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Certified documents obtained from the Corporate Affairs Commission have shown that officials of the President Muhammadu Buhari Government may have used proxy companies to corner the much Cargo Tracking Contract, which is now a subject of bitter legal tussle.
Intriguing is the fact that they secured the contract, worth billions of Naira, without due diligence, as investigations reveal that four out of the five companies used were not registered with the Special Control Unit Against Money Laundering, SCUML of the Economic and Financial Crimes Commission EFCC’s, which tends to suggest that the government officials involved unduly influenced the Bureau of Public Procurement (BPP), whose duty it is to carry out due diligence. Only Velocity Nigeria Ltd was duly registered, according to checks. The four others companies, which were not endorsed by SCUML, as required, are Antasar Nigeria Ltd, Equal Logistics Ltd, Winslow Logistics Ltd and Sahams Crystal Investment Ltd. This was confirmed by the Economic and Financial Crimes Commission in a letter to solicitors of Donnington Nigeria Ltd, which was dated 30th March 2023. It was in response to their inquiry after they had gone to court to challenge the sham award of the said CTN Contract.
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