Status
No final report
Assembly
Senate
Opened
By 3 October 2008 (earliest dated report)
Assembly term
6th National Assembly (2007–2011)
Committee
Not stated in the record
Sum at issue
₦75 billion
Subject
Spending and misuse of funds
Without a report for
6,613 days
The Nigerian Senate has formally disclosed its decision to probe the lending of 75 billion naira (US$637 million) to Transnational Corporation (Transcorp) by a consortium of banks a few weeks after it bought a majority stake in Nigerian Telecommunications (NITEL), the national telecom operator.
NITEL
What the record shows
- 3 October 2008Earliest dated press report of the probe.
- As of 11 November 2026No final report of this probe has been found on the public record.
Opened more than 120 days ago, and no final report of the committee has been found on the public record. Interim reports and hearings are shown where known. Know of a report, hearing or outcome missing here? Send a correction.