- The former board chairman, professor Joshua Alabi claims the contract was finalized before his board took office
- He added that there were clauses in the deal that prevented his board from tampering with it
Professor Joshua Alabi, formerly chairman of the board of trustees for the Social Security and National Insurance Trust (SSNIT) has revealed that the $66 million software contract was secured by the board before his.
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He however added that his board queried the contract when it came to their attention.
According to him, there were clauses in the agreement that prevented his board from altering the terms.
He added that the previous board were presented the budget by the then management team.
He went on to say that the management in office then explained to the then board that there were some outstanding expenses that needed to be dealt with, and for that matter part of the contract sum was set aside for that purpose.
He believes the then board took a lot of factors into consideration before approving the contract.
Five persons are currently being investigated by the Economic and Organised Crimes Office (EOCO) with respect to their roles in the affair.
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