Tuesday, 16 August 2016



Benue State Lawmakers Return N750m Car Loan to EFCC

Lawmakers who received huge sums for vehicular purchase in Benue State are now making frantic efforts to return the monies. 

EFCC Nigerians
 
Up to about 22 members of the Benue State House of Assembly who collected money to purchase Prado Sports Utility Vehicles have started refunding the money to the Economic and Financial Crimes Commission.
 
According to The Punch, this development, was revealed on Monday by the Majority Leader of the House, Mr. Benjamin Adanyi.
 
It would be recalled that some members of the Assembly were recently invited and grilled by the EFCC in Abuja over alleged misappropriation of funds meant for the purchase of vehicles for members of the House.
 
Adanyi, in a chat with reporters in Makurdi, stated that the issue that led to their invitation by the EFCC was not an issue of corruption but procedure, stressing that the amount meant for the purchase of the vehicles for the 30 members in the House was N375m and not N750m as published in the media.
 
He said, “The issue that involved the EFCC was the issue of procedure. Somebody had petitioned the supplier about certain transactions that were being conducted, it was when investigations were going on that the EFCC discovered that certain monies were given to 22 members.

“The EFCC advised us to refund the money, thus I can categorically inform you that we have agreed to refund the money and we have started paying so that the money will be retired to the state government and it will be added to the initial sum and process the vehicles for members.”
 
He said the contract was awarded to a corporate entity and not the leadership of the House, stressing that there was no correlation between the N750m bandied in the media and the record at the Ministry of Finance.
 
Adayi further stated that the decision by the members to collect the money to buy the vehicle of their choice was because they felt the contract could not be executed since the contract sum per vehicle was N12.5m against the market value of N14.5m.
 
Adanyi said, “Members did not want an upward review as that would take a longer time, more so considering the prevailing economic crisis, they chose to opt for smaller vehicles.”
 
The Majority Leader however said the refund option by the EFCC would favour the members as the state government would have no option but to source additional N7m each to purchase the vehicles for them.


Are You On youtube? subscribe to Hot GIST Channel Latest Updates - @Hot Gist

Are You On youtube? subscribe to Gospel World (which is also owned by Tony Gists) youtube Channel Latest Updates - @Gospel world

Are you on audio mack? Follow Tonygists on audio mack to listen and download to the latest Mfm sermons Latest Updates - @Tonygists

Follow Tonygists on LinkedIn to get more jobs opportunities Latest Updates - @Tonygists

Are You On youtube? subscribe to Honest Ose Channel Latest Updates - @Honest Ose

Are You On youtube? subscribe to Honest Web Solutions Channel Latest Updates - @Honest Web Solutions

Are You On youtube? subscribe to Xtremely Honest Channel Latest Updates - @Xtremely Honest

Are You On Twitter? Follow Us Now For Latest Updates - @tonygists

Are You On FACEBOOK? Like Our Page For Latest Updates - tonygists

Are You On FACEBOOK? Join Our Group For Latest Updates And Interactions - TonyGists


© 2024 Tonygists | Portions are © 2024 Associated Press. All rights reserved. This material may be published, broadcast, rewritten, or distributed.

Share This Post Via

Related Posts

Previous
Next Post »


Reliance Training and Management Consulting, a dynamic, fast growing indigenous entity, was established and duly registered with the aim to nurture, develop and innovate people and organisations through customized training, development and management consulting services, with excellent performance, deep sense of commitment, transparency, honesty and responsibility, to demonstrate the highest standard of technical and operational expertise.
 


 
Reliance is competently positioned to provide technical knowledge and skills relevant to practical management and business problems, to stimulate the creativity and innovation necessary to build a better community, a better nation and a better world with a committed mind set to contributing our best to the maximization of personal potentials and skills toward optimizing productivity and achieving organisational goals.
 
for more information click RELIANCE TRAINING AND MANAGEMENT CONSULTING

Ads