JUST IN: EFCC Arrests, Detains Former Speaker, Patricia Etteh, over N240m Contract Scam
The Economic and Financial Crimes Commission (EFCC) has arrested a former Speaker of the House of Representatives, Patricia Etteh, over a shady contract worth N240m awarded by the Niger Delta Development Commission (NDDC) in 2011.
Etteh, who was at the Abuja office of the EFCC on Tuesday, will according to sources pass the night in the headquarters of the Commission.
The former speaker was accused of receiving N130m through her personal account from Phil Jin Project Limited, a firm which was awarded a N240m contract by the NDDC in 2011.
EFCC investigators are according to sources asking the former Speaker to explain why the firm transferred N130m to her out of the contract money.
The contract was for the supply of solar powered street lights in some communities in Akwa Ibom.
“Shortly after the contract was awarded, the firm got N34m as an initial sum. Two weeks later, they received N253m, a total of N287m. This is despite the fact that the contract itself was worth N240m,” one of the sources said.
Etteh, who represented the Ayedaade/Isokan/Irewole Constituency of Osun State from 1999 to 2011, was the first woman to serve as Speaker of the House of Representatives. She was on the verge of being impeached before she resigned and was replaced by Dimeji Bankole.