EFCC Investigates Nyako’s Son

The Economic and Financial Crimes Commission (EFCC) have arrested the son of former Adamawa State governor Murtala Nyako, Abdul Aziz Nyako.

Abdu Aziz Nyako was declared wanted by the EFCC two weeks ago and was reportedly eventually arrested in Gombe state today.

A statement by the EFCC Press secretary revealed that he’s under scrutiny for abuse of office as well as money laundering.

“Specifically, he will have to explain how over N15billion funds belonging to Adamawa State was laundered into the accounts of five companies owned by him- Blue Opal Nigeria Limited, Crust Energy Nigeria Limited, Blue Ribbon Multilinks Limited, Tower Assets Management Limited and Blue Ribbon Bureau De Change.

“The funds was funneled into the accounts of the companies from Adamawa State accounts domiciled in a new generation bank by the account officer, who incidentally is the manager and an in-law to Nyako,” he stated.

“The manager claimed he transferred the funds through verbal instruction from the former governor for purposes, which are not stated.”

“Investigations revealed that from 2007 to 2011, within Nyako’s tenure in office before he was impeached in 2014, he had directed that all the state-owned accounts domiciled in various banks be transferred to the new generation bank.”

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