Nigcomsat Accounts

Nigcomsat Accounts

Reps uncover loopholes in NIGCOMSAT accounts, say management incompetent

19.2.2020

Reps uncover loopholes in NIGCOMSAT accounts, say management incompetent

The Chairman of the House Committee on Finance, Mr James Falake, gave the verdict at an investigative hearing in Abuja on Monday, when the management of NIGCOMSAT, led by its Managing Director, Abimbola Alale, appeared before it.The committee also criticised Alale and the General Manager of Finance, Mr Adamu Idris, for failing to provide satisfactory answers to most of the questions put to them.

Faleke, who later spoke to journalists, said that the company would be placed on status enquiry to determine its financial status.

Read more: The Punch Newspapers

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