Saturday 30 April 2016

EFCC Traces N3.6bn Aviation Fund To Stella Oduah

The Economic and Financial Crimes Commission (EFCC) has traced N3.6b in stolen funds to former Minister of Aviation Stella Oduah.

Oduah, who is now a serving senator, recently obtained an interim injunction preventing the EFCC from investigating, arresting, questioning, or prosecuting her.
The injunction which was granted her by Justice Mohammed Yunusa of the Federal High Court in Lagos was later dismissed by Justice Okon Abang of a Federal High Court in Lagos in February, allowing the EFCC to commence the investigations into the N255m scandal.
According to EFCC sources, while Oduah served as a Minister of Aviation and secured several multi-billion naira contracts to upgrade Nigeria’s 22 airports, much of the said money allegedly ended in the minister’s pockets and that the program’s progress that she touted was grossly overstated.
The EFCC sources further alleged that out of the 192 contracts awarded in the second phase of the program, only six were completed.


- Leadership 

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