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Thursday, October 1, 2020

$36.62Mil Project Fund Mismanagement, “Former President Koroma” Named

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IN $36.62 MILLION PROJECT FUND MISMANAGEMENT; ‘KOROMA APC’ NAMED

According to recent revelation from the Justice William Annan Atuguba Commission of Inquiry 67, former President Ernest Bai Koroma intervened several times between NASSIT and the contractor for the Sewa Grounds Market popularly known as Victoria Park.

Led in evidence by state Counsel Mr. Musa Mewa, Director of Investment at NASSIT Dr. Brima Ibrahim Baimba Kargbo delved into the structure of the Sewa Grounds Market project and how constant intervention by former President Ernest Bai of forced NASSIT into making unjustifiable payments to the contractor even though the trust was unwilling to do such. Dr. Kargbo said the contract was separated into various components; $15.5m for the market, $12m for the school and park, $3.7m for the consultant engineer, and $3.3m for Freetown City Council.

_AYV MEDIA_

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