Probe of $2bn obtained by TCN underway

by | October 18, 2017 4:27 pm

The House of Representatives during Wednesday plenary session resolved to initiate investigation into the $2 billion loan obtained by Transmission Company of Nigeria (TCN). Simon Arabo (PDP-Kaduna) who sponsored the motion, alleged that TCN wholly owned by Federal Government obtained the facility in-breach of relevant provisions of the 1999 Constitution, Fiscal Responsibility Act as well as the…

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