Tag: Euro Bond

Senate summons Adeosun, Amaechi over alleged diversion of $600m Euro bond

Feb 16, 2018

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by

Olaotan Falade

in Business News, Nigeria

The Senate on Thursday invited the Minister of Finance, Mrs. Kemi Adeosun, to appear before it to explain how the $600 million Euro bond sourced from the Chinese Government was used. The upper chamber said $600 million loan received to revive the power sector was allegedly diverted by the Federal Government to remodel four airports…