Reps to reopen alleged $1.348b power fraud probe (Guardian)

by Editor2
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GenCos claim non-payment since June, NBET disagrees
The House of Representatives could reopen the probe into an alleged $1.348 billion power sector fraud levelled against General Electric (GE) and Rockson Engineering Nigeria Ltd.

The issue, which has lingered for years, will not be swept under the carpet, vowed chairman of the House Committee on Power, Dan Asuquo, in an interview at the weekend.

He expressed surprise that the authorities have not yet taken action on findings by relevant committees of the previous National Assembly, insisting the legislature would push for the refund of the alleged stolen money.

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