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EFCC declares Kriston Lally’s CEO wanted over failed housing project

The Economic and Financial Crimes Commission (EFCC) has declared the Chief Executive Officer (CEO) of Kriston Lally EPC Nigeria Ltd, Mustapha Umar Madawaki wanted over charges bordering on a failed housing deal.

EFCC spokesperson Wilson Uwujaren confirmed on Thursday that the anti-graft agency was in pursuit of Madawaki over his role in a housing provision contract.

Madawaki and the Nigeria Labour Congress (NLC) president, Abdulwahed Omar in 2013 signed a contract to build hundreds of houses for Nigerian workers.

As at last December when the first housing units were to be delivered, not one house had been built after many workers were made to deposit varying sums of money for the houses.

Efforts by the workers to recover their stakes in the failed contract have met brick wall. This has resulted in the workers repeated mass protests at the headquarters of NLC in Abuja.

NLC president has always promised to pay but that has not happened.

He accused Kriston Lally management of forging signatures so that funds could be released from the bank as well as undermining the repayment process.

Madawaki on his part accuses NLC of making attempt to divert his company’s clients (workers who paid for the housing deal) to another not-well-known company called Good Homes.

 

Source – AllAfrcia.com

 

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