In a recent explosive case that has shaken the top echelons of national security, the Inspector General of Police, Kayode Egbetokun, has been mandated to lead the investigation into the alleged improper sale of NCAT helicopters. The decision followed intense discussions lasting almost five hours between the committee, NCAT management and other relevant parties.
Committee Chairman Ademorin Kuye expressed serious concerns over the significant financial losses caused by the sale of two helicopters, initially purchased for $2.4 million, for only $1.2 million without following proper procedures. He stressed the need to have a detailed list of assets, including a full description and specifications of all assets, as well as the current status of the leased assets, their date and mode of acquisition.
The misrepresentation of documents was also raised by a member of the committee, Midala Balami, highlighting questionable practices surrounding the matter. Additionally, the employment of an unlicensed auctioneer who failed to respond to requests for information raises concerns about the transparency and ethics of the transaction.
For his part, Musa Alkali, Nigerian Army Aviation Coordinator, revealed that the army’s request to use the helicopters for counter-terrorism purposes had been rejected, stressing the importance of recovering these strategic resources for national security.
This case comes against a backdrop where the House of Representatives has launched a massive investigation into the state of the country’s public assets, with the aim of recovering billions of naira in neglected assets, both domestically and internationally. The disturbing revelations emerging from this case highlight the urgent need to strengthen monitoring and transparency mechanisms to prevent such incidents in the future.
In conclusion, this NCAT helicopter affair reveals the flaws in the public asset management system and highlights the crucial importance of fighting corruption and fraudulent practices that undermine the stability and security of the country. The ongoing investigation by the Inspector General of Police will undoubtedly shed new light on this matter and help restore public confidence in the integrity of our institutions.