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Transmission Company of Nigeria CEO Bribed Power Minister With 2023 Lexus LX 600 SUV To Retain Office – Report

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Toyota Recalls Nigerian Politician's Favourite Ride, The Lexus LX 600, Over Potential Engine Failure - autojosh

Transmission Company of Nigeria CEO Abdulaziz Ahmed Sule reportedly bribed Power Minister with 2023 Lexus LX 600 to retain office.

Documents exclusively obtained by SaharaReporters show that the Lexus LX 600 was procured from Kaura Motors for N298 million.

When Saharareporters contacted, TCN spokesman admitted its MD bought the vehicle for the minister, but denied that it was a bribe.





The Managing Director and CEO of the Transmission Company of Nigeria (TCN), Abdulaziz Ahmed Sule, has reportedly bought a 2023 Lexus LX 600 for the Minister of Power, Mr Adebayo Adelabu, SaharaReporters has learnt.

Sources told SaharaReporters that Sule bought the vehicle from the internally generated revenue of the company to bribe the minister to ensure that President Bola Tinubu does not remove him from office.

“The MD/CEO of TCN Engr. Abdulaziz Ahmed Sule bought the vehicle from the internally generated revenue of TCN to bribe the Minister of Power, Adebayo Adelabu to ensure that President Bola Ahmed Tinubu does not remove him from office.”

“That was why when new Executive Directors were appointed for TCN by the president, the MD/CEO of TCN was not touched. This is pure corruption,” a source said.

Documents exclusively obtained by SaharaReporters show the LX 600 was procured from Kaura Motors Nigeria Limited through a contract agreement dated January 17, 2024, under the heading “Procurement Of Vehicles For Management Staff (Lot 1&2)”.





A payment document with the heading “Payment Advice” shows that N261,103,961.25k was paid to Kaura Motors Nigeria Limited account domicile with Fidelity Bank from TCN account through the Central Bank of Nigeria on February 20, 2024, at exactly 09:05 am and with Ref No: 997617729.

The Batch Number is 15161 and the detailed description reads, “Payment for the supply and delivery of 1No Lexus LX 600 2023 Model for management staff lot 1 and 2.”

A letter from Kaura Motors to the Managing Director of TCN dated January 22, 2024 and with reference number KMNL/TCN/22012024/AI is titled: “Re: Procurement Of Vehicles For Management Staff (Lot 1&2). Request for payment.”

The letter signed by one Suleiman Umar for the Managing Director of Kaura Motors Nigeria Limited, reads :

“We refer to your contract agreement dated 17th January 2024 for the Procurement of Vehicles for Management Staff (Lot 1&2) with a total contract value of N298,444,187.50k only. Find below our account details for payment as we have successfully supplied.”

When Saharareporters contacted Transmission Company of Nigeria, a media consultant who gave his name as Oyofo Sule admitted that the TCN managing director bought the vehicle for the minister, but denied that it was a bribe.

He said :

“Yes, he bought the vehicle for the minister. It is a normal thing and all the agencies and parastatals do it. There is nothing like bribery in the procurement. Other agencies buy vehicles for ministers and members of the National Assembly committee chairmen.”

Source : Saharareporters





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