In Edo APC Chieftain, 4 others remanded in prison over alleged N1.5bn scam The EFCC accused them of corruptly enriching themselves in various sums totalling N1.5 billion from the bulk sale of their own shares of SUBEB contracts.
The woman leader of the All Progressives Congress (APC), Dr. Esosa Amadasun, in Edo state and four other persons have been remanded in prison over alleged misappropriation of N1.5 billion belonging to the State Universal Basic Education Board (SUBEB).
Justice Ohimai Ovbiagele of an Edo High Court ordered that Amadasun; a former Chairman of SUBEB, Stephen Alao; and three former members of the board be kept in jail pending the hearing on their bail application.
The Economic and Financial Crimes Commission (EFCC) arraigned the accused persons on 50 counts bordering on an alleged contract scam.
The anti-graft commission accused them of corruptly enriching themselves in various sums totalling N1.5 billion from the bulk sale of their own shares of SUBEB contracts.
The offence is punishable under Section 26(1) and other relevant sections of the Independent and Corrupt Practices and other related offences Commission’s Act, 2000.
The EFCC arrested Alao and a former Director of Finance in the agency, Adams Osabuohien, on November 22, 2016, over their roles in the alleged scam.
Alao was said to have single-handedly awarded the contract sum of N192.1 million for the supply of students plastic seats and desks to one Fugard Agriculture Development Company Limited, a company said to be owned by his family.
He was accused of allegedly awarding contracts to one Geonom Associate Company Limited, owned by his friend, one George Angboro; Anarole-Amio Enterprises, allegedly owned by his brother-in-law, Joseph Nandom; Bagudu Nigeria Enterprises, Julie Omonigho Nigeria Enterprises, J. Eenel Nigeria Enterprises and Osadebawen Nigeria Enterprises for pecuniary gains.
He was also alleged to have demanded the sum of N22 million from one Lawrence Nyamali for the bulk sale of his own share of contracts.
The Commission also alleged that Amadasun, the APC Chieftain, received the sum of N2.5 million from one Chinedu Abiazia, N4.5 million from Goldust Complex Limited and N2 million from Odam Global Integrated Services, among others, as bulk sale of her shares of contracts.
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