BREAKING: CORRUPTION IN ASO ROCK!!! President Buhari Terminates Rotimi Amaechi’s Multi-Billion Dollars Contact, Over Groundbreaking Fraud

By Post Nigeria May 26, 2018 18:46

BREAKING: CORRUPTION IN ASO ROCK!!! President Buhari Terminates Rotimi Amaechi’s Multi-Billion Dollars Contact, Over Groundbreaking Fraud

President Muhammadu Buhari, has terminated a new defence procurement contract initiated by members of his cabinet, over allegations of fraud.

The deal was midwived by the Transportation Minister, Rotimi Amaechi.

The contract, signed off by the Federal Executive Council, FEC, in December 2017, would have seen the Contractor, HSLi, net $195 million, in exchange for an undisclosed number of special mission aircraft, special mission helicopters, and 12 fast intervention vessels for the Nigerian Navy.

The Guardian, later reported that the contract would see Nigeria acquire three helicopters, three aircraft, three big battle-ready ships, 12 vessels, and 20 amphibious cars  to secure Nigerian waters.

Critics described the deal as a classic defence contract designed to steal, with the Transport Minister playing the role of “The Government Guy”.

In the memo dispatched by the Chief of Staff to the President, Abba Kyari, directing the Attorney-General of the Federation, Abubakar Malami, to terminate the contract, the President also ordered the National Security Adviser and the Nigerian Intelligence Agency, to investigate how the Contractor obtained security clearance for the job, without an end-user certificate.

The President, also ordered that the Contractor should be made to supply items equivalent to the $50 million upfront payment, which they received recently.

The Contractor, HSLi, passed around as an “Israeli company” by Amaechi, is not a registered business entity in Israel, investigation revealed.

Recall, that Amaechi had long been considered as one of Buhari’s biggest loyalists in his cabinet, and he is largely seen as crucial to the President’s re-election efforts.

President Buhari had also retained Amaechi as the Director-General of his 2019 Campaign.

More later…

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