Thursday, March 28, 2024
spot_imgspot_imgspot_imgspot_img
HomeNewsEFCC arrests Ex-Zamfara Gov Yari over N84bn Accountant-General fraud

EFCC arrests Ex-Zamfara Gov Yari over N84bn Accountant-General fraud

The Economic and Financial Crimes Commission has arrested a former Governor of Zamfara State, Abdul’Aziz Yari, as part of investigations into the N84bn fraud involving the suspended Accountant-General of the Federation, Ahmed Idris.

Sources in the EFCC told newmen that Yari and the Chairman of a firm, Finex Professional Services, were arrested around 5pm on Sunday over a N22bn deal.

An operative of the commission who wished to remain anonymous because he was not authorised to speak to the media, said, “On May 29, the EFCC arrested a former governor of Zamfara State, Yari, and Anthony Yaro, Chairman and Managing Director of Finex Professional for their alleged role in N84bn fraud involving former Accountant General of the Federation.

“Yari who was picked up at about 5pm allegedly benefited to the tune of N22bn through Finex Professional, from the N84bn which the former AGF paid one Akindele.”

The EFCC Spokesman, Wilson Uwujaren, did not respond to calls on Sunday.

The Accountant-General was arrested about two weeks ago for approving some bogus contracts.

The EFCC had said, “The commission’s verified intelligence showed that the AGF raked off the funds through bogus consultancies and other illegal activities using proxies, family members and close associates. The funds were laundered through real estate investments in Kano and Abuja.”

According to report that the commission traced at least 17 properties to Idris.

An official of the EFCC, who wished to remain anonymous, said the properties traced to Idris are located in Kano, Lagos, Abuja, Dubai and London.

He, however, said preliminary investigations showed that the nation’s chief accountant allegedly used proxies to buy some of these properties. The commission would therefore need to invite some of the proxies of the accountant-general.

Former Governor Yari, who just won a senatorial ticket of the All Progressives Congress in Zamfara State, has been under investigation for the last five years for allegedly diverting billions of naira from the Paris Club refunds. Some of the funds have been forfeited to the Federal Government.

CULLED FROM PUNCH

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -
Google search engine

Most Popular

Recent Comments

sildenafil generic australia on Abandoned IDP Camp Discovered In Kaduna
Daniel Grace on WORLD DOWN SYNDROME DAY
Danjuma Saddiq on THE CONSPIRACY IN SOKOTO
Yakkon Damaryam on The War against Glaucoma
Shehu Danbaki on IMG-20181125-WA0070
Seth Yamusa on Hon Danjuma Peter Averik
Ibraheem Awowole on MEET OUR PATHFINDER FOR OSUN 2018
Amb. Hoom'Suk. on Sarauniya Beauty Pageant 2017