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Senate indicts AG over failure to recover N910b short-term loan to MDAs -

N87bn fraud rocks construction of Okerenkoko Maritime University

N87bn fraud rocks construction of Okerenkoko Maritime University On As Senate Panel Sustains Indictment Report By Henry Umoru THE construction of Maritime University, Okerenkoko, Delta State, has been hit with an N87 billion fraud, as officials of Nigerian Maritime Administration and Safety Agency (NIMASA) paid for contracts not executed. Consequently, the office of the Auditor General of the Federation, not comfortable with the fraud following the construction of the University, recommended some of the officials of NIMASA for Investigation by the Economic and Financial Crimes Commission (EFCC). Series of invitations extended to the leadership of NIMASA by Senator Matthew Urhoghide (PDP, Edo South) led Senate Committee on Public Accounts to defend the 2015 indictment report of the Auditor General were not honoured by the agency.

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