Court orders forfeiture of private jet linked to alleged N23.1bn power fraud

A Federal High Court has ordered the last forfeiture of a backstage pitchy allegedly linked to fraud connected to the Maiduguri Emergency Power Project, MEPP, valued astatine 114.1 cardinal dollars and N23.1 billion.

The improvement was disclosed successful a connection posted connected the authoritative leafage of the Nigeria National Grid.

According to the statement, investigations by the Economic and Financial Crimes Commission, EFCC, allegedly revealed that Abdulsalam Mustapha Kachallah leaked bidding accusation to China Machinery Engineering Company, CMEC, successful speech for fiscal kickbacks.

The connection alleged that CMEC aboriginal transferred astir 2.07 cardinal dollars done Afuwa Integrated Services, identified arsenic a Bureau De Change operator, utilizing what were described arsenic forged invoices to facilitate the acquisition of the craft for Valiente Jet Limited.

Justice Emeka Nwite reportedly described the transaction arsenic a disguised statement linked to fraudulent activities surrounding the project.

“Justice Nwite condemned the disguised transaction, forfeiting the plus to the FG. The tribunal ordered the imperishable forfeiture of the craft to the Federal Government,” the connection read.

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