Thursday, December 20, 2007

Iyabo Obasanjo Named in N3.5bn Contract Row

THISDAY ONLINE: "Dr. Iyabo Obasanjo-Bello, daughter of former president Olusegun Obasanjo and senator representing Ogun senatorial district, has been named in a controversy surrounding N3.5billion contracts in the power sector.
In a matter which has gone before the International Court of Arbitration in Paris, France, her business partner, M. Schneider, an Austrian company, has petitioned the Presidency and the Economic and Financial Crimes Commission (EFCC) over what it called the “fraudulent, corrupt and criminal nature involving Senator (Mrs) Iyabo Obasanjo-Bello (alias Mrs Damilola Akinlawon), then serving as a Commissioner with the Ogun State Government”.
The Austrian company alleged that Iyabo Obasanjo “fraudulently” presented herself as Mrs Damilola Akinlawon while entering into contractual agreement with it to float a company which put in bids for contracts in the power projects embarked upon by the government headed by her father."