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Thursday, 21 July 2016

Alleged Insurance Fraud: House of Rep To Investigate The Multi-billion Naira Insurance Fraud

The house of representatives is set to investigate allegations of fraud involving multi-billion naira insurance covers for government assets.
In a motion sponsored by honourable Prestige Ossy, he claims some insurance companies enjoy undue advantage in return for bribing government officials.

The House resolved to compel the Head of Service and other government establishments to provide a detailed data of all premiums paid on government assets within the last three years

The investigation is to cover an in-depth audit of the selection process, investigate the complicity of brokerage firms, insurance and reinsurance companies in the matter

1 comment:

Abdulmalik Amodu said...

I'm fully in support of the move, let kill the bad eggs in our country.


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