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Nairaland Forum / Nairaland / General / Politics / BREAKING:EFCC Arrests Governor Sule Lamido’s Sons Over Alleged N10billion Fraud (507 Views)
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BREAKING:EFCC Arrests Governor Sule Lamido’s Sons Over Alleged N10billion Fraud by johntousin(m): 11:28am On Nov 15, 2013 |
http://premiumtimesng.com/news/149632-breaking-efcc-arrests-governor-sule-lamidos-sons-over-alleged-n10billion-fraud.html The Economic and Financial Crimes Commission has arrested two sons of Jigawa state governor, Sule Lamido, over an alleged N10billion fraud. Aminu and Mustapha Lamido were arrested Thursday in Kano and flown to Abuja on Friday morning, and are currently being interrogated at the EFCC headquarters in Abuja by a crack team of detectives. The arrest of the governor’s sons, insiders say, is in furtherance of the investigation that commenced in December 2012 when Aminu Sule Lamido was arrested at the Mallam Aminu Kano Airport en route Cairo, Egypt for failure to declare the $50,000 he had on him. Although Aminu has since been prosecuted and convicted by a Federal High Court in Kano, investigation as to how he came by the money has led investigations to uncover a web of money laundering in which billions of naira from Jigawa state government accounts are funnelled into the accounts of companies run by the Jigawa state governor and his two sons. Over N10billion is said to have been transferred from Jigawa state government accounts into the accounts in which Sule Lamido and his two sons have interest from 2007 till date. The Commission is said to have traced these transfers to 10 companies where Lamido and sons are directors and signatories to the account. The companies include Bamaina Alluminium Limited, Bamaina Holdings Limited, Bamaina Company Nigeria Limited, Rawda Integrated Services Limited, Speeds International Limited and Saby Integrated Nigeria Limited. The account of these companies received huge cash inflow between 2007 and 2013, a period that coincide with the tenure of Sule Lamido as governor of Jigawa state. For instance in Bamaina Aluminium where Sule Lamido and his two sons are directors, investigations revealed that the company’s account controlled by Mustapha as signatory received total credit of N1.52billion between January 2010 and August 2013. It recorded a total debit of the same amount, with Mustapha and other companies in which Lamido and his sons are directors, being the beneficiaries. In the same vein, Bamaina Holdings Limited’s account with the governor as sole signatory received a total of N1.19billion between February 2007 and July 2013. About N1billion was paid from this account into accounts of companies controlled by the governor and his sons. |
Re: BREAKING:EFCC Arrests Governor Sule Lamido’s Sons Over Alleged N10billion Fraud by VICTORCIZA(m): 11:32am On Nov 15, 2013 |
He should be sent to jail Asap |
Re: BREAKING:EFCC Arrests Governor Sule Lamido’s Sons Over Alleged N10billion Fraud by samuelkaykay(m): 11:37am On Nov 15, 2013 |
EFCC breezeeeeeee |
Re: BREAKING:EFCC Arrests Governor Sule Lamido’s Sons Over Alleged N10billion Fraud by tobechi20(m): 12:06pm On Nov 15, 2013 |
Like father like son |
Re: BREAKING:EFCC Arrests Governor Sule Lamido’s Sons Over Alleged N10billion Fraud by idupaul: 1:08pm On Nov 15, 2013 |
samuelkaykay: EFCC breezeeeeeee Stella Oduah still aint in jail ooo |
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