Ben Ibakpa, the lawmaker representing Ethiope Federal Constituency in the house of representatives claimed that some Nigerian officials signed loan papers from China written in Chinese.
The Delta-born lawmaker disclosed this in a discussion while appearing on Channels Television’s Sunrise Daily programme.
The lawmaker stated that the National Assembly left out when the executive receives loans from China.
According to him, the officials don’t evaluate the loan documents critically before they are signed.
Furthermore, he declared that most of the contracts done by Chinese firms in Nigeria are overpriced.
He said that the Buhari-led administration which campaigned with an anti-corruption mantra should do well to check these loans noting that corruption is fueled by awarding of contracts.
“The national assembly was kept in the dark in all these loans.
“The National Assembly is not part of it. Even the Bureau for Public Procurement is not aware of these loans.
“These loans are collected via the China Civil Engineering Construction Corporation (CCECC). They bring a bill, the Federal executive approves the bill.
“From what we have seen from other countries, the Chinese loans are overpriced and these people are very corrupt.
“Some of these agreements that are signed, they come in Chinese language.”
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