N1.45bn scandal rocks BPE

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A row has broken out in the Bureau of Public Enterprises (BPE) over the payment of N1.45billion legal and consultancy fees by the management.
A lawyer got paid N950 million for the liquidation of the Power Holding Company of Nigeria (PHCN) when the company had ceased to exist and the Office of the Accountant-General of the Federation got N500 million for consultancy.
The fees were reportedly paid contrary to the advice of the immediate past Attorney-General of the Federation, Mohammed Bello Adoke (SAN) and the Bureau of Public Procurement (BPP).
Also, top directors of the BPE have been implicated in a job …Read More

Source:: New Mail