EFCC probes senator over N4b contracts, 20 bank accounts

by Azeez Adeniyi

The Economic and Financial Crimes Commission (EFCC) is currently probing a senator for not executing N4 billion contracts awarded by the government of Delta State, The Nation reports.

It was gathered that the anti-graft agency is also investigating how the lawmaker operates 20 accounts in six banks with different signatories.

According to the news medium, the Code of Conduct Bureau (CCB) record showed that the senator  “did not declare all the companies and bank accounts he has despite being operational prior to the time he made the declaration”.

It was learnt that the EFCC started probing the senator after receiving a petition from the Delta State government.

The petitioner alleged that the senator owns a firm which was awarded a N1,580,000,000 contract by the Direct Labour Agency to supply construction equipment.

The petition stated that the senator allegedly supplied used equipment.

His firm also reportedly secured over N2 billion contracts from nine local government areas in Delta without being registered under the Company and Allied Matters Act.

A source in the anti-graft commission said: “We have traced five companies to the senator.  We were able to detect that in the course of contract execution, his company  imported and supplied used equipment, contrary to the specifications in the bill of quantity.

“Our team has discovered that the senator’s personal and companies’ bank accounts were linked to a bank verification number (BVN) which has more than 20 accounts domiciled in six banks.

“But his relative is the sole signatory to the accounts.

“They also located  one foreign account identified with the senator in HSBC Bank in Marbile Arch London, United Kingdom”.

He added, “So far, the senator has questions to respond to bordering on false asset declaration, official corruption, procurement fraud, tax avoidance, false information, impersonation and embezzlement of public funds.

“We are almost concluding the investigation of the senator. We will soon invite him for interview.”

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