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Home»ACCOUNTABILITY/CORRUPTION»$418m Paris Club refund: NGF received $100m for election in 3 states – Nwodo [SEE LIST]
ACCOUNTABILITY/CORRUPTION

$418m Paris Club refund: NGF received $100m for election in 3 states – Nwodo [SEE LIST]

NewsdeskBy NewsdeskAugust 21, 2022Updated:August 21, 2022No Comments2 Mins Read
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…Governors also demanded 50% before I could be paid $350m consultancy fees

…Money owed consultants is actually $68m, not $418m

The controversy between the federal government and the Nigeria Governors’ Forum (NGF) over the $418 million Paris Club refund has raged on and the Lead Consultant at Linas International Limited, who oversaw the recovery of deductions from Paris Clubs debt buyback funds, Prince Ned Nwoko has revealed that the NGF demanded and received $100 million to prosecute elections in Ekiti, Bauchi, Ondo states.

Nwoko who was reacting to newsmen’s inquiries in Abuja on Saturday, said the recent NGF’s outburst on the matter is just mere ‘noise-making’.

Allegations and claims have trailed Nwoko and his company with demands on the payment of services fees from the state governments and local government councils in the country.

According to him, a former chairman of the Forum had informed him that the money was needed to prosecute elections in Bauchi, Ekiti and Ondo states.

The Lead Consultant also alleged that when he submitted a bill of $350 million as consultancy fee, the state governors demanded to be paid 50 percent of it before it could be honored.

He added that it took the intervention of the Federal Ministry of Justice for the governors to receive $100 million.

Nwoko further revealed that the money owed the consultants was actually $68 million and not $418 million as being peddled in the public space.

“The consultants have nothing to do with $418 million. That must be a miscalculation,” he said.

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