Obasanjo vs Buhari: EFCC begins probe of ‘$16billion spent on power projects

Obasanjo vs Buhari: EFCC begins probe of ‘$16billion spent on power projects

The Economic and Financial Crimes Commission (EFCC) has launched a probe into the controversy surrounding the $16 billion allegedly spent on power projects during the administration of former President Olusegun Obasanjo? 

On Wednesday May 23rd, President Buhari while receiving the Buhari Support Organization, stated that a former president who embarked on a $16 billion power project with no result to show for it, has some questions to answer.

Days after President Buhari spoke about the $16 billion power project embarked upon by the Olusegun Obasanjo administration, the EFCC Has reportedly set up a team to begin investigation on the project which many have described as a failed one.

Obasanjo in a statement released on that same day, said President Buhari's comment on the power project was from an ignorant point of view. The former president in his statement said he had been cleared of any wrong doing with regards to the power project by an investigation panel set up by the National Assembly.

A report by the Nation newspaper says an EFCC team has now been assembled to investigate the power project. An official of the antigraft agency who spoke on condition of annonimity said

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