Nigeria Building Company Angry Over 1,000 Units Deal In Ghana

The Nigerian company, Snecou Group which is partnering the State Housing Company to build 1,000 housing units for the security services has condemned what it says it IMANI Ghana’s attempt to discredit it.

Under the terms of the agreement, Snecou will raise 77.3 million dollars for the construction of the houses. But IMANI is asking Parliament to recall the report laid before it.

It cites issues about the cost per housing unit and the credibility of the company which has been cited for corruption controversies and inquiries in Nigeria.

(SEE ALSO: IMANI-says-parliament-should-not-approve-shady-housing-d...

To buttress its point, IMANI refers to an October 2010 ruling by the Economic and Financial Crimes Commission of Nigeria, which indicted the Chairman of Snecou, Prince Nicholas Ukachukwu for using four of his companies to loot 40 million dollars belonging to Nasawara state.

 

full story: Nigeria Building Company Angry Over 1,000 Units Deal In Ghana

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