ICPC files fresh charges of N184.5 billion contract fraud against Bature Masari
– N184.5m contract ‘fraud:’ICPC files charges against Masari
– ICPC files fresh charges of N184.5 billion contract fraud against Bature Masari
The Independent Corrupt Practices and Other Related Offences Commission (ICPC), has filed a 27- count charge before an FCT High Court against a former Director-General of Small and Medium Scale Enterprises Development Agency of Nigeria (SMEDAN)Alhaji Bature Umar Masari.
He is accused of fraudulent award of constituency projects contracts worth N184.5m.
Masari allegedly awarded the specialized entrepreneurship constituency projects contracts for Benue State. and received kickbacks to the tune of N99.8m between 30th April 2014 and 24th December 2014 from various contractors.
In one of the charges, Masari was alleged to have received N50m in November 2014 from one of the contractors and distributed part of the sum to some other persons.
ICPC alleged that the ex-SMEDAN boss committed an offence contrary to Section 10(a)(i) and punishable under Section 10(a)(ii) of the Corrupt Practices and Other Related Offences Act 2000.
Additional charges against Masari are that he allegedly received various other sums from different contractors.
All payments from the contractors were made to the personal account of Alhaji Masari.
The Court has not fixed a date for the arraignment of the former Director-General.
Acting on a petition, the ICPC in December 2017 arrested Masari for questioning. He has been on administrative bail in the last five months.