fbpx Looters Of Nigeria Airways' N60bn Must Be Prosecuted - Reps - | Newsbreak Nigeria
  • About Us
  • Advertise
  • Contact Us
Thursday, June 1, 2023
  • Login
  • Register
Newsbreak.ng
  • Home
  • News
    • Breaking News
    • International
    • Education
    • Crime/Judiciary
    • Politics
  • Business
    • News
    • Economy
    • Brands and Marketing
  • Lifestyle
    • Sex
    • Events And Places
    • Fashion and Beauty
    • Health
  • Opinion
  • Love & Life
  • Sport
    • Football
    • Boxing
    • Tennis
  • Entertainment
No Result
View All Result
  • Home
  • News
    • Breaking News
    • International
    • Education
    • Crime/Judiciary
    • Politics
  • Business
    • News
    • Economy
    • Brands and Marketing
  • Lifestyle
    • Sex
    • Events And Places
    • Fashion and Beauty
    • Health
  • Opinion
  • Love & Life
  • Sport
    • Football
    • Boxing
    • Tennis
  • Entertainment
No Result
View All Result
Newsbreak.ng
No Result
View All Result

Looters Of Nigeria Airways’ N60bn Must Be Prosecuted – Reps

Tony Nwanne by Tony Nwanne
5 years ago
in Breaking News
Reading Time: 2 mins read
0 0
A A
0
Sacked PDP Reps Ordered To Refund Earnings
0
SHARES
Share on FacebookShare on TwitterShare on WhatsappShare on Reddit
ADVERTISEMENT

The House of Representatives on Wednesday called for the prosecution of persons who were indicted for looting the finances and property of the defunct Nigeria Airways.

It recalled that the Justice Obiora Nwazota Commission of Inquiry set up by former President Olusegun Obasanjo in 2002 had found that officials looted up to N60bn from the liquidated national carrier.

James Faleke, a member from Lagos State, who moved a motion on the matter, stated that the commission’s report, approved as a White Paper by the Federal Government, had asked the Ministry of Finance to recover the money and the police to prosecute the indicted culprits.

YOU MAY ALSO LIKE

Reps Summon NNPC GMD Over ‘$223m Hidden’ In Nigerian Bank

Sanwo-Olu’s Anti-graft Law To Shield Looters From Prosecution – Bode George

Faleke, whose motion was unanimously adopted by the House, expressed surprise that till date, neither had the N60bn been recovered nor had any prosecution taken place.

He noted that in place of the recovery, the current administration of President Muhammadu Buhari came to the aid of the airline’s retirees by releasing N22.6bn, begin 50 per cent part payment of the entitlements of the ex-workers.

“The House is dumbfounded that despite the release of the White Paper and the approval given to the paper as well as the directive to the Ministry of Finance and the police, the previous governments refused to prosecute the culprits,” Faleke added.

The House resolved to revisit the issue by investigating it, revealing the identities of the indicted persons and ensuring that they were prosecuted and made to refund the loot.

Also, Joseph Edionwele, a member from Edo State in a separate resolution said, the House directed its ad hoc committee to investigate the “increasing rate of adulterated petroleum products in Nigeria and its negative impacts.”

The House expressed concern that the adulteration of the products was causing serious hazards to human life, the environment and property.

The House also resolved to look into the recent alarm raised by the Nigeria Intelligence Agency that Chinese drugs made from human flesh were being smuggled and could find their way into Nigeria.

A member from Edo State, Mr Johnson Agbonayinma, reminded the House that the NIA had placed the Nigeria Customs Service, Standards Organisation Nigeria, and the National Agency for Food and Drug Administration and Control on alert over the development.

The House resolved to invite the agencies to appear for investigation and to speak on measures being taken on the development.

Tags: lootersNigeria AirwaysReps
ShareTweetSendShare
  • All Comments

    • All Comments
    • Positive
    • Negative
    • Neutral

Discussion about this post

Previous Post

UCL: Dortmund Thrash Atletico, Barcelona, Liverpool Win

Next Post

Suspected Killer Lekan Shonde Denies Murdering Wife

Next Post
Suspected Killer Lekan Shonde Denies Murdering Wife

Suspected Killer Lekan Shonde Denies Murdering Wife

Popular News

  • Obi Cubana: My Late Mother Has Been Appearing In My Dream Asking For Reburial – Nollywood Actor

    Obi Cubana: My Late Mother Has Been Appearing In My Dream Asking For Reburial – Nollywood Actor

    0 shares
    Share 0 Tweet 0
  • My Daughter Won’t Marry A Poor Man, Says Bill Gates

    0 shares
    Share 0 Tweet 0
  • PICTURES: 12 Most Common Cars In Nigeria

    0 shares
    Share 0 Tweet 0
  • VIDEO: Woman Paraded Naked For Allegedly Killing Husband In Anambra

    0 shares
    Share 0 Tweet 0
  • +18 SEXTAPE: Watch Viral Video Of Popular Slay Queen Making Out With Dog In Dubai

    0 shares
    Share 0 Tweet 0
ADVERTISEMENT

About Newsbreak.ng

Newsbreak.ng is a publication of Platinum Crest Communications Limited. We are a broad-spectrum source of credible, useful and timely news, features and opinions, especially as they affect Nigerians at home and in the diaspora.

Recent News

  • Iconic Encounter: Music Superstar Davido Meets Wema Bank’s New MD/CEO
  • NAFDAC Seals Contraband Tomato Paste Distribution Outlet
  • Islamic Cleric Defiles 6-year-old Pupil
  • About
  • advertise
  • Privacy & Policy

© 2013-2022 Newsbreak, a publication of Platinum Crest Communications Ltd

No Result
View All Result
  • Home
  • News
    • Breaking News
    • International
    • Education
    • Crime/Judiciary
    • Politics
  • Business
    • News
    • Economy
    • Brands and Marketing
  • Lifestyle
    • Sex
    • Events And Places
    • Fashion and Beauty
    • Health
  • Opinion
  • Love & Life
  • Sport
    • Football
    • Boxing
    • Tennis
  • Entertainment

© 2013-2022 Newsbreak, a publication of Platinum Crest Communications Ltd

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

*By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.