SEC DG ACCUSES HOUSE OF DEMANDING #44MILLION NAIRA BRIBE
3/16/2012 12:22:50 AM -
Battle lines have now been drawn and it's definitely going to be a battle of the titans. It's like it would now be an out out war between the embattled Director General of the Securities and Exchange Commission- Ms.Arunma Oteh and members of the National Assembly (House of Representatives) who were supposed to be investigating her for alleged financial malpractices.
Its either her accusation is true and can be verified or it’s a very smart away to help divert attention away from herself. The SEC's DG has come out to say that the House of Representatives members have asked her for a whopping #44Million Naira bribe, the said bribe was supposed to have been paid to the committee investigating her alleged financial recklessness through its chairman- Hernan Hembe. The breakdown of what the #44 Million would have represented is as follows #39 Million Naira- would have been the cost of the ongoing public hearing- meaning she was supposed to bear the cost of her own investigation and the remaining #5 Million would have been for sponsoring of foreign trips to the Dominican Republic for members of the committee and it would have included their estacodes.
Just before this turn of event, the gorgeous Ms. Oteh had been accused of spending money has if it were going out of fashion, over #30 plus Million was alleged said to have been paid on hotel accommodation in just 8 Months, her suite is said to have been at #120,000 per night, that amount plus other expenses incurred at the hotel came up to the alleged 30,510,100 Million Naira.
How the whole brouhaha would turn out is something we all are eagerly awaiting. Let's see if we would hear of a vehement denial by either the committee members or by the chairman of the committee itself- Mr. Hernan Hembe.
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SEC boss, Arunma Oteh, spent N850,000 on food a day - Reps