Tag: Alleged fraud

Alleged Subsidy Frauds: States poised for showdown, demand petrol consumption records from NNPC

Aminu Imam

The Federation Account Allocation Committee (FAAC) has asked the Nigerian National Petroleum Company (NNPC) Ltd. to submit state-by-state consumption of Premium Motor Spirit (PMS), otherwise known as petrol, to its ad-hoc committee. The directive is contained in the FAAC Post Mortem Sub-Committee (PMSC) final report submitted to the whole house at its July 2022 meeting in Abuja. Consumption of PMS has been a major concern to members and it was raised severally at the FAAC plenary. “Therefore, in order to ascertain the consumption, the Sub-Committee also requested the relevant Agencies…

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EFCC probes Supreme Court secretary Gambo Saleh over N10 billion loot, federal racketeering

Aminu Imam

The Economic and Financial Crimes Commission, (EFCC), has launched a probe into the alleged racketeering by Supreme Court Chief Registrar, Ahmed Gambo Saleh, said to have gobbled up over N10 billion in bribes from court contractors and other persons with criminal cases with the judiciary. According to sources familiar with the matter who spoke with newsmen, said the probe was prompted by the tip-off from a whistle-blower who petitioned EFCC to look into the activities of Saleh, accused of feeding fat on the court’s funds and leaving vital projects to…

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N109.5bn Fraud: How suspended Accountant-General, Idris compromised TSA, IPPIS, for personal gains – EFCC

Aminu Imam

The Economic and Financial Crimes Commission, (EFCC) yesterday revealed fresh facts on how former Accountant-General of the Federation, (AGF), Ahmed Idris, compromised the Treasury Single Account, (TSA), Government Integrated Financial Management Information System, (GIFMIS), Integrated Payroll and Personnel information system, (IPPIS), and carted away billions of naira belonging to the Government. EFCC spokesperson, Wilson Uwujaren, made the revelation in an issued statement yesterday, in Abuja. Idris and his co-defendants: Godfrey Olusegun Akindele and Mohammed Kudu Usman are standing trial in an N109 billion fraud case before Justice A. O. Adeyemi…

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Alleged N109.5bn fraud: Court admits suspended AGF, others to bail

Aminu Imam

An FCT High Court yesterday granted the suspended Accountant-General of the Federation (AGF), Ahmed Idris and his co-defendants bail on terms and conditions given by the Economic and Financial Crimes Commission, (EFCC). Justice Adeyemi Ajayi, in her ruling, ordered that the defendants shall not leave the Federal Capital Territory without permission of the court and threatened to revoke the bail of any of them who fail to appear for trial. The court also stated that the defendants shall sign an undertaken that they will abide by the bail conditions by…

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Alleged N109bn Fraud: Court remands Ex-AGF Idris in prison

Aminu Imam

The Federal Capital Territory (FCT) High Court, Abuja, remanded the suspended Accountant-General of the Federation, Ahmed Idris and his co-defendants: Godfrey Olusegun Akindele, Mohammed Kudu Usman, in prison pending the determination of their bail applications. The trio were arraigned alongside a company, Gezawa Commodity Market and Exchange Ltd, on a 14-count charge bordering on gratification, abuse of office and money laundering to the tune of over N109 billion fraud. The presiding judge, Justice Adeyemi Ajayi, ordered that Idris and his co-defendants be kept in Kuje pending the hearing of their…

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N96bn Alleged Fraud: ‘Amaechi not qualified to run for president’ – Lawyer writes APC

Aminu Imam

A human rights lawyer, Kayode Ajulo, says the former Minister of Transportation, Rotimi Amaechi, is not eligible to contest for the 2023 presidential election. In an issued statement yesterday, Ajulo said section 137 (1)(i) of the 1999 Constitution prohibits Amaechi from running for office owing to the allegation of N96 billion fraud against him. Recall that Rivers State governor, Nyesom Wike, had set up a seven-man panel to probe Amaechi over the alleged withdrawal of N96 billion from the state’s treasury during his tenure as governor. The panel was said…

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Alleged Fraud: Wike says Amaechi, others may stand trial over sale of gas turbines

Aminu Imam

Barring last minutes change of mind, the former Rivers State governor and former minister of transport, Rotimi Amaechi and Mr. Tonye Cole, founder of Sahara Energy Ltd, and others may face trial over alleged fraudulent sales of four gas turbines, other valued state assets and diversion of state funds worth N96 billion. Recall that not too long ago, the Supreme Court dismissed the former minister’s appeal to stop an investigation into the activities of his administration as governor of Rivers State. Speaking on the apex court’s decision, Nyesom Wike, governor…

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‘Nigerian military leaders stole $15bn in arms deals within 20 years’ – Report

Aminu Imam

No less than $15bn (N6.1trillion, at N411 to a dollar) have been frittered away through fraudulent arms procurement deals in the last 20 years, according to a report by the Centre for Democracy and Development, (CDD). According to the report, the political and security elite have monetised the conflicts and the resulting humanitarian crisis. The report said successive presidents’ failure to rein in on corruption in the security sector has weakened Nigerian counter-terrorism capacity, allowing groups like Boko Haram to smoulder. The CDD asserted that despite promises by the current…

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Auditor-General’s office uncovers N48.426bn extra-budgetary spending by Federal Ministry of Agric.

Aminu Imam

The House of Representatives is set to investigate the Federal Ministry of Agriculture and Rural Development over extra-budgetary spending worth N48.426 billion, according to reports. The House on resumption from the Christmas and New Year recess expected to investigate the Ministry over the non-payment of eligible contractors despite the release of N98,961,267,652.50 in the 2018 Appropriation Act. The details were contained in the audit query issued by the Office of the Auditor-General of the Federation, (oAuGF), submitted to the House Committee on Public Accounts for further legislative action. Paragraph 2906…

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Alleged fraud: Babachir Lawal’s ‘grass-cutter case adjourned again

Aminu Imam

An FCT High Court, in Jabi Abuja, yesterday adjourned until Oct. 6 and Oct. 7 the trial of former Secretary to the Government of the Federation, (SGF), Babachir Lawal. Babachir is charged with 10 counts bordering on fraud, criminal conspiracy to diversion of over N544 million belonging to the Federal Government, in the award of contract in the removal of evasive plant species in the North-East. The EFCC also charged Hamidu, the former SGF’s younger brother, Suleiman Abubakar, Apeh Monday and two companies: Rholavision Engineering Ltd and Josmon Technologies Ltd.…

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