Thread by @PremiumTimesng

INFOGRAPH: SPECIAL REPORT: The men who embezzled Nigerian Airways to death wp.me/p2LdGt-1eef

Though several individuals, organisations, companies were indicted by the judicial panel of inquiry for their roles, which includes the stealing of several millions of dollars, in the eventual demise of Nigerian Airways, (1/2)
wp.me/p2LdGt-1eef

...some persons received prominent mentions for their brazen and unrestrained looting of the airline. (2/2) wp.me/p2LdGt-1eef

Many of them are still around today, free and enjoying the proceeds of their alleged fraudulent act after killing a national icon. Find a list of these men here: wp.me/p2LdGt-1eef

1. MOHAMMED JOJI (Former managing director of the defunct Nigerian Airways) in 1993 "collected and spent N4.37 billion ($12 million) royalty from Swissair without approval. wp.me/p2LdGt-1eef

Also in 1993, He diverted N3.57 billion ($9.8 million). Claimed to pay N3.93 billion ($10.8 million) to a defunct Belgian national airline, Sabena Airline, but he only paid N364 million ($1million). wp.me/p2LdGt-1eef

In march 1993, he “unlawfully approved” N2 million to one Grace Hembah as imprest account. wp.me/p2LdGt-1eef

Under Mr Joji's watch, #NigerianAirways lost over N1.28 billion ($3.53 million) to an outsourced maintenance of a Boeing 737 aircraft, when 75% of the maintenance was already done by employees of Nigerian Airways. wp.me/p2LdGt-1eef

Mr. Joji was responsible for the diversion or siphoning of N11 billion ($30,018,421) in 24 months. wp.me/p2LdGt-1eef
#NigerianAirways

2. JANI IBRAHIM
He is second biggest culprit in the demise of the #NigerianAirways identified by the Nwazota commission of inquiry. wp.me/p2LdGt-1eef

He is a chieftain of the Nigerian ruling All Progressive Congress (APC) in Kwara State was indicted for several fraudulent and illegal acts between 1996 and 2001 that he was the managing director of the airways. wp.me/p2LdGt-1eef
#NigerianAirways

Between 1997 and 1999, Mr. Ibrahim collected rent valued at N1.47 billion due to the airline and spent the money without recourse to laid down regulations. wp.me/p2LdGt-1eef
#NigerianAirways

He appointed and paid a third-party company, Hak Air, N338.75 million to collect revenue on behalf of the airline. Hak Air has no capacity whatsoever to carry out the job assigned to it. wp.me/p2LdGt-1eef
#NigerianAirways

Mr. Ibrahim made an over-payment of N224.68 million to United Kingdom-based aircraft maintenance firm, Revilo Aerospace for C-Check of an Airbus in Nigeria. wp.me/p2LdGt-1eef
#NigerianAirways

He “single-handedly signed and disbursed N379 million without the signature of the airline’s financial director as regulation required.” wp.me/p2LdGt-1eef
#NigerianAirways

Mr. Ibrahim also unilaterally allotted 24 plots of land belonging to the airline in the Ayobo area of Lagos to non-staff members of the airline. wp.me/p2LdGt-1eef
#NigerianAirways

N3.63 Billion disappeared as a result of corruption and the highhandedness of Mr. Ibrahim while he was managing director of the airline. wp.me/p2LdGt-1eef
#NigerianAirways

3. MOHAMMED KARI
Mr. Kari, colluded with other officials of Nicon Insurance and Nigerian Airways to divert N50.82 billion to a phony company – Alexander Services Limited in the Channel Island, an offshore tax haven. wp.me/p2LdGt-1eef
#NigerianAirways

4. IBRAHIM BALA
In 1993, he stole N860.50 million collected from the Jeddah station for excess baggage and luggage allowance, the commission revealed. wp.me/p2LdGt-1eef
#NigerianAirways

5. OLU BAJOWA &
ALABO GRAHAM-DOUGLAS
Between 1988 and 1990, Olu Bajowa, a retired major general, gave CES Travels the exclusive right to sell tickets for the airline in the United Kingdom and the United States... 1/2 wp.me/p2LdGt-1eef
#NigerianAirways

During the period, CES Travels failed to remit N2.29 billion ($6.3 million) worth of tickets it sold on behalf of the airline. 2/2 wp.me/p2LdGt-1eef
#NigerianAirways

6. ALEXANDRA HOWDEN
Some officials of the airways connived with a defunct UK insurance company, Alexandra Howden, and transferred N893.49 million to its account without rendering any service to the airline. wp.me/p2LdGt-1eef
#NigerianAirways

7. ALL-WELL BROWN
Between 1995 to 1997, All-Well Brown, “kept some crew of the airline in Miami for five months for no reasonable cause,” the commission discovered. Their stay cost the airline N44.49 million. wp.me/p2LdGt-1eef
#NigerianAirways