Senate Probes Missing $27m From Sales Of Foreign Properties

[Shola Sholaz]

The Senate on Thursday began investigation into alleged disappearance of 27 million dollars proceeds from the sales of Nigerian properties in New York.
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Two former Nigeria ambassadors and the incumbent appeared before the Senate Committee on Foreign Affairs in Abuja.
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They are: Dr George Obiozor (2004 to 2006); Prof. Joy Ogwu (2006 to 2007), and the incumbent Mr Ade Adefuye, who assumed duty in March 2010.
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The probe followed a petition by Transform Nigeria Citizen Initiative, a non-governmental organisation, over alleged misappropriation of funds by the officials of the Nigerian embassy in Washington D.C.
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The petition was signed by one Mr Daniel Elombah.
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Elombah had urged the Senate to investigate why the proceeds from the sale of some Nigerian government properties in the US between 2004 and 2007 were not accounted for.