Arms Deal Worth $2.1 Billion

By: Dayo Fasasi

The Economic and Financial Crimes Commission (EFCC) has summoned the CEO of Thisday Newspaper to surrender himself for interrogation and clarification in respect to arms money.

Photo Credit: www.broadwayafrica.com
Photo Credit: http://www.broadwayafrica.com

Thisday Newspapers Chief Executive Officer, Nduka Obaigbena, has been linked as one of the major beneficiaries of the $2.1 billion arms deal, allegedly diverted by the office of the former National Security Adviser (NSA), Sambo Dasuki.

Obaigbena, admitted collecting N550 million from the NSA as compensation for the bombing of the Thisday building in Abuja by deadly Boko Haram.

A veteran journalist at Thisday also revealed that another N120 million was received on behalf of the Newspaper Proprietors Association of Nigeria (NPAN), where Obaigbena is President, as compensation for media houses whose publications were seized by the Army in June 2014.

As of Tuesday morning at 10 am, Obaigbena surrendered to the EFCC Headquarters. It is unknown if he is still being held.

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