ICPC Charges Masari, Former SMEDAN DG, To Court Over ‘N184.5m Fraud’

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Bature%20Masari ICPC Charges Masari, Former SMEDAN DG, To Court Over 'N184.5m Fraud'

The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has instituted a legal case against Bature Umar Masari, former Director-General (DG) of the Small and Medium Scale Enterprises Development Agency of Nigeria (SMEDAN), over alleged improprieties in the award of constituency project contracts.

Although the Federal Capital Territory (FCT) High Court is yet to fix a date for arraignment, the commission said on Friday that it had filed a 27-count charge bothering on money laundering and embezzlement.

Masari fraudulently awarded constituency project contracts to the tune of N184.5 million, the commission said.

According to a statement signed by the ICPC spokesperson, Mrs Rasheedat Okoduwa, the former DG awarded the specialised entrepreneurship constituency projects contracts for Benue State and allegedly received kickbacks to the tune of N99.8m between…



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