N5 Billion Scam: EFCC Arrests Babangida


Anti-graft agency (EFCC) has arrested former governor of Niger State, Aliyu Babangida, over N5 billion alleged fraud carpeted under his administration.

Aliyu Babangida

Aliyu Babangida

According to EFCC spokesman, Wilson Uwujaren, Aliyu was invited to the EFCC’s office on Tuesday and he has been in our custody since then.

“He was invited following an investigation into a scam involving about N5billion.” he said

The incumbent Governor of Niger State, Abubakar Bello, as well as the members of the Niger State House of Assembly, had called for a probe of Aliyu’s administration which they described as fraudulent.

Bello said there were several questionable transactions the former administration must account for and such transactions were discovered by the financial management committee set up by his administration.

Bello had lamented that one of such discrepancies was discovered in the state and local government joint account where a massive fraud was allegedly perpetrated.

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