The Economic and Financial Crimes Commission is investigating a case of diversion of public funds totalling N35bn at the Ministry of Defence.
The money was reportedly meant for the procurement of items and equipment for the military in peace keeping missions.
According to the probe report, the EFCC has arrested a suspect, Donald Peterson, 47, who is the Managing Director of Richfield Technologies Limited, one of the companies awarded contracts by the ministry. “It also highlighted that some contractors supplied substandard materials which were accepted by the ministry but could not be utilised till date, while other contracts were terminated after full contract sums were paid to the contractors without any refunds back to the Ministry of Defence.
“Also, letters of investigation activities were written to the Abuja Geographic Information System to establish the owner of properties linked to the suspect. Also, two case files containing details on the properties have been sent to the Legal Department for final forfeiture. The suspect was invited and his confessional statement was taken under caution,” the anti-graft agency added.
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