FINALLY: EFCC Returns 240m To NPL Clubs

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Top Nigerian clubs including those that played in the defunct Nigeria Premier League (NPL) have been paid their share of 240 million Naira recovered by the Economic and Financial Crimes Commission (EFCC) from a television broadcast agent.
The cash which was paid into the Club Owners Association account it was gathered will be shared by all the 20 clubs that competed in the Nigerian League under the management of the defunct NPL Board.
EFCC are set to recover another 100 million Naira from the TV broadcast agent as well as a former sponsor of the league.
It was also understood that some principal executives during the NPL era were also paid off from this recovered money.
Confirming the development, a management member of the League Management Company, (LMC), said on phone that Television rights sales during the NPL era were shrouded in controversies amid allegations of brazen fraud, adding that the league got less than 10% of the broadcast cash over a period of six years.
He disclosed that the LMC chairman, Shehu Dikko, the Chief Executive Officer, Nduka Irabor and the Chief Operation Officer, {COO), Salisu Abubakar have made several submissions and appearances to the EFCC leading to the recovery of the said amount.
The LMC officer stated that the exact amount that is being withheld by the Television right agents was N450m, adding that the agent stated that it was being owed over N100m by the then NPL sponsors, Glo.
“The said money is not from the LMC board, it is from a Television right agent. For the last three years the LMC has been in the league, they have not paid that money, so part of the investigation the EFCC have been doing led to the eventual recovery of the money.

These guys have been collecting TV right money from Super Sports but they were not paying them to the then NPL or the clubs.
‘What they paid is about N300m and not N240m out of the N450 they were supposed to pay for three years, claiming that Glo was owing them as at that period, so the LMC ordered the EFCC to pay them.
“The money was paid to the club owners because it is the clubs’ money.

The LMC as part of its legal position said they would not have anything to do with it even though they were the ones that fought for its recovery”. The LMC officer disclosed.

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