The Economic and Financial Crimes Commission (EFCC) has arraigned ex-Minister of State for Power, Mohammed Wakil, over Power Holding Company of Nigeria
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Muhammed Wakil, a former Minister of State for power in the country, is to be remanded in prison custody till March 31, 2021, over his alleged involvement in the mismanagement of the N27 billion set aside for the payment of the retirement benefits to staff of the defunct Power Holding Company of Nigeria, PHCN.
The Economic and Financial Crimes Commission (EFCC), on Monday, slammed him with a two-count charge bordering on corruption and abuse of office.
Wakil was brought before Justice S.B. Belgore of the Federal Capital Territory High Court, Apo, Abuja, alongside two companies; Corozzeria Nigeria Limited and Pikat Properties Nigeria Limited, for allegedly receiving N148 million as gratification from Bestworth Insurance Brokers Limited out of the N27.1 billion approved outstanding insurance premiums and claims of deceased and incapacitated staff of the defunct PHCN.
EFCC arraigns ex-Nigerian minister on N148 million corruption charges premiumtimesng.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from premiumtimesng.com Daily Mail and Mail on Sunday newspapers.
Ex-BPE boss Dikki arraigned for N1bn PHCN severance benefit scam
Adelani Adepegba, Abuja
The Economic and Financial Crimes Commission on Monday arraigned a former Director-General of the Bureau of Public Enterprises, Benjamin Dikki, before Justice Yusuf Halilu of the Federal Capital Territory High Court, Abuja, on four counts of alleged corruption and abuse of office.
Dikki who was arraigned alongside his company, Kebna Studios & Communications Limited, allegedly received about N1 billion bribe from Bestworth Insurance Brokers for his role in facilitating the approval of outstanding insurance premiums and claims of deceased and incapacitated staff of the defunct Power Holding Company of Nigeria.
Alleged Corruption: EFCC Arraigns Former Bureau of Public Enterprises DG channelstv.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from channelstv.com Daily Mail and Mail on Sunday newspapers.