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Edo Government Accuses Ex-Governor Obaseki of ₦25 Billion Hotel Scam

Politics
NaijaNews
1 min read
Edo Government Accuses Ex-Governor Obaseki of ₦25 Billion Hotel Scam

The Edo State government is set to involve the EFCC in investigating former Governor Godwin Obaseki over a purported ₦25 billion Radisson Hotel scam in Benin City. The accusations, led by spokesperson Kassim Afegbua, claim that Obaseki's administration mismanaged funds by ceding 80% equity to a private investor while retaining 20%.

The current administration alleges that the project was not properly funded, with no evidence of private investor injections. Obaseki's governance style is criticized as vindictive and lacking in vision, contrasting with the current government's commitment to transparency and prudent financial management.

Plus234Feed summary based on reporting from NaijaNews. Read the original report below.

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