Buhari Sets Up Committee to Probe $1 Billion Loan, $466 Million Jets Deal in Nigeria Military

The Presidency under General Muhammadu Buhari has set up a committee to probe alledged corrupt practices in the Nigeria military under former Presidents Musa Yar Adua and President Goodluck Jonathan.

The committee will review various contracts and loans handled in the nation’s armed forces over the past few years. Some of the deals and contracts to be investigated include;

– $466.5m contract to weaponise six Puma helicopters by the Jonathan administration
– N3b contract for the supply of six units of K-38 patrol boats to the disbanded Presidential Implementation Committee on Maritime Security (PICOMSS)
– Theft of over 200m Euros at PICOMMS and the purchase of two private jets
– $9.3m seized by South Africa
– $1b loan approved by the 7th Senate for arms purchase to fight Boko Haram
– Un-accessed N7b military budget
– Rehabilitation of the Military Reference Hospital in Kaduna

The Panel members include Group Capt. C.A. Oriaku (rtd.), Air Vice Marshal J.O.N. Ode (rtd.) who is to act as Chairman of the committee, Rear Admiral J.A. Aikhomu (rtd.) etc.

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Don Pagli

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