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Lai Mohammed approved N2.5 billion ‘fraudulent’ payment, but claims ignorance

Lai Mohammed, Nigeria’s information minister, has admitted he did not do due diligence before signing off on a controversial N2.5 billion payment to a private digital broadcast signal distributor.

Mr Mohammed told the Independent Corrupt Practices and other related Offences Commission (ICPC) that he only approved the payment based on the recommendation of the director-general of the National Broadcasting Commission (NBC) in May 2017, according to those familiar with the investigation.

Anti-graft detectives at the ICPC have been investigating the transaction since June 2018. Already the ICPC has charged Modibbo Kawu, the DG of NBC, for allegedly deceiving Mr Mohammed to perpetrate the fraud.

Read more: Premium Times April 17 2019

Ripples Nigeria

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Ripples Nigeria

We are an online newspaper, very passionate about Nigerian politics, business and their leaders. We dig deeper, without borders and without fears.
www.ripplesnigeria.com