Former Minister to be questioned over at least five suspicious transactions during his time in office.
Former Minister to be questioned over at least five suspicious transactions during his time in office
Five of the transactions under investigation are:
1.The mysterious payment of $496 million to Global Steel Holdings Ltd (GSHL) as settlement for the termination of the Ajaokuta Steel concession nine years after the Indian company had waved all claims for compensation
2.His handling of the sale of assets worth billions of naira forfeited to the Economic and Financial Crimes Commission (EFCC) by politically exposed persons
His role in the $419 million judgment debt awarded to consultants who claimed to have facilitated the Paris Club refunds to the states
The strange agreement to pay Sunrise Power $200 million compensation in its dispute with the FG over the Mambilla power project
5.The duplicated legal fees in the transfer of $321 million Abacha loot from Switzerland to Nigeria
