Albarka Airlines payments under investigation

Eleanor Steed
By Eleanor Steed October 31, 2016 12:51

Albarka Airlines payments under investigation

The Nigerian Senate is currently probing the payment of over N20bn “debts” to some Federal Government contractors between 2015 and 2016, reports a local newspaper claiming sight of official documents. One of the beneficiaries was Albarka Airlines, grounded by the Nigerian Civil Aviation Authority in December 2005, which was paid about N1bn in two installments in 2015.

A document issued to the Senate Committee on Local and Foreign Debts by the Debt Management Office showed that about N5,257,499,860 was paid to various contractors in 2015, out of which over N3.3bn was given to various contractors in the last week of the Goodluck Jonathan-led administration.

The airline was on July 9, 2015, paid NN450m, the purpose “being the second installment of the compensation. Again on July 31, 2015, it was paid N571.5m being the third installment of the compensation of the approved sum of N1,893,025,000.

Eleanor Steed
By Eleanor Steed October 31, 2016 12:51