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Showing posts with label N400m mortgage scam tears NLC apart.. Show all posts
Showing posts with label N400m mortgage scam tears NLC apart.. Show all posts

Monday, 22 September 2014

N400m mortgage scam tears NLC apart.


 SOLIDARITY: From left:  Gen.Sec of NLC, Owei Lakemfa; NLC President, Abdulwaheed Omar; Deputy President, Kiri Mohammed and others at NLC Press Conference declaring General Strike from Monday, January 9, 2012. Photo: Gbemiga Olamikan.

THE leadership of Nigeria Labour Congress, NLC, is enmeshed in crisis over an alleged disappearance of not less than N400 million being contributions of Nigerian workers to a housing scheme.
The money, which allegedly grew wings from one of the accounts of the NLC in a new generation bank in Abuja was meant for a mortgage scheme for Nigerian workers initiated by a private company (names withheld); alongside a Greek national( name withheld) as a principal partners in collaboration with the leadership of the NLC.
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