News, Politics

Senator Peter Nwaoboshi Arrested

Senator Peter Nwaoboshi, representing Delta North Senatorial District has been arrested by the Economic and Financial Crimes Commission (EFCC).

Senator Peter Nwaoboshi

However, Mr. Wilson Uwujaren, EFCC spokesperson, confirmed that the lawmaker is in the custody of the agency but failed to give details surrounding his detention.

Be that as it may, sources squealed to us that Senator Peter Nwaboshi was arrested over the purchase of a building owned by Delta State, “Guinea House” in Lagos state among other corrupt related issues.

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It would be recalled that the lawmaker from Delta State had been accused of a N1.5billion contract scam. Sources at the EFCC told us that in 2014, the lawmaker, through his company, Bilderberg Enterprises Limited, received a contract of N1.5bn to supply brand new construction equipment to the Delta State Direct Labour Agency.

But the senator allegedly supplied the state government with used goods and passed them off as new and he allegedly used part of the diverted funds to buy a 12-storey building at 27 Marina Road, Apapa, Lagos for N805million.

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Besides, the senator has also been linked to a N1.2bn bank loan scam. Insiders revealed that as a member of the board of Nexim Bank in 2014, Nwaoboshi was granted a loan of N1.2bn under the Local Industrial Growth Scheme. The money was meant for the purchase of equipment and electrical materials but the senator allegedly diverted part of the funds to acquire properties in Lagos.