FAAN and Minister of Aviation accused of embezzlement once more
Civil society organisations have petitioned EFCC and the Special Fraud Unit (SFU) of the Nigerian Police to investigate the alleged financial mismanagement by the Federal Airport Authority of Nigeria and the Minister of Aviation. The petition states:
[An] amount which is in excess of N11 billion has been spent over different contracts awarded by the Minister of Aviation Mrs. Stella Oduah and the Managing Director of FAAN Mr. George Uriesi without following due process, no approval of the Bureau of Public Procurement (BPP), no due process certificate issued, and no federal Executive Council approval. These spending were neither budgeted nor appropriated in the 2012 Budget passed by the National Assembly, had no Federal Executive Council Approval and did not comply with the spending limits allowed by the delegated financial authority of the Government.
In particular, the MDs of FAAN, George Uriesi and Hajia Nana Aliyu, and the Minister of Aviation, Stella Oduah, have profited from the suspected large-scale embezzlement of the $76 million BASA fund.
A check confirmed that N3 Billion was used by the Minister of Aviation, Mrs. Stella Oduah, to secure a loan from Zenith Bank to buy a ship for the operations of Sea Petroleum & Gas, her company.
Read the full article here. Whatever the truth is, it’s time for the Minister of Aviation and the FAAN to account for their income and expenses.