documents from China written in the Chinese language.



The lawmaker disclosed this while appearing on Channels Television’s Sunrise Daily programme.



Ibakpa who stated that the National Assembly is not carried along when the executive takes loans from China, further pointed out that the loan documents are not critically evaluated before being signed. He also averred most of the contracts executed by the Chinese firms in the country are overpriced.



The Delta-born lawmaker maintained that the Buhari-led administration which campaigned with an anti-corruption mantra, should do better in checking these loans as corruption is fueled by awarding of contracts.



He said;



“The national assembly was kept in the dark in all these loans.

“The National Assembly is not part of it. Even the Bureau for Public Procurement is not aware of these loans.

“These loans are collected via the China Civil Engineering Construction Corporation (CCECC). They bring a bill, the Federal executive approves the bill.

"From what we have seen from other countries, the Chinese loans are overpriced and these people are very corrupt.

“Some of these agreements that are signed, they come in Chinese language.”
Re: Nigerian Officials Signed Loans Written In Chinese Language - Ben Ibakpa by Lagosfinder(m): 5:17pm On May 15, 2020
Its know fact almost all politicians are corrupt

They know what they signed its us that never knows
Re: Nigerian Officials Signed Loans Written In Chinese Language - Ben Ibakpa by Benbellamor: 5:22pm On May 15, 2020
Shame on silent Activists
Re: Nigerian Officials Signed Loans Written In Chinese Language - Ben Ibakpa by Tetrahedron: 5:23pm On May 15, 2020
Nigeria is a lost cause and unfortunate case,

If you dont see the handwriting on the wall then you are blind
Re: Nigerian Officials Signed Loans Written In Chinese Language - Ben Ibakpa by Sonoyom(m): 5:57pm On May 15, 2020
Casted!

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