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Hembe Collected Money from SEC for Phantom Trip

By on March 27, 2012

The Economic and Financial Crimes Commission (EFCC) have obtained confessions from former Chairman of the House Committee on Capital Market and Other Institutions Herman Hembe and his erstwhile deputy, Chris Azubogu.

The lawmakers have revealed that whilst they collected estacode to attend a capacity training workshop in the Dominican Republic, they never set foot in that country, talkless of the seminar.

According to a source of a Nation, “Hembe and his deputy admitted that they were sponsored by SEC to Dominican Republican for a capacity workshop but could not attend. They also confirmed that they collected all allowances accruable for the four-day capacity training.

“Hembe said he travelled to the United States (U.S.) and by the time he arrived in the U.S., he realised ‘I will miss the conference. I informed SEC and returned home’.

“Azubogu also admitted that he did not attend the workshop in Dominican Republic but he collected the estacode.

“Azubogu said although he did not use the air ticket, he got the accruing allowance from SEC.”

The lawmakers stated that they did not return the money as SEC never asked them to do so.

The EFCC is also investigating Arunma Oteh’s hotel bill and feeding expenses as well as the bribe allegations and counter allegations between both parties.