Buhari: DGs sacked by President to face EFCC, ICPC probe over massive fraud

Buhari: DGs sacked by President to face EFCC, ICPC probe over massive fraud

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Ten out of 26 Directors-General and Heads of parastatals, who were sacked by President Muhammadu Buhari, yesterday, February 15, would be handed over to the Economic and Financial Crimes Commission(EFCC) and the Independent Corrupt Practices and Other Related Offences Commission(ICPC), The Nation reports.

According the newspaper, the President removed some of the chief executives following reports of large-scale fraud in their agencies.

One was said to have spent N200 billion on the 2015 presidential campaign of former president Goodluck Jonathan. Some of the former chief executives also awarded contracts to cronies.

The report said the agencies being investigated by 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.

“At least 10 of those sacked chief executives will be handed over to the EFCC and the ICPC. The report on their misconduct is ready for these anti-graft agencies to act upon,” the newspaper quoted an anonymous source.

The source added: “All security agencies received the list of those affected about 24 hours before the formal announcement. They will all be placed on surveillance until cleared.

“Some of them have actually appeared before EFCC and ICPC in the last eight months. Their cases are under various stages of investigation.

“The revelations are mind-boggling and it is sad that some of these chief executives continued with the impunity even after a new government had taken over.”

According to the source a DG was implicated in a N68 billion fraud and other illegal expenditures and loans allegedly secured without proper approval.

It was also claimed that a former female chief executive was alleged to have donated N700million to the PDP’s presidential campaign in January 2015; furnishing of an office at N800million which donor agencies can supply at no cost and the construction of a store at N240million instead of N40million.

The DG of one of the media agencies was said to have acquired a licence for an electronic medium and diverted the sophisticated equipment to the new private outfit after using public funds to procure them.

Another DG of a sensitive agency was alleged to have hidden over N15billion in a secret account in violation of the extant regulations of Treasury Single Account (TSA).

It was gathered that one of the affected DGs presided over an agency which was generating about N9billion internally but as at the time he was sacked, he left more than N6billion debts for the agency.

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