Barely three days after the Presidency claimed that 300  persons and companies were implicated in N116billion “curious” contracts issued by  the Office of the National Security Adviser(ONSA), details of the cash some of those indicted will refund have emerged.

Also at the weekend, it was learnt a former Director of Funds in the Office of the Accountant-General of the Federation, Mohammed Dikwa, admitted to the Economic and Financial Crimes Commission( EFCC) that the controversial $2.billion released to ONSA under ex-NSA Sambo Dasuki were based on either presidential or ministerial orders.

The Senior Special Assistant on Media and Publicity to the President, Mallam Garba Shehu, on Thursday  claimed that the ONSA committee had recovered over N7billion from those indicted.

The investigating agencies, including the EFCC, will determine whether N75 billion should be recovered from some of the companies.

The Special Committee in the Office of the NSA found some persons and companies “guilty” of some infractions.

Some of the alleged infractions:

• breach of contract terms;
• non-execution of contracts;
• haphazard or partial completion of contracts;
• collection of funds for unexecuted contracts;
• diversion of funds for political purposes; and
• sheer mismanagement of contract funds.

The 300 persons and companies have been referred to investigating agencies, including EFCC, Independent Corrupt Practices and Other Offences Commission (ICPC) and the police.

Amounts to be refunded by some of the persons and companies are as follows: Acacia Holding Limited – (N600m and  N650m); Reliance Referral Hospitals Limited – N750m (16/4/2015); African Cable Television Limited -N350million; Dalhatu Investment Limited(N500m) -20/12/13 and N200m on 17/3/15;,Duchy Concepts Limited RC392281(N70m) – 17/3/15; Wehsec Farms Limited RC 713258(N200m); Stellavera Dev Company – N250m; Stellavera Dev Company- N250m; Societe d’Equipments internationaux – $6,954,000(21/4/2015), $30m(9/5/15); $50m(9/3/15); €1, 395, 346.84(11/12/13); €1,401,869(2/10/13); €2, 252,252.25; $16m (20/5/14); $38m(20/5/14); $36m(20/5/14); $5m(4/6/14); $10m(11/7/14).

Some of the expected refunds from individuals are Dr. Bello Matawalle – N300m; Bello Fadile -N100m and Bashir Yududa N1.5 billion.

A source in EFCC said: “Some of those indicted have outstanding cases under investigation by our agency. These allegations are intertwined and we may have to improve on a few clues.

“The latest assignment is to recover the sums against these 300 persons and companies. A few of them had written to  the commission to refund some money illegally collected for jobs undone.

“ In line with the mandate of the Presidency, we will get to the root of the allegations against those already referred to us. We will also collaborate with other investigating agencies.”

Responding to a question, the source added: “Of course, some of these persons and companies will be prosecuted.”