In what appears like a thief accusing another of dishonesty, embattled convicted financial crimes kingpin, Chief Emmanuel Nwude, has alleged in a petition to the Attorney-General of the Federation, Chief Michael Kaase Aondoakaa, that the anti-graft commission short-changed him in a plea bargain entered into, over a $120 million suit with a Brazilian businessman in November 2005.
According to the petition dated September 10, 2007, filed by a law firm, Egbene Chambers of Okey Okoye Associates in Lagos, the EFCC altered the original sum of $80 million to $120 million, and compelled the said Chief Nwude to sign, accepting the changes, even as it went ahead to sell off his assets and property in order to meet up the plea sum.
They argued that the anti-graft commission kept the processes of the disposal of the assets secretive, and failed to render accounts of what was realised from the sales to the embattled Nwude, even as it continued to prefer multiple charges against him, ostensibly to subdue any possible query from him.
The seven-page petition, signed by Okey Okoye, a principal counsel in the law chambers, also alleged amongst other things that, at the time Chief Nwude’s assets were being disposed by the EFCC, there were higher offers for some of the property, but the EFCC ignored such offers and went ahead to sell off the assets at ridiculously low prices.
It cited the sale of Russell Centre in Abuja, in which Obat Oil offered to buy at N3.2 billion as against an offer of N3.3 billion from one Chief Uba, stressing that the property was eventually sold at N2.3 billion to the same Obat Oil, less by about N900,000,000 from the original deal. Full Story
No comments:
Post a Comment