The Economic and Financial Crimes Commission (EFCC) has revealed how Peter Nwaoboshi, the senator representing Delta North, allegedly swindled the state to the tune of N1.5 billion.
The EFCC told a Federal High Court in Lagos that a Senator Nwaoboshi also laundered part of the money through a company known as Suiming Nigeria Ltd. The Nation reports that the EFCC is asking the court not to discharge an interim order made by Justice Abdullazeez Anka forfeiting a 12-storey building allegedly belonging to the senator.
According to the EFCC, part of the money was also used by the senator to acquire the property.
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Garuba Abubakar, an operative of the EFCC, said in a counter-affidavit opposing Nwaoboshi’s application, that the senator, a former chairman of the Peoples Democratic Party (PDP) in Delta, got a contract through one of his companies, Bilderberg Enterprises Limited, to supply new construction equipment to the state Direct Labour Agency at N1,580,000,000.
The EFCC said the company allegedly imported and supplied used construction equipment rather than brand new ones despite receiving full payment. With the proceeds, the EFCC said Nwaoboshi bought the 12-floor building at 29 Marine Road, Apapa, Lagos, from the Delta state government at N805 million in the name of Golden Touch Construction Projects Limited. The EFCC argued that the senator had no visible legitimate business venture to generate the amount spent to purchase the said property.
The anti-graft agency disclosed that Nwaoboshi has 20 bank accounts which he operates in Nigeria, while companies directly linked to him maintain another 20. “A criminal charge will most likely be preferred against the respondents at the conclusion of investigation. “As part of our investigation procedure, the first respondent (Nwaoboshi) will be invited very soon after having assembled all incriminating evidence against him before charging him and others to court.
“The first respondent is the alter ego of Suiming Nigeria as contained in his Asset Declaration Form. “The first respondent controls the affairs of Suiming Nigeria Limited, the second (Golden Touch Construction) and third (Bilderberg Enterprises) respondents, but deliberately hides his identity. “The purported transaction between second respondent and Suiming Electricals Limited is a transaction done by one and same person - the first respondent, which is typical of money laundering scheme. It is in the interest of justice to refuse this application,” EFCC added.