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Serving North-Central Governor Withdrew N60bn Cash In Six Years —- EFCC Chairman

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A serving Nigerian Governor has allegedly withdrawn N60 billion from his state’s purse in about six years.

This was made known by the Chairman of the Economic and Financial Crimes Commission, Abdulrasheed Bawa.

The disclosure was contained in the latest edition of the anti-graft agency’s in-house magazine: “EFCC Alert.”

In the interview, conducted by TVC, Bawa revealed that the Governor involved is from the North Central geopolitical zone.

He said: “Very soon, Nigerians are going to see some of the things that we are doing. I can tell you for free that the new Department of Intelligence that we have created is working wonders. They have come up with a lot of intelligence.

“In one of them, a governor in a North-Central state within the last six years (one individual) has withdrawn over N60 billion in cash.

“We are looking at all of that, and I assure you that at the end of all of our investigations, Nigerians are going to be briefed of what we are doing behind the scene on cybercrime, politically-exposed persons, as well as engaging government agencies to ensure that we have better processes and procedures on how to do government business.

“We are not setting out to be engaging with people on the pages of newspapers or press conferences. We are working hard trying to see what we can do behind the scenes (to eradicate corruption).”

Bawa also disclosed that contrary to the widely-held opinion that alleged corruption cases against former governors are marooned, they, according to him, are being actively pursued and investigation reports would be out soon.

He said: “I can assure you that we are working [on them]. We don’t want to talk about matters that are under investigation. Yes, we invited a former governor (Lucky Igbinedion) for interrogation. He was with us for two days and he has been released; the investigation is ongoing, but we are being careful and cautious, so we won’t be accused of engaging in a media trial.”

Starting with those who served between 1999 and 2007, more than 50 former and serving governors are believed to be under alleged corruption investigation.

Five former governors have since been convicted, with higher courts overturning the sentencing of two, former Abia governor, Orji Kalu and Bala Ngilari, who briefly ran Adamawa State.

The commission is pursuing fresh judicial approval to re-prosecute Kalu.

Two former governors are currently serving jail terms: former Plateau State Governor and serving Senator, Joshua Dariye, and his Taraba State counterpart, former Governor Jolly Nyame.

On the celebrated conviction of the former boss of the federally-controlled Pension Scheme, Abdulrasheed Maina, and his son, Faisal, the anti-graft agency leadership says its focus is now on banks, deemed complicit in the saga.

Bawa said: “We are going to implement the pronouncement [of the Court] to the letter. The banks are complicit and there are some issues raised there and we are looking at that already. Anything that has to do with judgement of the Court has to be complied with in total. And so, the banks are involved, so we are going to go after them as well.

“We are very happy that we secured the conviction. And of course the restitution to the government. We still have another case that is ongoing. We also have civil forfeiture cases on some of these properties. So if you look at the big picture, I think we are good to go.

“The issue of pension fraud is something that is mind-boggling and we are looking at that. We recently held a sensitization programme titled: ‘Eradication of Pension Fraud in Nigeria.’ So we are working to ensure that we have sanity within the system.”

BIG STORY

Alleged N110bn Fraud: Court Adjourns Yahaya Bello, Other’s Bail Ruling To December 10

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The Federal High Court in Abuja has adjourned to December 10 for a ruling on the bail application by the immediate past Governor of Kogi State, Yahaya Bello, and two others.

Bello had pleaded not guilty to the 16-count charges brought against them by the Economic and Financial Crimes Commission.

The former governor, along with Umar Oricha and Abdulsalami Hudu, are being prosecuted as the 1st to 3rd defendants, respectively, in a fresh N110bn 16-count charge instituted against them by the EFCC.

Bello, the 1st defendant, vehemently denied the allegations before Justice Maryanne Anenih as they were read out to them.

After taking their plea, the Defendant’s Counsel, Joseph Daudu, moved an application for bail.

However, the EFCC Counsel, Kemi Pinheiro, opposed the application, arguing that it had expired in October.

Clarifying the issue, the Defendant’s Counsel stated that the only relevant application before the Court was the motion for bail in respect of the first defendant, which was filed on November 22.

Relying on all the paragraphs of the affidavit, he added that the bail application was also supported with a written address.

Justice Anenih ordered that the defendants be remanded in the custody of the EFCC.

The EFCC had filed an N110bn alleged fraud suit against the former governor.

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JUST IN: Court Remands Yahaya Bello In EFCC Custody Amid Alleged N110bn Fraud Case

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The Federal Capital Territory (FCT) High Court has remanded Yahaya Bello, former governor of Kogi, in the custody of the Economic and Financial Crimes Commission (EFCC).

Bello was arraigned on a 16-count charge related to alleged money laundering on Wednesday.

He pleaded not guilty to all the charges.

 

More to come…

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First Phase Of 10,800-Bed Hostel In LASU Ready — Tokunbo Wahab

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The first phase of a 10,800-bed hostel project at the Lagos State University (LASU) is now ready for inauguration, according to Tokunbo Wahab, former special adviser to the governor on education.

Wahab, who is now commissioner for environment and water resources in Lagos, describes the project as ambitious and transformative.

“ It remains one of the most ambitious and transformative projects undertaken during my time as the Special Adviser to the Governor on Education,” he wrote on X.

“It was executed through a Public-Private Partnership (PPP) model under a Build-Operate-Transfer (BOT) arrangement which involves seven reputable investors.”

Wahab commended Babajide Sanwo-Olu, Lagos governor, for his leadership and continuous support.

“Proud of the work done here and to have been a part of this special one,” he added.

“Through the grace of God and the unwavering support and the dedication of the Lagos State Office of Public-Private Partnerships, the relentless efforts of the management staff of LASU, led by Vice Chancellor Prof. Ibiyemi Olatunji-Bello, and the cooperation of other key stakeholders, the first phase of this landmark project has now been completed.”

Wahab emphasized that the project showcases the state government’s commitment to leveraging public-private partnerships to address critical infrastructure needs in the education sector.

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