Nigeria President's Son in Mega Fraud

The Bureau of Public Enterprises (BPE), the Ministry of Solid Minerals and Steel Development and other government agencies are set to give away the multi- billion dollar Ajaokuta Steel Company Limited to an Indian Company, Global Steel Holdings Limited (GSHL), in a deal that may probably become one of the most fraudulent in the history of Nigeria. Global Steel Holdings has been widely reported as being a crony of some highly placed Nigerians including, Gbenga Obasanjo, son of Nigeria’s President and Liyel Imoke, former Minister of Power and Steel who has been announced as the governor-elect of Cross River State. Gbenga, had sometime last year, in a newspaper report, acknowledged to have brought the Indian Company to Nigeria.