Sunday, 17 November 2013

Stella Oduah Recommended for 3yrs in Prison for N255m Fraud

It has been proved that

the minister of aviation,

Ms Stella Oduah,

compelled the Nigeria

Civil Aviation Authority

(NCAA) to purchase two

BMW bulletproof cars that

cost a whooping

N255million.

The report reads:

“That the contract for

the purchase of the

cars was not listed

in the budget by

NCAA, the agency

compelled by the

minister to make the

purchase , and was

not listed by the

Federal Airports

Authority of Nigeria

(FAAN) and the

Nigerian Airspace

Management Agency

(NAMA).

“That spending

public funds on

unbudgetted projects

attracts three years

in jail and a fine of

N100,000 as

stipulated by the

ICPC Act.”

The House of Reps

committee report added

that Stella Oduah should

face the consequence of

spending public money on

unbudgetted expenditure

such as the purchase of

the cars.

These were contained in

the report of the House

Committee that

investigated the N255m

scandal.

The lawmakers also

disclosed that the NCAA

did not comply with the

Fiscal Responsibility Act

on Internally Generated

Revenue (IGR) as it has

not been remitting its IGR

to the federation account

contrary to Section 177 of

Nigeria’s Financial

Regulations (2009).

Going further, the

committee indicted Oduah

for approving an

overinflated contract by

approving a sum for the

cars which international

auto dealers have

described as a “rip-off”.

“The minister has not

addressed why the NCAA

paid a price tag that auto

dealers in the US and UK

described as ‘a rip-off’. It

is a fact that each of the

BMW cars should cost no

more than $167,000

which is approximately

N36 million."

The report concluded

thus:

“The President of the

Federal Republic of

Nigeria should review the

continued engagement of

the Minister for Aviation,

Princess Stella Oduah,

having contravened the

2013 appropriation and

approved revised

thresholds by exceeding

her approval limit of

N100m with the purchase

of 54 vehicles valued at

N643m”.


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Stella Oduah Recommended for 3yrs in Prison for N255m Fraud

It has been proved that

the minister of aviation,

Ms Stella Oduah,

compelled the Nigeria

Civil Aviation Authority

(NCAA) to purchase two

BMW bulletproof cars that

cost a whooping

N255million.

The report reads:

“That the contract for

the purchase of the

cars was not listed

in the budget by

NCAA, the agency

compelled by the

minister to make the

purchase , and was

not listed by the

Federal Airports

Authority of Nigeria

(FAAN) and the

Nigerian Airspace

Management Agency

(NAMA).

“That spending

public funds on

unbudgetted projects

attracts three years

in jail and a fine of

N100,000 as

stipulated by the

ICPC Act.”

The House of Reps

committee report added

that Stella Oduah should

face the consequence of

spending public money on

unbudgetted expenditure

such as the purchase of

the cars.

These were contained in

the report of the House

Committee that

investigated the N255m

scandal.

The lawmakers also

disclosed that the NCAA

did not comply with the

Fiscal Responsibility Act

on Internally Generated

Revenue (IGR) as it has

not been remitting its IGR

to the federation account

contrary to Section 177 of

Nigeria’s Financial

Regulations (2009).

Going further, the

committee indicted Oduah

for approving an

overinflated contract by

approving a sum for the

cars which international

auto dealers have

described as a “rip-off”.

“The minister has not

addressed why the NCAA

paid a price tag that auto

dealers in the US and UK

described as ‘a rip-off’. It

is a fact that each of the

BMW cars should cost no

more than $167,000

which is approximately

N36 million."

The report concluded

thus:

“The President of the

Federal Republic of

Nigeria should review the

continued engagement of

the Minister for Aviation,

Princess Stella Oduah,

having contravened the

2013 appropriation and

approved revised

thresholds by exceeding

her approval limit of

N100m with the purchase

of 54 vehicles valued at

N643m”.


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