Today's Trending

Nigerian clubs share 240 million Naira loot recovered by anti-graft EFCC

Top Nigerian clubs including Nembe City have been paid their share of 240 million Naira recovered by anti-graft agency EFCC from a television broadcast agent.

rangers-players-celebrating-with-the-npfl-league-trophy

The cash was paid into the Club Owners Association account.

EFCC are set to recover another 100 million Naira from the TV broadcast agent as well as a former sponsor of the league.

The clubs to benefit from this largesse will be those who featured in the now defunct Nigeria Premier League (NPL).

It was also understood that some principal executives during the NPL era were also paid off from this recovered money.

Television rights sales during the NPL era were shrouded in controversies amid allegations of brazen fraud.

It was alleged that the league got less than 10% of the broadcast cash over a period of six years.

1 Comment on Nigerian clubs share 240 million Naira loot recovered by anti-graft EFCC

  1. Nice one

    Like

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: