Friday 1 November 2013

Coscharis Motors Lied ...Minister of Finance, Okonjo Iweala Says, No Waiver was Granted For the Purchase of NCAA's Armoured Vehicles!

Nigeria's Minister of Finance and Coordinating Minister for the Economy, Ngozi Okonjo-Iweala, has distanced herself and office from the raging controversy concerning the two armoured BMW cars recently imported into the country for the Minister of Aviation, Stella Oduah. Reacting to Chairman of Coscharis Motors Limited, Cosmas Maduka, tstatement to the House of Representatives committee on Aviation probing the N255 million purchase that the Federal Ministry of Finance granted his company waiver for the importation, Mrs. Okonjo-Iweala says such claims as “totally false and without foundation.”
The minister first through her twitter handle, said the customs waiver she approved had no link to either the aviation ministry or bullet proof cars, but for the importation of 300 cars ordered by the Lagos State government for the National Sports Festival (“EKO 2012”).
She clarified via her the Special Adviser to the Minister on Media, Paul Nwabuikwu by saying, “On June 23, 2012, the Lagos State Government applied for Waiver of Destination Inspection Charges and Duty Exemptions for Coscharis Motors Nigeria Ltd, the official Automobile Partner for the National Sports Festival (“EKO 2012”), to purchase 300 vehicles on its behalf for the event.. Since the Lagos State Government met the laid down criteria, the waiver was granted. It is also important to clarify that the waiver granted to the Lagos State Government for the event did not include the purchase of armoured vehicles.”
According to Deputy Comptroller General of Customs, Manasa Jatau at the public hearing by the House of Representatives on Wednesday, the had also accused Coscharis Motors of lying, by deceiving both the Ministry of Finance and National Security Adviser, NSA, into believing that the two armoured cars were among the ones acquired for Lagos state government for the National Sports festival.
Mr. Jatau, who alleged that the N10.1 million import duty due to Customs for the two cars were not paid, said Coscharis had used the same waiver for the Lagos State cars on the controversial BMW’s associated with NCAA. 
“Coscharis imported the cars without paying import duties claiming there was a waiver from the Ministry of Finance. Coscharis obtained the waiver claiming the armoured cars were part of 300 vehicles imported for the Sports festival in Lagos last year, and therefore the beneficiary was Lagos State government. The cars had an End User Certificate from the NSA office in the name of Coscharis,” Mr. Jatau told the committee.
The NSA office had apparently issued End User certificate without knowing that it was doing so for cars to be delivered to Stella Oduah or the NCAA.

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