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Nigeria: A Corrupted Report


For all practical purposes, every bit of the EFCC report on the PTDF affair is what the Ndoma Egba report is exactly about. Going carefully through it, you are left in no doubt that the Committee relied on the Commission’s submission to draw its conclusions, leaving all other evidences at its disposal. Indeed, it doesn’t even pretend about this.

So, let us isolate the EFCC submission for critical analysis subjecting it to its own evidences and conclusions, and, in doing so, deal first with the issue of PTDF placements in Trans International Bank, TIB, since it is central to the matter, of course, Mofas excluded.

The summary is as follows:

a. That PTDF on July, 16, 2003, placed USD10 million {about N1.28 billion} in the Bank.

b. That, on December 24 of the same year, it placed an additional USD20 million (about 2.56 billion)

More : allafrica.com



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