Presidential panel uncovers billions of naira unexecuted contracts
THE search light of the presidential committee set up to probe illegal purchase of arms for the ongoing counter-terrorism war in the North East would beam on the Nigerian Navy, newsreportersng.com can now report.
The committee comprising of senior military officers said it may likely commence the probe into the activities of the Nigerian Navy from May 1, 2016.
The committee it was gathered would looking into billions of Naira budgeted and released to the force for procurement of equipment including arms and ammunition.
A key member of the committee revealed to newsreportersng.com that funds amounting to billions of Naira, earmarked for the purchase of equipment, but has not been purchased or delivered, have been traced to the Nigerian Navy, even though the source says it is not as messy as that of the Air Force and the Nigerian Army.
It was gathered that when the panel commences the probe on the Navy, past and present chiefs of naval staff, Chiefs of Training and Operations (C-TOPS), Chiefs of Policy and Plans (COPP), Chiefs of Accounts and Budgets as well as directors in the finance department to explain what they know about the purchase of arms for the counter insurgency war.
The member who spoke on condition of anonymity said that investigations showed that huge sums of money allocated to the navy for the counter insurgency operation was not accounted for.
According to the source, “the Nigerian Navy is the next service that we are going to invite concerning purchasing of arms and ammunition. I must, however, say that the amount we are investigating is little compared to that of the Air Force and the army. That is probably because Boko Haram operations is not a navy operation, but they are still involved in the arms purchase.
“Navy was given a specific amount of money but not as much as army and NAF, but we will find out what they did with that money. That is why we will invite past and present CNS, if the need arises. But we will also invite the past and present chiefs of policy and plans, chief of administrations, budgeting, departmental chiefs and anyone that has something to do with contract procurement because the navy collected money that they have not been able to account for.
“We also have instances where the navy collected money from Federal Government agencies without informing the Defence Headquarters.”