The Economic and Financial Crimes Commission says the sum of N27bn, which formed part of the proceeds of the sale of Power Holding Company of Nigeria, was shared among top government functionaries in 2014.
The EFCC disclosed this in a court paper filed before the Federal High Court in Abuja on December 5, 2017.
The total sum of N27,188,232,208.20, allegedly looted by the named officials was said to be meant for the settlement of the insurance premiums for disengaged members of staff of PHCN
via Punch Newspapers – http://ift.tt/2BKP8C1
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The EFCC disclosed this in a court paper filed before the Federal High Court in Abuja on December 5, 2017.
The total sum of N27,188,232,208.20, allegedly looted by the named officials was said to be meant for the settlement of the insurance premiums for disengaged members of staff of PHCN
via Punch Newspapers – http://ift.tt/2BKP8C1
--
Get More Nigeria Political News
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