Senate Alleges Multi-Billion Naira Fraud In NTA
August 21, 2020
3:38 pm
The Nigerian Senate Joint Committee on Finance and National Planning which is currently discussing 2021-2023 MTEF-FSP have discovered financial fraud running into billions of naira in the Joint Venture arrangement between State-owned television, the Nigerian Television Authority (NTA) and a Chinese Satellite Pay TV, StarTimes.
The fraud came to the public glare on Friday as documents involving the parties were scrutinised with the discovery that the Nigeria Television Authority has not been remitting revenues into the Federation Account.
When the Director-General of NTA, Mallam Mohammed Yakubu presented documents to the panel, they discovered that documents relating to NTA and StarTimes …
