FG Interrogates Udoma, Enelamah Over Alleged $2bn Fraud
Former Ministers, Udoma Udo Udoma and Okechukwu Enelamah, are under investigation for their alleged involvement in a deal that made 65,000 Nigerian shareholders lose $2 billion in shares while Udoma was Minister of Budget and National Planning and Enemalah Minister of Trade and Investment.
The legal representative of the whistle-blower, Chukwuemeka Obasi made this known to journalists in Abuja.
Obasi said Emeka Emuwa, general managing director of Union Bank Nig Plc, was also questioned.
According to him, the various representatives of all private and public institutions linked with the fraud were also invited and quizzed.
Obasi said the establishments mentioned in the petition included the Chapel Hill, National Security Exchange (NSE), Security Exchange Commission (SEC) and the Central Bank of Nigeria (CBN).
The interrogation hinged on a petition reporting the alleged fraud submitted to Abubakar Malami, the attorney-general of the federation, on April 3.
The petition is titled ‘Official corruption, misuse of FGN USD two billion, fraud and unjust enrichment of persons who dispossessed more than 65,000 Nigerians and conferred ownership of the Bank on few Nigerians and their foreign accomplices’.