NCAT director, auctioneer arrested over sale of two helicopters at $1.2m

The House of Representatives on Tuesday ordered the immediate arrest of an alleged unlicensed auctioneer and NCAT’s Director of Quality Control by the Police in the National Assembly for allegedly providing false information on oath, and the sale of two helicopters for 1.2 million dollars.

To this end, the Committee on Public Assets has called on the Inspector General of Police, Kayode Egbetokun, has to take over the investigation of the alleged indiscriminate sale of two helicopters by the Nigeria College of Aviation Technology, NCAT.

The resolution of the Committee on Public Assets came after about five hours of interaction with the management of the College and other relevant bodies.

Back in December 2023, the House launched an investigation into the state of public assets in the country.

The committee’s mandate is to recover assets valued at trillions of naira and moribund public assets within and outside Nigeria and to unravel the reasons behind the hurried sale of two helicopters without the approval of the Federal Executive Council days before the end of the Buhari administration in 2023.

Present at the Commitee meeting were the management team of NCAT, representatives of the Nigerian Army and others crucial to.

The chairman of the Committee, Ademorin Kuye expressed worries that the two choppers bought at $2.4 billion were sold at $1.2 billion without due process.

The lawmakers also queried the use of an unlicensed auctioneer who failed to provide needed response to enquiries

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