N559.3 million housing project fraud rocks PENGASSAN

EVEN when Nigeria Labour Congress, NLC, is battling to address close to N3 billion housing project scam involving it and Christon-Lally, another housing project fraud has hit the labour movement.

This time around, it is the Petroleum and Natural Gas Senior Staff Association of Nigeria, PENGASSAN, that is enmeshed in over Five and fifty-nine million, three and eight thousand, seven hundred and ninety (N559,308,790.00) housing project scam.


The said amount is alleged to be unaccounted for after an internal investigation of PENGASSAN Housing Project between 2009 and 2015.

The project on the platform of “PENGASSAN Abuja Housing Project”, situated in Lokogoma, has three sites.

According to investigations, while subscribers to site1 had taken possession of their houses, subscribers to sites 2 and 3, have not and to worsen the matter, the project has been stalled.

Unsatisfactory developments

Findings revealed that following unsatisfactory developments, subscribers started asking questions without getting appropriate answers. This was said to have forced some subscribers to ask for refund and were refunded, while others kept faith with the project.

However, when the houses were not delivered as promised, months after due date, subscribers were said to have become restive prompting investigation.

An outcome of preliminary investigation revealed suspected huge fraud, forcing the matter to be reported to the anti- fraud unit in Panti, Yaba for further investigations.
Source: Vanguard

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