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N670m Arms Deal: EFCC Questions Obaigbena

The Economic and Financial Crimes Commission (EFCC), has quizzed Chairman of Thisday Newspaper and President of the Newspapers Proprietors Association of Nigeria (NPAN), Nduka Obaigbena, over the N670 million he admittedly got from the arms procurement fund.

 

It would be recalled that Obaigbena had reported at the headquarters of the anti-graft agency to give answers on his role in the drama.

 

Obaigbena, in a letter sent to the anti-graft agency last December agreed that he received N670 million from the immediate past National Security Adviser (NSA), Sambo Dasuki, as compensation for the Boko Haram bombing of Thisday offices in Abuja and Kaduna.

 

Obaigbena argued that, “N120 million was given to NPAN from the money for onward sharing among 12 newspaper companies that incurred some losses as a result of solders’ action on their operations during the time.”

 

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