YISAU NEWS UPDATE; The Senate on Thursday began an inquest into the alleged mismanagement of over $27m proceeds from the sale of Federal Government properties by officials of the Nigerian Embassy in the United States of America. This follows a petition to the President of the Senate, David Mark, by a non-governmental organisation, Transform Nigeria Movement, praying the Senate to conduct an investigation and make its findings known to the public. The petition, which was signed by Mr. Daniel Elombah, stated that between 2004 and 2007, the Nigerian Embassy sold four prime properties of the Federal Government located in Washington DC and Maryland. The petitioner alleged that the embassy also commenced the sale of other properties in San Francisco, California within the period. Elombah stated in the petition, “Out of those sales, Nigeria realised the sum of approximately $27m. All funds realised from these sales, except those set aside as fees, were remitted to the Embassy of Nigeria in Washington DC. “As of June 2007, when the law firm that advised the embassy on the sale of the properties met with embassy officials at the embassy premises in Washington, all these funds and transactions were duly confirmed.” Stay tuned
Posted on: Fri, 28 Jun 2013 07:54:57 +0000
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