Amaechi, Adeosun shun Reps over N1trn failed rail contracts

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The Minister of Transport, Mr. Rotimi Amaechi and his Finance counterpart, Mrs. Kemi Adeosun, on Tues­day shunned the House of Rep­resentatives’ investigative hear­ing on the N1 trillion failed rail contracts.
Also expected at the hearing but failed to appear, were the for­mer Chairman of the Econom­ic and Financial Crimes Com­mission (EFCC), Farida Waziri, ex-chairmen of the Subsidy Re­investment and Empowerment Programme (SURE-P), Gen. Martin Agwai and Dr. Christo­pher Kolade.
Angry with the huge amount of money involved in the con­tracts, the Chairman of the Ad-hoc Committee probing the deals, Hon. Johnson Agbaonay­inma, vowed that those found wanting in the contracts between 2010 and 2014 will be exposed.
He said: “In spite the chal­lenges faced by the committee, we are determined to fulfil the mandate given to us. Nigerians must know how their money was spent in the rail sector. I make bold to say that anyone found wanting will be exposed.
“We are in an era of ac­countability. Nigerians deserve to know how their monies (bil­lions of dollars were spent); they also wish to know if contracts are awarded through the laid down guidelines of due process. When monies are expended on contracts, it is our duty to ensure that the jobs are implemented as specified in the contract agree­ment,” he said.
Defending how N77 billion was disbursed to contractors in­volved in all the rail projects, the Convener of Presidential Com­mittee on Rail under SURE-P, Mazi Sam Ohuanbuwa, said that the amount involved was N73.08 billion and not N77 billion.
He said: “I’m proud to say that we carried out all our as­signments well as we verified all payments and projects nation­wide,” adding that SURE-P was not party to the award of railway contracts.
He explained that a total sum of N73 billion was expended on various railway projects between June 2012 and March 2014 when the tenure of the intervention outfit ended.
Ohuanbuwa said that of the N32 billion budgeted in 2012, the sum of N11. 8billion was spent to rehabilitate the railways in the country.
He disclosed that details of the payment receipts were dom­iciled on the budget office, add­ing that the sum of N27 billion out of N77.2 billion budgeted in 2013 was expended, in addition to the sum of N34 billion out of the budgeted N43 billion spent in 2014.
Ohunbuawa’s predecessor, Dr Chike Okongwu, corrobo­rated the position of his succes­sor, saying: “I’m proud to have served in that committee be­cause we went the extra mile to ensure that due process was fol­lowed.”
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