N367.5b Fraud: 18 Senators now under Investigation by EFCC

-

About 18 Nigerian Senators are currently under serious investigation by the Economic and Financial Crimes Commission (EFCC) for an alleged fraud of over N367.5b.

E-conner obtained a report that among the lawmakers being investigated, seven are currently trial while some of the cases date back to 10 years, the Nation Newspapers reported today. The cases against the members of the upper chamber are based on a variety of alleged fraud ranging from money laundering, misappropriation, unexecuted contracts, diversion of public funds to campaigns, and others to an amount of 367.5 billion naira.

E-conner learnt that a fact-sheet from the anti-graft agency on Monday, July 17, indicated that 11 of the senators under investigation are from the north while others are from the south. According to the fact-sheet, the cases against the lawmakers include: One or two senators (outside the list) are under investigation for their alleged involvement in the N19billion and $86million London-Paris Club refund in which seven governors have been implicated. An alleged N47billion embezzlement against a former governor now serving in the Senate, a senator is standing trial for alleged mismanagement of N1.2billion ecological funds; another allegedly diverted to other uses N1billion meant for the repair of a collapsed dam. The cases also include laundering of N40billion by a senator from the North-East; diversion of N3billion to campaign by a North-West senator; 149-count charge of mismanagement of N15billion by a senator from the north-central and the arraignment of a North-west Senator for allegedly N52billion fraud. There are N9billion case involving a senator from the South-East; N2.1billion contract fraud by a member of the upper chamber from the south-south; N10.2billion fraud traced to a senator from the north-west and N2billion diverted funds credited to a senator from the north-central.

As if these were not sufficient, two other aides of a Senator, who is being probed for alleged illegal deduction of N3.5billion from the London-Paris Club refund have been quizzed. Three new senators from the North-Central, South-East and South-West have been under investigation for some infractions, including alleged stamp duty collection fraud. Confirming the cases against the senators, an EFCC source who spoke on condition of anonymity said while seven of the lawmakers are on trial, 11 others will be prosecuted at the appropriate time.

“The case files of all these 18 senators are already with us. Seven of them are already on trial.

“But, certainly, 11 others will be prosecuted at the appropriate time. It may interest you that some agencies in a few international jurisdictions are interested in some of the cases against some of these senators".

Comments

Post a Comment

Popular posts from this blog

UNBELIEVABLE!!! See what this Prophet did to his Wife

-
Image
Prophet Emmanuel Obiechina of Soteria Bible Ministries has again shocked the world by the way he 'treated' his wife on his own Birthday.  This according to several sources was not 'unusual'  as they joined in the trail of the jaw-dropping moment. The Man of God who doesn't  fall short of misleading the Devil bombarded his wife on his birthday with lots and lots of graceful wishes and heartwarming lullabic prayers that his jealous audience only felt the Prophet was nothing other than an eptipome of a  true Christian husband and leader. And has the saying goes, "an eye for an eye",  the wife, Gloria Obiechina, did not hesitate to return the same gesture to her husband on the occasion of his Birthday by shocking her facebook followers with startling Birthday wishes post to the one she decribed as "the key to her heart": "Thank you Jesus!!!! Its my darlings birthday. Happy birthday to the love of my life, my hero, my confidant, the o...
Read more

Tillerson tells Lavrov: Russia's meddling led to mistrust!

-
Image
The US has cautiously raised concern over Russia's alleged interference in last year's presidential election and its effect on relations between the two nations. US Secretary of State Rex Tillerson said on Monday that he told Russian Foreign Minister Sergei Lavrov Moscow's meddling in the vote created "serious mistrust" between the two countries. "Russian meddling in the elections was certainly a serious incident," Tillerson told reporters after meeting Lavrov on Sunday on the sidelines of the ASEAN summit in the Philippine capital, Manila. "We talked about that in the discussion that we had with Mr Lavrov yesterday."  Grand Jury convened for US-Russia probe Tillerson said that he had tried to help Lavrov understand "just how serious this incident had been". "This had created serious mistrust and ... we simply have to find some way to deal with that," he said. Tillerson added that it was pointless to cut tied over dis...
Read more

At Last, FG offers Biafra to Nnamdi Kanu

-
Image
It was gathered that the leader of the Indigenous People of Biafra, IPOB, Mazi Nnamdi Kanu, yesterday, disclosed that the Federal  Government offered him Biafra Republic while in Prison with only the five South East States as the component parts but he rejected it. According to him, he rejected it because that did not constitute the complete Biafra, saying that he told them that he wanted a Biafra with Rivers and Benue States inclusive. The IPOB leader also claimed that he was offered an oil block and mansion in Dubai aimed at making him to abandon the cause but that he rejected them and insisted on the actualization of Biafra.
Read more