BREAKING NEWS

Nigeria targets 300 army officers, firms, in widening corruption probe

By REUTERS

MARCH 25, 2016 04:31

Nigeria has accused 300 firms and individuals, including army officers, of embezzling 48 billion naira ($241.45 million) through overpaid defence contracts or fraud, the presidency said on Thursday in a widening a crackdown on graft.

President Muhammadu Buhari was elected a year ago on a pledge to root out endemic corruption that has held most of the 180 million Nigerians in poverty despite the country's enormous oil wealth.

The former military ruler has fired or investigated dozens of officials serving under his predecessor, Goodluck Jonathan, and ordered an audit of key government bodies such as state oil firm NNPC.

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