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| Mba |
The
Director General of National Broadcasting Commission (NBC), Mr. Emeka Mba, who
was arrested and detained by the Economic and Financial Crimes Commission
(EFCC) since last week was released last night.
Mba,
who was arrested penultimate Monday, is being investigated for failing to remit
N15 billion of the commission’s funds to the Treasury Single Account (TSA) with
the Central Bank of Nigeria (CBN).
It
was gathered that the DG was released around 8:40p.m.
Sources
said family and friends of the DG waited at the EFCC headquarters with the hope
of securing his release.
Mba’s
release was as a result of the pressure mounted by his friends and colleagues
in the industry who felt he was unjustifiably being detained.
Mba
was arrested by EFCC operatives on Monday, January 11 for allegedly concealing
N15 billion that the commission was meant to transfer to the TSA.
The
arrest followed a petition against Mba and his management team, alleging that
they concealed the sum from the federal government despite President Muhammadu
Buhari’s directive that all government funds must be transferred to the account
with the CBN.
Investigations
revealed that the N15 billion was part of the N34 billion realised from the
sale of the 700MHz spectrum band to MTN Nigeria Limited.
The
money, it was learnt, was used by the NBC to secure bank guarantees for
contracts related to the manufacture of set-up boxes for the digital
switchover.
The
bank guaranty and contracts predated the enforcement of the TSA by the Buhari
administration.
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