Wednesday, April 15, 2026
  • Login
Summit Post News
ADVERTISEMENT
  • Home
  • News
  • Politics
  • Sports
  • Africa
  • Opinion/Column
  • Business & Economy
  • Editorials
  • Business
  • Security & Crime
  • Religion
No Result
View All Result
  • Home
  • News
  • Politics
  • Sports
  • Africa
  • Opinion/Column
  • Business & Economy
  • Editorials
  • Business
  • Security & Crime
  • Religion
No Result
View All Result
Summit Post
No Result
View All Result
Home News

Alleged Obaseki Fraud: Edo Assembly Approves Total Takeover of MOWAA, Radisson Blu

Nathaniel Irobi by Nathaniel Irobi
March 11, 2026
in News
0
Alleged Obaseki Fraud: Edo Assembly Approves Total Takeover of MOWAA, Radisson Blu

The Edo House of Assembly says the probe into the Museum of West African Arts and the Radisson Blu Hotel is not meant to victimise former Governor Godwin Obaseki.

The chairman of the ad hoc committee set up to investigate the two projects, Ibhamawu Aigbokhan, said this Tuesday at a news conference in Benin, organised to make the committee’s findings public.

Mr Aigbokhan said the probe was primarily intended to clarify ownership issues and safeguard state assets.

ADVERTISEMENT

According to Mr Aigbokhan, Mr Obaseki failed to inform the assembly about the transfer of ownership of the Radisson Hotel to the Hospitality Investments and Management Company.

He said the lapse occurred despite the assembly’s approval of N2 billion for the purchase of the hotel.

Mr Aigbokhan said the committee discovered discrepancies in the claims made by the museum’s management regarding funds raised for the project.

He said MOWAA claimed it raised about N37 billion for the project, but the committee found that the figure did not align with the museum’s audited financial statements.

Mr Aigbokhan said the committee recommended that Governor Monday Okpebholo should take full possession of the MOWAA premises, given that the Edo government funded the project.

He mentioned that the committee also recommended that the property should revert to the Central Hospital “because the land allocation was never formally revoked”.

“The Edo state government should immediately take steps to put the property to good use in the overriding interest of the people of the state,” Mr Aigbokhan said.

Regarding the hotel, Mr Aigbokhan said the committee recommended that the Edo government assume full control of the facility. He said the committee’s findings showed that the government received no payment for the hotel, despite the assembly approving N2 billion for its purchase.

Mr Aigbokhan said ownership of the hotel was never legally transferred from the Edo government to the Ministry of Finance Incorporated or HIMC.

He also said the committee recommended that the government engage competent contractors to complete the hotel renovation and put it to use.

Mr Aigbokhan said the committee also advised the government to immediately revoke what it described as a fraudulent certificate of occupancy issued to HIMC and return the property to the Edo government.

Mr Aigbokhan said the committee also recommended that the government should initiate legal action and collaborate with relevant anti-graft agencies to recover the outstanding balance of N17.5 billion bond proceeds.

He said the committee found that the funds were allegedly held in escrow by Meristem Trustees Limited and Emerging Africa Trustees Limited.

(NAN)

Tags: MOWAAObaseki
Nathaniel Irobi

Nathaniel Irobi

About us

  • Home
    • Blog
  • Privacy Policy
  • About us
  • Checkout
  • Contact us
  • Cookie Policy (EU)
  • Login/Register
  • My account
  • Home
  • About us
    • Privacy Policy
  • Contact us
  • News
  • Politics
    • Education News
  • Business
  • Africa
    • International
  • Security & Crime
  • Religion
  • Sports
  • Lifestyle
  • Opinion/Column
  • Energy Reports
  • Entertainment
  • Diplomatic News
  • Afro News
  • World
  • Food
  • FCT Watch
  • Health
  • Mobile
  • Fashion
  • Travel
  • Legal Matters
  • Gadget
  • Health & Fitness
  • Aviation Reports
  • World
  • Afro News
  • GUEST COLUMNIST
  • Diplomatic News
  • Energy Reports
  • Lifestyle
  • Opinion/Column
  • Religion
  • International
  • Security & Crime
  • Cookie Policy (EU)
  • Contact us
  • About us
  • FG Issues 3.5 million Passports, Saves ₦1bn Annually Through Reforms
  • North West APC Youth League Disowns Kebbi ‘Coalition’, Reaffirms Support for Bagudu

SUMMIT POST NEWS (www.summitpostnews.com) is an Online news medium, powered by Highland Media Ltd. We publish a wide range of content, including Politics, Business, Sports and Entertainment on and about Nigeria, Africa and beyond. Follow us on social media for all the latest news and analysis. Contact us: WhatsApp & Calls ‪+234-803-209-6072‬, ‪+234-705-252-6124‬: Email: summitpostnigeria@gmail.com

  • Home
  • Privacy Policy
  • About us
  • Checkout
  • Contact us
  • Cookie Policy (EU)
  • Login/Register
  • My account
  • Home
  • About us
  • Contact us
  • News
  • Politics
  • Business
  • Africa
  • Security & Crime
  • Religion
  • Sports
  • Lifestyle
  • Opinion/Column
  • Energy Reports
  • Entertainment
  • Diplomatic News
  • Afro News
  • World
  • Food
  • FCT Watch
  • Health
  • Mobile
  • Fashion
  • Travel
  • Legal Matters
  • Gadget
  • Health & Fitness
  • Aviation Reports
  • World
  • Afro News
  • GUEST COLUMNIST
  • Diplomatic News
  • Energy Reports
  • Lifestyle
  • Opinion/Column
  • Religion
  • International
  • Security & Crime
  • Cookie Policy (EU)
  • Contact us
  • About us
  • FG Issues 3.5 million Passports, Saves ₦1bn Annually Through Reforms
  • North West APC Youth League Disowns Kebbi ‘Coalition’, Reaffirms Support for Bagudu

© 2025 Summitpost - Summit Post News - more than just news

No Result
View All Result
  • Home
  • News
  • Politics
  • Sports
  • Africa
  • Opinion/Column
  • Business & Economy
  • Editorials
  • Business
  • Security & Crime
  • Religion

© 2025 Summitpost - Summit Post News - more than just news

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In