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Reps Push For Refund Of $1.348bn Paid GE, Rockson For Power Projects - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / Reps Push For Refund Of $1.348bn Paid GE, Rockson For Power Projects (337 Views)

35 Reps Push For Six-Year Tenure For President, Rotation Among Zones, Others / 12 States Plan Power Projects, Anger Spreads Over Tariff Hike / FG Disburses ₦123.348bn Grants To States. Bayelsa, Imo, Rivers, Zamfara Get Zero (2) (3) (4)

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Reps Push For Refund Of $1.348bn Paid GE, Rockson For Power Projects by Yeskem: 9:47pm On Nov 04, 2018
The National Assembly has prioritized the probe of an alleged $1.348bn power sector fraud leveled against General Electric (GE) and Rockson Engineering by ten Civil Society Organisations (CSOs).

This is as the chairman of the House of Representatives on Power, Rep. Dan Asuquo stated the likelihood of pushing for a refund of money the country was allegedly defrauded of.

The Civil Society Organisations in a petition dated 26th September, 2018 and received in the office of the Acting Chairman EFCC, Ibrahim Magu on the 27th September, 2018 listed alleged infractions by the two firms.

The CSOs include: Guardians of Democracy and Development , Civil Society Group for Accountability, Empowerment For Unemployed Youth Initiative and Probity, Transparency Advocacy Development Initiative, Economic Development, Citizens Alert for Development, Initiative for Leadership and others.

The CSOs alleged that GE and Rockson Engineering, “defrauded Nigeria of $1.348 billion over and above the standard international price of single cycle GE frame 9 turbines and caused the country the loss of 1349MW of electric power to the National grid for a period over 6 years…”

read more @: https://frontlinenews.com.ng/reps-push-for-refund-of-1-348bn-paid-ge-rockson-for-power-projects/

Re: Reps Push For Refund Of $1.348bn Paid GE, Rockson For Power Projects by rusher14: 9:50pm On Nov 04, 2018
Dem wan leak atiku yansh be that.
Re: Reps Push For Refund Of $1.348bn Paid GE, Rockson For Power Projects by princemillla(m): 10:20pm On Nov 04, 2018
Heads will surely rolls cry?
Re: Reps Push For Refund Of $1.348bn Paid GE, Rockson For Power Projects by seanfer(m): 10:26pm On Nov 04, 2018
Is the Money Paet of the $16billion that was used for Dinner by Atiku and Co?

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