Metro Nigeria's Arms Deal: Presidential Committee Indicts Over 300 Persons, Contractors



There are more revelations from the Presidency on contracts allegedly awarded by the office of the National Security Adviser (NSA) from 2011 to 2015.

A committee set up to examine the contract transactions has indicted more than 300 companies and prominent citizens including serving and retired officers of the Armed Forces.

According to the report, over 7 billion Naira has so far been recovered from the companies and individuals.


Also another 41 billion Naira is to be refunded by the indicted companies while further investigation by the EFCC is still ongoing.

The committee has further established that one of the indicted companies was overpaid to the tune of 7.9 million euros and 7.09 million dollars.