Senate hearings:Jimoh bought NICON with fake MOU

Started by DT, Aug 15, 2011, 03:02 PM

DT

Business mogul Barrister Jimoh Ibrahim forged documents and a Memorandum of Understanding (MOU) which he used to acquire 70 percent majority shares in National Insurance Company of Nigeria (NICON), the Senate ad-hoc committee investigating the government's privatisation and commercialization for public enterprises was told yesterday.  

DailyTrust