The Economic and Financial Crimes Commission (EFCC) has arrested Peter Nwaoboshi, one of the three Peoples Democratic Party (PDP) senators on the list of alleged looters released by the federal government.
The three PDP senators in the list are Nwaoboshi, who represents Delta north senatorial district, Stella Oduah from Anambra and Jonah Jang from Plateau.
The anti-graft agency arrested Nwaoboshi last week following the “corrupt manner” he allegedly purchased a building owned by Delta state, “Guinea House” in Lagos state.
“Yes we arrested Senator Nwaoboshi few days ago based on series of corrupt cases hanging on his neck,” an online medium quoted a source as saying.
“On several occasions he has turned down our invitation extended to him. He is under our custody right now but I won’t give you further details because he will soon be charged to court. But I advise you to also get across to our spokesman, Mr Wilson Uwujaren for further clarifications.”
Mr Nwaoboshi’s travails with EFCC started in 2017 when he was accused of diverting a N1.2 billion loan from NEXIM Bank as a member of its board of directors.
The loan was granted to him by NEXIM Bank under the local industrial growth scheme in 2014.
The money meant for the purchase of equipment and electrical materials was allegedly diverted to acquire properties in Lagos by the Senator.
Earlier in 2017, a Federal High Court in Lagos had ordered the temporary forfeiture of a 12-storey building belonging to the senator over an alleged contract scam of N1.5bn.
The EFCC told the judge that Mr Nwaoboshi, through his company, Bilderberg Enterprises Limited, got N1.580bn contract to supply some construction equipment to the Delta State Direct Labour Agency in 2010.
The EFCC, however, said Mr Nwaoboshi’s company supplied used equipment to the agency while he collected money to supply new equipment, thereby short-changing the agency.
The EFCC said Mr Nwaoboshi later used the proceeds to bid for and purchase the 12-storey building, formerly known as Guinea House, for N805 million in the name of his company, Golden Touch Construction Project Limited.