The decision of the House followed a motion sponsored by Rep. Ifeanyi Chudi Momah informing the House that the government was planning to divert the money to three critical projects for which provisions has already been made by the Sovereign Wealth Fund Authority.
The House has therefore directed it is standing committee on Works to ensure that those 3 projects are not used as conduit pipe to short-change Nigerians again and report back its findings to House in 4 weeks time. He said ‘the looted funds of Abacha that are supposed to be repatriated have now been projected to be used most of these projects even when funding has never been the issue”.
Momah alleged that there was the possibility that the contract for the second Niger bridge was inflated and not awarded through open competitive bidding in accordance with the Public Procurement Act.
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