Funke Osibudu, Managing Director, BEDC Electricity Plc, Tuesday, said it lost N750 million in one month following alleged illegal take over of the company.
Osibodu, who disclosed this while addressing journalists on her alleged arrest by the police over the leadership tussle of the company,said despite court order restraining Dr.Henry Ajagbawa and his group from tampering with BEDC, they still brought the police from Abuja to obstruct the company’s operation and intimidated her.
She added:”We resumed last week because we have a court injunction against them and during the period of the alleged forceful take over BEDC, we lost N750 million in collection in one month”.
She faulted her alleged arrest by police from Abuja, saying she was taken to the police headquarters and subsequently released after showing the police court injunction against Ajagbawa and his group, the police
She added: “Till date I have not received any official document from the BPE or BEDC board mandating anybody to take over BEDC affairs from me but somebody just marched to the office and said, I have been asked to take over, this is not law.From the record, there is no official document, written to the board of BEDC that I have been removed.But,what we see was in pages of newspaper that we have been removed and that is not how law works”