Rivers: PHED denies misappropriation of N4.3bn

Rivers: PHED denies misappropriation of N4.3bn …C0NTINUE READING HERE >>>

The Board and management of the Port Harcourt Electricity Distribution Company, PHED, have refuted claims that approximately N4.3 billion was misappropriated by top officials within the company.

In a statement, PHED dismissed the allegations as baseless and aimed at discrediting the company’s technical partner, board chairman, and management team.

“The Board and Management of PHED have become aware of false allegations circulating on social media,” the statement said.

“These claims…

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