Elombah
Take a fresh look at your lifestyle.

Scandal: GM lodged N1.4b PEF funds in nine GTB personal accounts

169

The Special Presidential Investigation Panel has uncovered N1.4 billion lodged in nine account in GT Bank belonging to General Manager Operation, Petroleum Equalization Fund [PEF], Aisha Usma.

The Panel chairman of the Panel, Okoi Obono-Obla, who made this known, said that the money was paid into Mrs Usma account by yet to be named Oil and Gas Companies.

According to him, we discovered that Usma Aisha operated nine accounts in Guaranty Trust Bank with a total financial inflow of N1.4 billion.

“We found that Usman’s accounts were as a result of the payment of large sums of money by companies operating in the oil and gas industry,” he said.


© Copyright 2020 ElombahNews.

DISCLAIMER : Opinion articles are solely the responsibility of the author and does not necessarily reflect the views of the publishers of ElombahNews!
Would you like to be receiving ALL ElombahNews links ‘On The Go’ on WhatsApp Or Telegram? If yes, join us here on WhatsApp or Telegram, or provide us your Telephone number via publisher@elombah.com or sms/inbox +2349050382526 and you are good to go!
DOWNLOAD ElombahNews mobile app here
Send eyewitness accounts/ reports/ articles  to publisher@elombah.com; follow us on twitter @ElombahNews; like our Facebook page ElombahNews 

For adverts & inquiries, call +447460770987, +2349050382526

Comments are closed.