Power probe: EFCC traces N1.5b bribe cash to NPDHC chief
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Power probe: EFCC traces N1.5b bribe cash to NPDHC chief

- The EFCC has interrogated about 50 people over $9 billion power project scandal

- According to reports, those interrogated include a permanent secretary and functionaries of the Niger Delta Power Holding Company (NDPHC)

- There are new revelations on how contractors and top officials of the NDPHC shared about $8.5 billion

Not relenting concerning Nigeria's $9 billion power project scandal, the Economic and Financial Crimes Commission (EFCC) has reportedly brought about 50 people for interrogation.

According to The Nation, the people the EFCC interrogated included contractors and top government officials.

The newspaper reported that those quizzed include a permanent secretary, functionaries of the Niger Delta Power Holding Company and those of the Transmission Company of Nigeria (TCN).

Going further, it was reported that there are new revelations on how contractors and top officials of the NDPHC shared about $8.5 billion spent on the power project.

It was reported that contractors allegedly collected huge sums of money without doing anything while some officials hijacked money set aside for compensation to communities that will be hosting the projects.

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The report also said the anti-graft agency has already traced about N1.5 billion to the accounts of an official of NDPHC.

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Legit.ng had reported that the anti-graft agency was probing how the sum of $8.5 billion meant for the payment of compensation to communities for right of way for the $16 billion power project in 2006 was spent.

According to report, the agency had obtained more documents exposing how the cash was diverted by top government officials.

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Source: Legit

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