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Mesfin Tasew: Ethiopian Airlines CEO Named By EFCC In Nigeria Air N2.6 Bn Probe - Politics - Nairaland

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Mesfin Tasew: Ethiopian Airlines CEO Named By EFCC In Nigeria Air N2.6 Bn Probe by PlatinumTimes1: 9:07am On Jul 09
As part of the ongoing probe of the N2.6 billion allegedly spent on Nigeria Air, the Economic and Financial Crimes Commission (EFCC) has debriefed top officials of Ethiopian Airlines on some of its findings on the botched project.

According to a report on The Nation yesterday, during the interface, the team led by Group Chief Executive Officer of Ethiopian Airlines Mesfin Tasew claimed that the Ministry of Aviation owed them $211,000.

The team also alleged that the terms of the “pact” entered into with the Aviation Ministry during the tenure of former Minister Hadi Sirika were “brazenly breached.”

Tasew was quoted by an EFCC source as saying that “The Nigerian government lost interest in partnering with a foreign airline” because of the manner the project was handled by the ministry.

The EFCC official did not say when the Ethiopian Airlines officials visited Nigeria on the invitation of the anti-graft agency.

He, however, explained that the claim on $211,000 debt was ‘’another dimension to the probe of Nigeria Air.’’

He said: “As part of our investigation, we want to find out how about N2.6 billion was allegedly spent on the botched Air.


“So far, we were able to uncover N1,326,731,470.97 allegedly spent on a Consultancy contract for Nigeria Air. This is already an issue before a court.

“In the course of findings, our operatives also discovered that the Ministry of Aviation was indebted to Ethiopian Airlines.

‘’Some officials of Ethiopian Airlines were in the country for interaction. We debriefed them and they explained the details of the Nigeria Air project.

“They confirmed that the implementation of the agreement was faulty because the Ministry of Aviation did not keep to the terms.

“They also said the ministry owed the airlines about $211,000. We have been inviting some past and present officials on the nature of the debts.

“Our operatives are digging deeper.”

Sirika, his daughter, son-in-law- inlaw and a firm, Al Buraq Global Investment Limited, are being prosecuted by the EFCC over corrupt practices involving about N2.7 billion.

The former minister unveiled Nigeria Air on May 26, about 72 hours to the end former President Muhammadu Buhari’s tenure.

According to the agreement on Nigeria Air, Ethiopian Airlines had a 49 percent equity stake; Federal Government, five percent; and a consortium of three Nigerian investors, 46 percent .

The deal however collapsed leading to the withdrawal of Ethiopian Airlines from Nigeria Air.

EFCC investigation indicated that before the pact collapsed, about N2.6 billion was sunk into the project in alleged “questionable circumstance.”

Aviation and Aerospace Development Minister Festus Keyamo recently affirmed that Nigeria Air remained suspended.

Keyamo said: “It remains suspended. It was never Nigeria Air. It was not Nigeria Air. That’s the truth. It was only painted Nigeria Air.

“It was Ethiopian Airlines trying to fly our flag. If it is so, why not allow our local people to fly our flag? Why bring a foreigner to fly our flag? So nobody should dispute that it was Nigeria Air.

“Nigeria Air must be indigenous, must be wholly Nigerian, and must be for the full benefits of Nigeria, not that 50 percent of the profit is for another country.”
https://news360ng.com/efcc-grills-ethiopian-airlines-ceo-over-n2-6b-nigeria-air-project/

3 Likes

Re: Mesfin Tasew: Ethiopian Airlines CEO Named By EFCC In Nigeria Air N2.6 Bn Probe by Gondonu: 9:54am On Jul 09
Corruption everywhere

11 Likes

Re: Mesfin Tasew: Ethiopian Airlines CEO Named By EFCC In Nigeria Air N2.6 Bn Probe by Michael547(m): 8:18am On Jul 10
Ok oo

1 Like

Re: Mesfin Tasew: Ethiopian Airlines CEO Named By EFCC In Nigeria Air N2.6 Bn Probe by Variance234: 8:20am On Jul 10
Expected
Re: Mesfin Tasew: Ethiopian Airlines CEO Named By EFCC In Nigeria Air N2.6 Bn Probe by Haryour12(m): 8:20am On Jul 10
Wetin person wan talk sef

3 Likes

Re: Mesfin Tasew: Ethiopian Airlines CEO Named By EFCC In Nigeria Air N2.6 Bn Probe by 89green: 8:20am On Jul 10
grin no need for all this english, just go after him abeg

2 Likes

Re: Mesfin Tasew: Ethiopian Airlines CEO Named By EFCC In Nigeria Air N2.6 Bn Probe by Tetrahedron(m): 8:21am On Jul 10
grin grin grin
Rwanda duped “youkay”
Ethiopia yahoo yahoo “Nigeria”
As someone said “corruption everywhere”

2 Likes

Re: Mesfin Tasew: Ethiopian Airlines CEO Named By EFCC In Nigeria Air N2.6 Bn Probe by BigDawsNet: 8:21am On Jul 10
Just imagine say these people no tiff all dis money?


