Tuesday 3 May 2016

Arms scandal: $15bn, not $2.1bn stolen, says EFCC

The Economic and Financial Crimes Commission made staggering discoveries in the process of investigating the alleged fraud relating to the diversion of $2.1bn meant for prosecution of the war against Boko Haram.

The PUNCH learnt on Tuesday that the EFCC had discovered that the total anti-insurgency money diverted by various personalities and agencies was over $15bn.
The $2.1bn represents the arms cash placed under the Office of the National Security Adviser, then headed by the immediate past NSA, Col. Sambo Dasuki (retd.).

Ex-military chiefs, including a former Chief of Defence Staff, Air Marshal Alex Badeh (retd.); and a former Chief of Air Staff, Air Marshal Adesola Amosu (retd.), had been quizzed for their alleged roles in the arms scam.

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