News Blog NG

For 24/7 informative news, reporting, and current affairs blog

30% Discount Sales of Medici Terrace By Sujimoto Fully Furnished Luxury 4-Bedroom


Monday, December 18, 2017

David Mark to account for N5.4bn

Former Senate President, David Mark will today, Monday, account for over N5.4billion slush cash and campaign funds traced to him.

According to an Economic and Financial Crimes Commission (EFCC) operative, who asked not to be named due to the sensitive nature of the issue, Mark is also expected to respond to issues raised in the Panama Papers bordering on his relationship with some oil firms.

He is to answer questions on the following issues: N550m arms procurement cash; N2.9billion curious payment into National Assembly’s account, which was shared to Senators during his tenure; and his role in the N2billion campaign funds meant for Benue State.

“There is also Mark’s alleged links with eight offshore oil companies by #Panama Papers in flagrant violation of the code of conduct for public officers.

“The firms were allegedly used to launder money, evade tax and dodge sanctions,” the source said.

However Mark insisted yesterday that no 2015 presidential election campaign fund for Benue State was given to him.

Mark had requested to be allowed to travel home to Otukpo, Benue State, after his preliminary grilling at the EFCC office on Thursday, to fetch documents to exonerate himself from the allegations.

No comments:

Post a Comment

Share Your Views and Comment on This Post, Thanks.

Featured Post

WORLD CUP PROMO: Get a 15% Discount with a Spread Balance of 36 months in any of our Solar Power Package.

Capture all Your World Cup Moments with 24 hrs Power! Catch the Excitement in the air! Capture those thrilling World Cup moments in Ru...