Nigeria for be like Switzerland

3 Likes

Re: Mesfin Tasew: Ethiopian Airlines CEO Named By EFCC In Nigeria Air N2.6 Bn Probe by Thegamingorca(m): 8:22am On Jul 10
Make Una go kidnap am like you did for the binance executive or nnamdi kanú
Re: Mesfin Tasew: Ethiopian Airlines CEO Named By EFCC In Nigeria Air N2.6 Bn Probe by atobs4real(m): 8:23am On Jul 10
When we are thieves and others takes advantage of our thievery

2 Likes 1 Share

Re: Mesfin Tasew: Ethiopian Airlines CEO Named By EFCC In Nigeria Air N2.6 Bn Probe by atobs4real(m): 8:23am On Jul 10
When we are thieves and others takes advantage of our thievery.
We Nigerians are best in corruption practices

2 Likes

Re: Mesfin Tasew: Ethiopian Airlines CEO Named By EFCC In Nigeria Air N2.6 Bn Probe by atobs4real(m): 8:24am On Jul 10
When we are thieves and others takes advantage of our thievery.
We Nigerians are best in corruption practices.
Grade in corruption equals A+
Re: Mesfin Tasew: Ethiopian Airlines CEO Named By EFCC In Nigeria Air N2.6 Bn Probe by 735i(m): 8:25am On Jul 10
APC stole in 8 years, what PDP couldn't steal in 16 years

Wonderful.

3 Likes

Re: Mesfin Tasew: Ethiopian Airlines CEO Named By EFCC In Nigeria Air N2.6 Bn Probe by ajalawole(m): 8:25am On Jul 10
What a country....
Re: Mesfin Tasew: Ethiopian Airlines CEO Named By EFCC In Nigeria Air N2.6 Bn Probe by Cocolatti(m): 8:25am On Jul 10
CORRUPTION is an English word but it's true meaning, practice and manifestation is in Nigeria. In other words, CORRUPTION is a Nigerian.

1 Like

Re: Mesfin Tasew: Ethiopian Airlines CEO Named By EFCC In Nigeria Air N2.6 Bn Probe by CelestineNelson: 8:26am On Jul 10
Here is why :The purported "Nigeria Air" 737-800 from a source at Addis Ababa Bole International Airport in the Ethiopian capital.

The aircraft is clearly registered to @flyethiopian with the registration number ET-APL. According to David Hundeyin

2 Likes

Re: Mesfin Tasew: Ethiopian Airlines CEO Named By EFCC In Nigeria Air N2.6 Bn Probe by LIGHTROOM: 8:26am On Jul 10
Nigeria needs deliverance

2 Likes

Re: Mesfin Tasew: Ethiopian Airlines CEO Named By EFCC In Nigeria Air N2.6 Bn Probe by Treasure17(m): 8:26am On Jul 10
Nigeria can run you mad.
Re: Mesfin Tasew: Ethiopian Airlines CEO Named By EFCC In Nigeria Air N2.6 Bn Probe by Flame333: 8:27am On Jul 10
Imagine what EFFC archive would like with criminal records and more are still coming

A nation long dead
Re: Mesfin Tasew: Ethiopian Airlines CEO Named By EFCC In Nigeria Air N2.6 Bn Probe by Goldsplash(m): 8:27am On Jul 10
The Nigerian government always makes simple things look complicated.
Akwa Ibom did it with the airline.
Dangote did it with the refinery.
Dangote and Berth Nnaji did it with power.
When it comes to the Nigerian government, everything becomes rocket science.

1 Like

Re: Mesfin Tasew: Ethiopian Airlines CEO Named By EFCC In Nigeria Air N2.6 Bn Probe by Burruchaga71(m): 8:27am On Jul 10
I blame Nigerian youths

1 Like

Re: Mesfin Tasew: Ethiopian Airlines CEO Named By EFCC In Nigeria Air N2.6 Bn Probe by TalkTalkTwins(m): 8:29am On Jul 10
hmm
Re: Mesfin Tasew: Ethiopian Airlines CEO Named By EFCC In Nigeria Air N2.6 Bn Probe by 735i(m): 8:31am On Jul 10
735i:
.

APC stole in 8 years, what PDP couldn't steal in 16 years

Wonderful...

1 Like

Re: Mesfin Tasew: Ethiopian Airlines CEO Named By EFCC In Nigeria Air N2.6 Bn Probe by Chibuzoripob: 8:31am On Jul 10
sad
Re: Mesfin Tasew: Ethiopian Airlines CEO Named By EFCC In Nigeria Air N2.6 Bn Probe by SpaceX: 8:32am On Jul 10
Everybody just dey speechless, over 1000 corruption cases all on front page in less than 2 hours just this morning.

1 Like

Re: Mesfin Tasew: Ethiopian Airlines CEO Named By EFCC In Nigeria Air N2.6 Bn Probe by 1x2x3: 8:34am On Jul 10
When we complained they will call you Children of Hate who doesn't want to see Nigeria move forward. Scam will be written all over a project, when called out una go turn am to Party and name calling.

4 Likes

Re: Mesfin Tasew: Ethiopian Airlines CEO Named By EFCC In Nigeria Air N2.6 Bn Probe by heimere758: 8:34am On Jul 10
Ok
Re: Mesfin Tasew: Ethiopian Airlines CEO Named By EFCC In Nigeria Air N2.6 Bn Probe by Chibuzoripob: 8:39am On Jul 10
Dey RAPE d TREASURY to COMATOSE sad
Re: Mesfin Tasew: Ethiopian Airlines CEO Named By EFCC In Nigeria Air N2.6 Bn Probe by NgwalandAbia(m): 8:41am On Jul 10
Story.

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