Former NBC Board Members Fault EFCC on N3.4bn Fraud Allegation, say They Did no Wrong

 

The dissolved board of the National Broadcasting Commission (NBC), has distanced itself from the alleged N3.4bn fraud, which the Ecoomic and Financial Ccrimes Commission happened when they were members of the Commission.

In a letter by members of the board on Thursday, said they knew nothing about the said fraud

The letter addressed to EFCC was signed by their lawyer, Chief Ogwu Onoja (SAN).

The statement read in part, “There is and was no scam in the sum of N3.4bn or in any amount that our clients are aware of. Specifically in relation to Technology Advisors, a proposal was submitted to the NBC, which was brought up to the members of the commission for review.

“The salient aspects of the proposal referred to the then members of the commission for consideration were the assignments to be performed by Technology Advisors, and the fees, which the firm demanded. Upon review, our clients agreed that the firm should be engaged to proceed with the assignment as presented but that the fees of 20 per cent demanded should be reduced to 10 per cent.

“The NBC neither sold nor leased spectrum to MTN. Yes, MTN applied for its licence – like all other licensees. However, since it took part in the special auction process, its application was triggered by its success in making the highest bid in the sum of $171m, which the then members of the commission accepted and directed the DG of NBC to invite MTN to apply for the licence accordingly. Spectrum is only allocated post-licensing, and is meant to enable those operations for which the licensee is authorised to engage in its broadcast licence.

“The dissolution of boards of government occurred in July 2015, and the members of the commission had left office and moved on with their respective personal and official endeavours. And this occurred before any monies were paid under this transaction to any entity.

“Thus, by the time Technology Advisors or other entities were paid any fees on the project, there was legally no board or members of the commission in existence. Since that dissolution, the members of the commission ceased to have any tie to the NBC in law, and should be accorded the respect and dignity they deserve as distinguished citizens who served their country creditably and remarkably.”

The EFCC had invited members of the board, which had Emeka Mba as Director General, and EFCC said it believed that spectrum (radio frequency) was leased to MTN for a period of 10 years at the rate of $171m without an auction while 10 per cent broker fees amounting to N3.4bn was paid to Technology Advisor even before a presidential approval.

 

Author: News Editor

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