{"id":59787,"date":"2017-10-04T18:44:07","date_gmt":"2017-10-04T17:44:07","guid":{"rendered":"http:\/\/pointblanknews.com\/pbn\/?p=59787"},"modified":"2017-10-04T18:44:07","modified_gmt":"2017-10-04T17:44:07","slug":"26billion-contract-fraud-senate-investigates-kachikwus-allegations-baru","status":"publish","type":"post","link":"https:\/\/pointblanknews.com\/pbn\/exclusive\/26billion-contract-fraud-senate-investigates-kachikwus-allegations-baru\/","title":{"rendered":"$26billion Contract Fraud: Senate Investigates Kachikwu&#8217;s Allegations Against Baru"},"content":{"rendered":"<div id=\"m_4940004745548393060yui_3_16_0_ym19_1_1507134730757_5278\"><\/div>\n<div id=\"m_4940004745548393060yui_3_16_0_ym19_1_1507134730757_5278\">The Senate has constituted a Probe panel to investigate the Group Managing Director, Nigeria National petroleum Corporation, NNPC, Dr. Maikanti Baru over the award of over $26billion contracts without due processes.<\/div>\n<div id=\"m_4940004745548393060yui_3_16_0_ym19_1_1507134730757_5329\" dir=\"ltr\">Minister for State, petroleum, Dr. Ibe Kachikwu had in a letter to President Mohammadu Buhari alleged that the NNPC GMD awarded series of contracts totaling over $26billion in flagrant disobedient to laid down laws.<\/div>\n<div id=\"m_4940004745548393060yui_3_16_0_ym19_1_1507134730757_5329\" dir=\"ltr\">Kachikwu also accused Baru of insubordination and humiliation in the confidential letter to the President which has already gone viral.<\/div>\n<div id=\"m_4940004745548393060yui_3_16_0_ym19_1_1507134730757_5329\" dir=\"ltr\">While announcing the composition of the committee during plenary, headed by Senator Aliyu Wamakko, the Senate President, Bukola Saraki said the contents of the letter, reportedly written to President Muhammadu Buhari by Kachikwu, must be investigated.<\/div>\n<div id=\"m_4940004745548393060yui_3_16_0_ym19_1_1507134730757_5331\">The committee is also expected to probe another claim that the Baru singlehandedly awarded a contract to a company, worth billions of dollars, despite its lack of capacity to handle such.<\/div>\n<div id=\"m_4940004745548393060yui_3_16_0_ym19_1_1507134730757_5332\" dir=\"ltr\">The panel, will among other issues also investigate the policy introduced by the NNPC Trading Limited, a subsidiary of the state oil corporation.<\/div>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content --><!-- AddThis Related Posts generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>The Senate has constituted a Probe panel to investigate the Group Managing Director, Nigeria National petroleum Corporation, NNPC, Dr. Maikanti Baru over the award of over $26billion contracts without due&hellip;<!-- AddThis Advanced Settings generic via filter on wp_trim_excerpt --><!-- AddThis Share Buttons generic via filter on wp_trim_excerpt --><!-- AddThis Related Posts generic via filter on wp_trim_excerpt --><\/p>\n","protected":false},"author":1,"featured_media":56785,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[17],"tags":[],"class_list":["post-59787","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-exclusive"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.8 - 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