NewsRescue– Another scandal from Nigeria’s big men, this time the highly detested Senate. The amount this report discovers was looted translates to over $40 Million!
PremiumTimes writes:
Nigerian federal lawmakers, led by incumbent Deputy President of the Senate, Ike Ekweremadu, and former Deputy Speaker Emeka Ihedioha, withdrew a princely N7.75 billion of public funds in four years to purportedly review sections of the 1999 Constitution, PREMIUM TIMES can authoritatively report today.
In an investigation lasting months, this newspaper found that between 2011 and 2015, the 53-member House of Representatives Ad-hoc Constitution Review Committee and its 49-member counterpart in the Senate in the 7th National Assembly withdrew N3,250,000,000.00 and N4,500,000,000.00 respectively to purportedly execute the fourth alteration of the Constitution.
It is not immediately clear how the lawmakers spent the outrageous funds but insiders say a huge chunk of it was pocketed by members of the committees in what one source described as ‘unprecedented naira bazaar’ by a committee of the National Assembly’. Read full report