Former Minister of Finance, Ngozi Okonjo Iweala has been accused of collaborating with international financial institutions against the interest of a promising local company.
The Secretary General of African Iron and Steel Development, Dr. Mohammed Sanusi has accused erstwhile Minister of Finance and Coordinating Minister of the Economy in the President GoodLuck Jonathan administration, Dr. Okonjo Iweala of conniving with the World Bank and the International Monetary Fund (IMF) to write a phoney audit report on the Ajaokuta Steel Company.
He said the report, which adjudged the company as lacking in prospects was to serve the interest of powerful nations, especially the West, who markets their iron and Steel in Nigeria and other African countries.
Speaking with DAILY POST in Abuja on Tuesday, the Scribe lamented that it was the fourth time international finance organisations would capitalize on corrupt tendencies of Nigeria government officials, who were always ready to compromise and write-off Ajaokuta Iron and Steel Company, despite its huge prospects of being Nigeria’s biggest revenue earnings and employer of labour.
“There was a lot of sabotage going on and I have four different report which were initiated by World Bank against Ajaokuta Steel Company”, Sanusi said.
He added: “another group, which has links with World Bank and IMF were invited from Britain by Bureau of Public Enterprises; they came and condemned Ajaokuta, and when we the stakeholders pointed out their mistakes, they left and never came back to Nigeria up till date”.
Dr. Sanusi also recalled that he faulted the power point presentation of another group, which were brought in by the former Minister of Finance, Dr Okonjo Iweala known as “Nigeria Infrastructure Advisory Facilities”.