‘Arms deal scandal is reportedly $15bn and not $2.1bn’ -EFCC source

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A top official in EFCC says contrary to reports, the arms deal scandal is $15 billion not $2.1billion. Daily Trust reports that the EFCC official who spoke on condition of anonymity, said the $2.1 billion that has been linked to former National Security Adviser, Sambo Dasuki, is just one transaction out of the $15 billion arms deal fraud.

“The actual amount involved in the arms deal is $15 billion. The $2.1 billion was just one transaction out of it. Majority of the companies involved in the arms deal are owned by serving military officers. They registered these companies using the names of their cronies. Despite the fact that they returned some money, we are still going to prosecute them,” he said.

Source: LIB

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