N100m World Cup Fans Village: Firm drags NTDC to EFCC

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In Nigeria
Aug 30th, 2014
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A firm, ZA Entertainment Nigeria Limited, has dragged the Nigerian Tourism Development Corporation (NTDC) before the Economic and Financial Crimes Commission over  the  alleged  failed Nigerian Football Fans Village (NFFV)  at  the 2014 World Cup in Brazil.

The project was estimated to cost N100 million but never saw the light of the day.

The firm is asking the anti-corruption agency to probe the funds allegedly raised from sponsors for the Fans Village and how much was actually spent.

The company made the demands in a petition to the Chairman of the EFCC, Mr. Ibrahim Lamorde, by its counsel, Newman Akpore.

The Director-General of the National Sports Commission, Hon. Gbenga Elegbeleye had on December 24, 2013 endorsed the proposal to set up the  Football Fans Village in Brazil.

Based on the endorsement, a Memorandum of Understanding was signed by ZA Entertainment Nigeria Limited and the NTDC on May 26, 2014.

 

The company was also invited by the DG of NTDC, Mrs. Sally Mbanefo to make presentation to the board of the corporation where the final approval was given for the project.

But the NTDC allegedly defaulted on the agreement on the Fans Village leading to a “serious embarrassment” for the country.

Neither the fans Village was built nor the huge funds from sponsors refunded by the NTDC.

The petitioner  said: “The EFCC should determine the following: the total amount collected from various corporate and private sponsors; the account used for such collection of funds from sponsors; the total amount expended on the Nigerian Football Fans Village project in Brazil and the outstanding and unpaid contractual commitments of the NFFV project.

“These funds were collected for the reason of the NFFV project in Brazil, of which our client is a stakeholder and has entered into legal commitments on behalf of NRDC, the government and most especially the people of Nigeria.”

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