Former Finance Minister Arrested Over Arms Deals

Tue, Dec 1, 2015
By publisher
2 MIN READ

BREAKING NEWS, Politics

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OPERATIVES of the Economic and Financial Crimes Commission, EFCC, on Monday, November 30, arrested Bashir Yuguda, former minister of state (Finance) for allegedly receiving N1.5 billion from the National Security Adviser, NSA’s office for undisclosed reasons.

Yuguda was said to have being interrogated for allegedly collecting N1.275 billion from the Stallion Group during the campaign for the last general election and N775 million from the Office of the Accountant-General of the Federation.

Also arrested on Monday, were Shaibu Salisu, a former director of finance and administration in the NSA’s office during the tenure of Sambo Dasuki, a retired colonel; Sagir Bafarawa, Abbah Mohammed and Haliru Mohammed who are both the sons of former Governor Attahiru Bafarawa of Sokoto State and Mohammed Bello Haliru, former national chairman of the Peoples Democratic Party, PDP.

Sagir Bafarawa was alleged to have acted as front for his father through which he allegedly received $4.6 billion from the NSA’s office.  Abbah Mohammed reportedly got N600m in the name of Bam Properties.

Sources said no fewer than 18 other persons, including military chiefs, were also being investigated in connection with some fraudulent arms deals.

Wilson Uwujaren, EFCC spokesman, who confirmed the arrests, simply said “We have arrested them and investigation is ongoing.”

—  Dec 1, 2015 @ 13:10 GMT

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