BMW Scandal: Cocharis Car Dealership Gave N112 Million Kickback To Minister

Even as the minister of aviation began a new spin that the BMW armored cars purchased by the Nigerian Civil Aviation Authority (NCAA) for her use were done on "hire-purchase", SaharaReporters has revealed new details about the $1.6 million spent by the Nigerian Civil Aviation Authority to purchase the armored BMW cars for Nigeria's Aviation Minister Stella Oduah.

A highly reliable source has told SaharaReporters that the shady deal for the car was done entirely between Coscharis Motors Limited, a dealership from which the cars were purchased, one of Ms. Oduah's private firms based in Abuja, and First Bank of Nigeria.

SaharaReporters had revealed the account number at the First Bank into which the monies were paid on behalf of the NCAA.

"The NCAA was not even aware of the deal until the minister told them to sign that they had received two BMW cars," said a source.

After inking the deal, Coscharis Motors, sellers of the highly inflated automobiles, reportedly gave the Aviation Minister more than N112 million as kickbacks. The source added that Cosmas Maduka, who owns Coscharis Motors, pocked N60 million for each of the two BMW cars.

An official at the NCAA corroborated the information that the agency was largely kept in the dark about the transaction.

"We were never privy to the transaction and had not seen the cars even though our head of transport was made to sign the delivery note," said the source.

The agency is under the Ministry of Aviation.

The source added that the agency has still not seen the cars even after the scandal escalated.

SaharaReporters was first to break the news that Ms. Oduah compelled a cash-strapped NCAA to pay for two extravagantly-priced bullet-proof BMW cars for her personal use.