{"id":98304,"date":"2022-08-18T15:36:13","date_gmt":"2022-08-18T14:36:13","guid":{"rendered":"http:\/\/pointblanknews.com\/pbn\/?p=98304"},"modified":"2022-08-18T15:36:13","modified_gmt":"2022-08-18T14:36:13","slug":"n18-9bn-bush-clearing-contracts-reps-cttee-probes-identities-of-contractors-writes-cac-firs","status":"publish","type":"post","link":"https:\/\/pointblanknews.com\/pbn\/news\/n18-9bn-bush-clearing-contracts-reps-cttee-probes-identities-of-contractors-writes-cac-firs\/","title":{"rendered":"N18.9bn bush-clearing contracts: Reps C\u2019ttee probes identities of contractors, writes CAC, FIRS"},"content":{"rendered":"<div dir=\"auto\">The Public Accounts Committee of the House of Representatives, PAC, on Wednesday, resolved to unmask the real identities of the owners of the Companies which took contracts valued at the sum of N18.9bn from the Federal Ministry of Agriculture and Rural Development for clearing of bushes, land preparation, rehabilitation of soil plant lab and others during the last COVID-19 lockdown of the country<\/p>\n<p>The resolution followed the appearance of representatives of two of the 20 affected companies at the resumed investigative hearing of the committee on queries to Ministries, Departments and Agencies, MDAs, of the federal government by the office of Auditor General of the Federation<\/p>\n<p>The affected companies are Easy Construction Company LTD and NUKAAG VENTURES LTD respectfully while the remaining 18 Companies failed to show up<\/p>\n<p>The Committee being chaired by Hon Woke Oke (PDP- OSUN) said that the two representatives of the Companies (Johnson Philip and Taiwo Idowu), were of the manageral cadre and as such not competent to appear before the Committee going by the rules of the House<\/p>\n<p>Responding to a question posed by the Chairman of the Committee on whether they were familiar with the documents submitted to the Committee on the award and execution of the contractors so as not to mislead it, they both said no<\/p>\n<p>Consequently, the Committee directed the duo to leave immediately and directed that the Managing Directors or Chairmen of the companies should personally appear before it and speak to the submission before the Committee.<\/p>\n<p>In addition, Hon Oke directed the Clerk of the Committee to write to the Registrar of the Corporate Affairs Commission, CAC to furnish the Committee the detail information of the affected 20 companies, including year of incorporation, Corporate offices, names of the owners, shareholders amongst others<\/p>\n<p>According to him, \u201cwe are not concerned about who won the contracts, what we are after is to determine value of money paid out and the sites of the projects, and we will carry that mission to the letter.<\/p>\n<p>\u201cThe Clerk should also write the Federal Inland Revenue Services, FIRS, to furnish the Committee about the financial status of the Companies.\u201d<\/p>\n<p>Hon Oke assured stakeholders that the Committee would carry out diligent investigation into the matter as it was interested in finding out the location of the projects and the significance of such projects to the country.<\/p>\n<div class=\"yj6qo\"><\/div>\n<div class=\"adL\"><\/div>\n<\/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 Public Accounts Committee of the House of Representatives, PAC, on Wednesday, resolved to unmask the real identities of the owners of the Companies which took contracts valued at the&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":92616,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[5],"tags":[],"class_list":["post-98304","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.8 - 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