Revealed Facts on SGF, Babachir Lawal’s mismanagement of N’East funds

By Our Correspondent
Facts have emerged detailing how the Secretary to the Government of the Federation, Mr. Babachir David Lawal mismanaged funds earmarked for the rehabilitation of the war ravaged North East.
This is sequel to the order, which have been given by President Muhammadu Buhari to relevant agencies to commence investigation into the activities of Lawal and some other government officials who have been similarly accused of graft.
In all, Lawal is said to have mismanaged over N5b meant for the welfare and upkeep of internally displaced people in the North Estern corner of the country.
Listed as prime suspects in the sleeze that occured in the office of the SGF are Rholavision Engineering, a company said to be owned by the embattled SGF as well as JOSMON TECHNOLOGIES.
According to government sources who spoke BLACKFACE over the weekend, Rholavision Engineering Ltd is prime suspect have fronted for Lawal in all his underhand dealings.
The source stated that Rholavision got N200m kickback from a contract the SGF awarded for the clearing of “invasive plant species” (GRASS) in Yobe state and have also played some roles in facilitating receipt of kickbacks from companies that secured contracts from the office of the SGF between May last year and October this year/
“JOSMON TECHNOLOGIES LTD got the contract from Lawal’s Presidential Initiative on Northeast (PINE) to clear grass for N248, 939, 231. PINE, which was under SGF Lawal, could not account for N2.5bn allocated to it for the alleviation of the suffering of IDPs in the northeast.” The source stated.
The source who spoke on the condition of anonymity added that “JOSMON TECHNOLOGIES LTD made cash deposits of N10 million into Lawal’s company’s (Rholavision Engineering Ltd) account 20 times from March 29, making N200m.
“Lawal awarded the contract to Josmon Technologies on March 8. And the company made the cash deposits until September when he resigned from Rholavision.”
He (the source) also faulted the claims by the SGF that he resigned from his company on August 15, 2015, and as a result was not a party to whatever business it contracted, saying the documents from the Corporate Affairs Commission (CAC) showed that the SGF 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.”

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