FCT Minister Bello suspends Abuja investment coy officials
FCT Minister
The FCT Minister, Malam Muhammad Musa  Bello, has suspended the management staff of the Abuja Investment Company Limited, AICL, currently under investigation by the Economic and Financial Crimes Commission (EFCC) over alleged corrupt practices.
The minister constituted a seven-man interim management team headed by Dr. Bashir Isyaku, to oversee the affairs of  the company pending the outcome of the investigation by the EFCC.
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The suspended management staff  were Dr. Musa Ahmed Musa (GMD), whose suspension was announced a month ago); Abdulsalam Salisu,  (Senior Vice President/Ag. GMD), Sani Yakubu (Senior Vice President, Business Developemnt); Showole Wasiu Abiodun (SVP Equity Management); Ibrahim Aliyu (SVP Asset Management); Ibezim Francisca (SVP Legal); Owraigbo Japhat A (SVP F & T); Engr. Abbas Yakubu Muhammed (VP Asset Management) and Waziri Asabe Z (VP HR&A).
The minister who announced the suspension on Friday when he visited the management of AICL and other Chief Executives of subsidiary companies said it became imperative for the FCT Administration to take a firm action so as to protect its investment and ensure the company continues  in the right direction.
He said the administration was inundated with series of corruption allegations against the suspended staff , as well as the bad working relationship between the company and heads of subsidiaries.
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