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Home Sectors Aviation

EFCC nabs Hadi Sirika’s brother over N8 billion Aviation Contract Fraud

Cyrus Ademola by Cyrus Ademola
February 6, 2024
in Aviation
EFCC, NOUN, Sunflower Hotel
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The Economic and Financial Crimes Commission (EFCC) has arrested the Abubakar Ahmad Sirika, the brother of Hadi Sirika, the immediate past Aviation Minister over an alleged contract fraud in the aviation ministry.

Abubakar was picked up by the anti-graft agency on Sunday, February 4 following an investigation in the Aviation Ministry.

During his tenure as minister, Sirika faces allegations including conspiracy, abuse of office, diversion of public funds, contract inflation, criminal breach of trust, and money laundering totaling N8,069,176,864.

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The Commission stated that the amount in question is related to four aviation contracts awarded by the former minister to a company called Engirios Nigeria Limited, which is owned by his younger brother.

In addition to being designated as the MD/CEO of the company, Abubakar is the only signatory to its two accounts, which are maintained in Zenith and Union banks, according to the agency.

Contract Awarded to Sirika’s Company

  • Sources within the EFCC disclosed that Sirika granted the contracts to his brother fully aware that Abubakar is a civil servant serving as a deputy director on Level 16 at the Federal Ministry of Water Resources, a position he has held since 2000.
  • The first of the disputed contracts granted by the ex-minister to Engirios Nigeria Limited was on August 18, 2022, involving the construction of a Terminal Building at Katsina Airport, with a total cost of N1,345,586,500.
  • The second was awarded on November 3, 2022 for the establishment of Fire Truck Maintenance and Refurbishment Centre in Katsina Airport, valued at N3.8 billion.
  • The third contract, signed on February 3, 2023, involved the procurement and installation of lifts, air conditioners, and a power generator’s house at Aviation House in Abuja, with a total cost of N615 million.
  • Meanwhile, the fourth contract, awarded on May 5, 2023, was for the procurement of Magnus Aircraft and a simulator for the Nigerian College of Aviation Technology in Zaria, totaling N2.2 billion.

More Insights

  • According to reports, the former minister allegedly disbursed N3.2 billion to his brother’s company, Engirios Nigerian Limited, which subsequently transferred the funds to various entities and individuals.
  • Despite this transaction, there is no evidence of any work being carried out on the contracted items to date.
  • Abubakar Sirika is presently held in EFCC custody, where he is offering supplementary information concerning the financial dealings of the ministry, all under the supervision of his older brother, Hadi Sirika.

Follow us for Breaking News and Market Intelligence.
Tags: Abubakar Ahmad SirikaEFCCHadi Sirika
Cyrus Ademola

Cyrus Ademola

  • Cyrus Ademola is an energy and economy analyst with over half a decade experience in journalism, research-based oped, economic reportage and energy analysis. His works have been featured on different media outlets, covering from oil and gas to business trends.

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