Jump to navigation

Vol 65 No 17

Published 23rd August 2024


Nigeria

Freetown’s business school buys $4.5m hole in the bush

Sierra Leone University lost US$4.5m of public money to a Nigerian company after red flags were ignored and safeguards overridden. Then, they kept it secret

An Africa Confidential Special Report By Josef Skrdlik and Andrew Weir  

Read this Special Report for free here: Freetown’s business school buys $4.5m hole in the bush 

Plus the accompanying report: Femab Properties’ chequered past in which we probe the often questionable history of Sierra Leone's Nigerian partners and ask why multiple warning signs were ignored

 

The Bureh Town campus site after five years after work stopped.

The Bureh Town campus site after five years after work stopped. Pic: Josef Skrdlik



Related Articles

The Brexit connection

African politicians and business people are getting drawn into the shenanigans surrounding Britain’s exit from the European Union

A criminal investigation by Britain's National Crime Agency, announced on 5 November, into businessman and Brexit campaigner Arron Banks could touch on some of his diamond interests in...


Koroma's coup

It was easy, inept and very bloody. The coup has shattered the hope raised by the brief return of peace and democracy

Major Johnny Paul Koroma's 25 May coup d'état (the third change of regime by force in five years) was the most bloody and destructive in Sierra Leone's history....


Tinubu prepares to present 2025 budget

Foreign exchange and tax reforms are praised by international banks but most Nigerians are yet to see the benefits

For the multilateral financial institutions and investment banks, President Bola Tinubu’s economic reforms are stabilising the country’s finances and staunching the loss of billions of dollars in revenues...

READ FOR FREE