These 54 persons are to be investigated for their roles in the arms scandals that saw billions of dollars meant for the procurement of arms for the Nigerian military for the prosecution of the war against Boko Haram diverted to private pockets.
Excerpts from the report given by Chairman of the Presidential Committee on the Audit of Defence Equipment Procurement in the Armed Forces reads;
“As an example, three contracts with a total value of N5,940,000,000.00 were awarded to DYI Global Services Ltd. and Doiyatec Comms Nigeria Limited (owned by the same individuals) for the procurement of military hardware including 20 units of KM-38 Twin Hull Boats and six units of 4X4 Ambulances fitted with radios.
The committee found that the two companies collected N5,103,500,000.00, representing 86 per cent of the total value of the three contracts worth N5,940,000,000.00, but only performed to the tune of N2,992,183,705.31.
‘’In this regard, a review of the procurement carried out by Chok Ventures Ltd. and Integrated Equipment Services Ltd. established that between March 2011 and December 2013, the two companies exclusively procured various types of Toyota and Mitsubishi vehicles worth over N3bn for the Nigerian Army without any competitive bidding.
‘’Though the committee found no credible evidence of delivery of the vehicles, the vendors were fully paid based on job completion certificate authenticated by the then Chief of Logistics. Also, the analysis of the various bank accounts of the two companies showed transfers to individuals related to then Chief of Army Staff.”
The committee also found that a contract worth N169, 916,849.77 for the procurement of 53 Armoured Vehicles Spare Parts, with 90 days completion time, had yet to be completed five years after.
With respect to contracts awarded directly by the Nigerian Army, the Committee found that many of the contracts were characterised by lack of due process, in breach of extant procurement regulations and tainted by corrupt practices.
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