Monday, 11 January 2016

EFCC arrests NBC Director-General Emeka Mba

The Economic and Financial Crimes Commission (EFCC) has picked up the Director-General of the Nigeria Broadcasting Commission (NBC), Emeka Mba.Reports just reaching us say Mba was arrested on Monday morning over an alleged
N15bn fraud.

Sources at the anti-graft agency have detailed that the NBC has been under the radar of the EFCC for quite some time now. Only last week, detectives stormed the headquarters of the NBC, turning files and computer software over.

A few of the NBC officials interrogated during the raid, implicated Mba in their confessional statements.

Mr. Emeka Mba is best remembered for auctioning Nigeria’s 700MHz spectrum band to mobile telephony firm, MTN, in a deal that industry experts decried as having fraud written all over it.

The Nigeria Communications Commission (NCC) has said the spectrum band shouldn’t have been sold to MTN.

The band spectrum was given away to MTN at N34bn


SOURCE

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