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Rholavision Engineering Ltd, a company owned by Babachir Lawal, secretary to the government of federation (SGF), got suspicious payments of N200m from a contract he awarded for the clearing of “invasive plant species” in Yobe state.
Rholavision’s bank statements and other documents showed that Josmon Technologies Ltd, a company that got the contract from Lawal’s Presidential Initiative on Northeast (PINE) to clear grass for N248, 939, 231, made cash deposits of N10m into Lawal’s company’s account 20 times from March 29.
But a document from the Corporate Affairs Commission (CAC) showed that Lawal was a director of Rholavision until September 16, 2016 when he wrote to the commission informing it of his intention to relinquish 1, 500, 000 ordinary shares.
The senate had called for the resignation of Lawal over alleged corruption in the management of funds for internally displaced persons (IDPs) in the northeast.
PINE, which was under Lawal, could not account for N2.5bn allocated to it for the alleviation of the suffering of IDPs in the northeast.
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