Nigeria In One Minute

EFCC UNCOVERS N2.5B FRAUD IN NEMA

The National Emergency Manage-ment Agency (NEMA) is currently enmeshed in a massive scandal after the Economic and Financial Crimes Commission (EFCC) uncovered an alleged N2.5billion fraud in the operations of the organisation.

The scandal was perpetrated through incorporation of fake companies, creation of fake IDPs’ camps and award of frivolous contracts.

The EFCC may invite a former Director-General of NEMA and some serving directors for interrogation on the fraud.

Some of the companies engaged by NEMA are alleged to have failed to remit N354,905,000 as accumulated taxes to the Federal Inland Revenue Service(FIRS).

The Nation gathered that the EFCC launched the probe following intelligence that the ex-DG of NEMA and some directors “siphoned, misappropriated and diverted public funds to the tune of over N2.5billion.”

A source familiar with the investigation said: “Preliminary investigation indicated that fake companies were incorporated and fake way bills were used in securing contracts in NEMA.

The Nation, January 28, 2018

 

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