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    US deficit grows to US$291 billion in July – Reports

    US deficit grows to US$291 billion in July – Reports

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    OPEC+ agrees to increase oil production for September

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    Federal Government approves 30-year concession for Enugu Airport

    Only 23% of Nigerians trust INEC- Report says

    Nationwide Voter registration begins August 18 – INEC

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    “CBN plans to shut down financial transactions” – Apex Bank warns of fake news

    CBN’s Monetary Policy Committee retains interest rate at 27.50%

    President Tinubu approves establishment of South-East Investment Company

    President Tinubu approves establishment of South-East Investment Company

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    UK tightens visa rules for care workers, skilled workers and students

    United States scraps visa dropbox service for Nigerian applicants

    President Donald Trump cancels protection for 500,000 Haitian migrants

    Spain golden visa scheme ends as Portugal and Greece demand increases

    Spain golden visa scheme ends as Portugal and Greece demand increases

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    CBN ends free ATM withdrawals for other banks’customers

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    Buhari says Nigeria security and economy improved during his tenure

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EFCC Arrested Two Chinese for Offering N100m Bribe to EFCC Top Officer

Wednesday, 13 May 2020, 10:40 am
in News, Nigeria
0
EFCC Arrested Two Chinese for Offering N100m Bribe to EFCC Top Officer
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Economic and Financial Crimes Commission (EFCC) on Tuesday, announced the arrest of two Chinese for offering N100 million bribe to its top officer. The Sokoto Zonal Office of the EFCC on Monday 11 May, arrested the two Chinese men: Mr. Meng Wei Kun and Mr. Xu Koi for offering a sum of N50,000,000 in cash as bribe to its Zonal Head, Mr. Abdullahi Lawal as a first instalment.

According to a tweet by EFCC, the bribe was allegedly offered in a desperate bid to compromise ongoing investigations of a construction company, China Zhonghao Nig. Ltd, handling of contracts awarded by the Zamfara State Government in the sum of N50,000,000,000.00 (Fifty Billion Naira) between 2012 to 2019.

The company has been under investigation by the zonal office of the Commission, in connection with the execution of contracts for the construction of township roads in Gummi, Bukkuyun, Anka and Nassarawa towns of Zamfara state. The company is also being investigated under for the construction of one hundred and sixty eight (168) solar- powered boreholes in the 14 local government areas of the state, EFCC said.

Investogist on April 20, reported that the African Development Bank Group announced the debarment of this same company, for 18 months over fraudulent practices.

  • Read also; Coronavirus Update – Russian President’s Spokesperson Test Positive; Nigeria Records 146 new cases
  • How Chinese Students and White-Collar Workers may have lost $1.3 Billion (N507bn) as Oil Price Crashed

According to EFCC, the investigation of the construction  company was informed by an intelligence on alleged conspiracy, misappropriation of public funds,  embezzlement, official corruption, abuse of office, stealing and money laundering obtained against the Zamfara state government through inflated and uncompleted  contracts awarded to the company.

The company was “alarmed by the consistency and professionalism of investigation being conducted, the company reached out to Lawal with an offer of N100,000,000 (One Hundred Million Naira) as bribe to “bury” the matter”.

“In a grand design to trap the corrupt officials, Lawal played along which led to their arrest. On Monday, two representatives of the company Meng Wei Kun and Xu Kuoi offered him cash totaling fifty million naira (N50 million) in their office along airport road, Sokoto. The cash was offered as a first instalment. The suspects were promptly arrested with the cash as an evidence” EFCC stated.

  • Read further: We Have Taken Over British Airways Ground Handling Contract – SAHCO
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According to the Commission, “Investigations into the company, have so far revealed that China Zounghao Ltd has received payments of over N41,000,000,000.00 (Forty One Billion Naira) from the Zamfara state government, out of which about N16,000,000,000.00 (Sixteen Billion Naira) equivalent to over $53,000,000.00 (Fifty Three Million US Dollars) was allegedly diverted and traced to some bureau de change operators”

The EFCC said that the suspects would soon be charged to court

Written by

Ifunanya Ikueze

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