Mr. Eze is a well-known Nigerian businessman, a close friend of the president, and a major financier of the ruling Peoples Democratic Party (PDP), as Sahara Reports reports.
Some military sources also opined that the contract was saddled with the procurement of helicopters for the Nigerian military.
The documents below reveal that Mr. Eze, the chief executive of Triax Nigeria Limited, received the gigantic sum of $466.5 million in order to militarize six Puma helicopters with the aid of an Israeli company named Elbit Systems. This meant that each of such helicopters costs around $78 million.
“For the price of each helicopter provided by Engineer Arthur Eze, the Air Force could have acquired seven top grade military helicopters,” said one of sources.
One of the same edition’s sources have even accused President Jonathan and Mr. Eze of using the refusal of the US to sell Cobra attack helicopters to Nigeria as an reason to engage in a large-scale squandering of funds involving the Federal Government and Mr. Eze’s company, the Triax Company Nigeria Limited.
“In the US, a brand new AH Cobra attack helicopter costs around $12 million each,” said a source at the NAF. It is also added: “That means that, with $400 million, Nigeria could have purchased up to 40 brand new helicopters.”
According to the source, the Cobra attack helicopter is one of the best US-made helicopters. “It is highly effective in the battlefield. It would have given us big battlefield advantage over Boko Haram,” he said.
In an additional proposal, Mr. Eze’s company sought to purchase 4,000 57mm S5 rockets, 400 80mm S8 rockets, 500 general-purpose bombs, and 20,000 units of unguided rockets.
Arthur Eze’s invoice
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