$9bn Judgment: Buhari Asks EFCC, NIA To Probe 2010 Contract - Liberty TV/Radio - News - Voice For All! Vision For Alll!
Editor 4
August 27, 2019
President Muhammadu Buhari has directed the Economic and Financial Crimes Commission, EFCC, the National Intelligence Agency, NIA, and the Inspector General of Police to conduct a thorough investigation into the Process and Industrial Developments, P and D Ltd which was recently asked by a UK court to seize 9.6 billion dollars in Nigerian assets.
TheMinister of Information and Culture, Lai Mohammed, said this today at a pressconference in Abuja.
Mohammedsaid the decision was based on the fact that the Federal Government suspectedfoul play in the contract which was negotiated and signed in 2010.
Hehowever said, despite the court judgement, Nigeria was not about to lose any ofits assets.
Mohammedwas joined at the press conference by the Attorney General of the Federation,Abubakar Malami SAN; Minister of Finance, Budget and National Planning, ZainabAhmed; and the Governor of Central Bank of Nigeria, Godwin Emefiele.