A silent storm is currently brewing at the Federal Airports Authority
of Nigeria (FAAN) where a level grade 6 officer, Christy Olabode,
has been named in the diversion and theft of at least N70 million
belonging to the agency. Ms. Olabode, who works in the accounts
department at the agency’s headquarters at Murtala Muhammed
Airport (MMA), reportedly stole the funds by manipulating furniture
allowances between 2013 and 2016.

A silent storm is currently brewing at the Federal Airports
Authority of Nigeria (FAAN) where a level grade 6 officer, Christy
Olabode, has been named in the diversion and theft of at least N70
million belonging to the agency.

Ms. Olabode, who works in the accounts department at the
agency’s headquarters at Murtala Muhammed Airport (MMA),
reportedly stole the funds by manipulating furniture allowances
between 2013 and 2016.
Several sources at the agency, one of them a management staff,
told our correspondent that Ms. Olabode also creamed off funds by
regularly using the names of deceased or retired staff of FAAN to
draw funds from the agency’s accounts.
“The whole fraud was detected by the Information and
Communications Technology (ICT) department earlier in July,” one
of our sources disclosed. He added that FAAN management then
issued a query to Ms. Olabode, disclosing that the alleged
fraudster ignored the query.
One other source said Ms. Olabode’s defiant attitude and the
management’s failure to call in law enforcement agents have
fueled suspicion that “Mrs. Olabode might have committed the
financial fraud in collaboration with some top managers and
directors in FAAN. These same managers and directors are trying
frantically to thwart further investigation into the scam.”
The alleged fraud started during the scandal-prone tenure of Stella
Oduah as Minister of Aviation.
Our sources said it was likely that banks officials were involved in
the scam.
SaharaReporters obtained documents showing some of the names
Ms. Olabode used to divert funds. In August 2013, the sum of
N2,719,699.92 was lodged into an Eco Bank account, 2501016701,
bearing the name of Paul Amaechi Ihedinihu, a GL 14 officer. In
December of the same year, a deposit of N2,719,699.92 was made
into an account number, 0059963039, in the name of Bright E.
Ogbonna at Access Bank. N2,719,699.92 was deposited in the
name of Yahyah A. Sadiq in a Guaranty Trust Bank 0035237900;
N1,493,903.52 into another Guaranty Trust Bank account,
0113269817, in the name of Yunus Olaniyan Agboola. Ms. Olabode
also funneled N2,184,168.96 into a Diamond Bank account,
0031963629, in the name of Adamu Sanusi.
Other names used in the extensive scam included Hurso
Muhammed Hurso, Nnamdi T. Onuchukwu, Haruna Umar, John
Uwabuafia Ofodu, Godday Otunaya, Isaac Joel Okwodu, Blessing
Inye Pepple, Habibu Abubakar Adamu, and Emmanual Gloria Ewoh.
Other banks in which illicit deposits were made included Oceanic
Bank, Fidelity Bank, First City Monument Bank and First Bank.
SaharaReporters learned that Ms. Olabode’s husband is also a
staff of the human resources department at FAAN.
Our sources said numerous staff members were amazed that the
only action taken by the agency’s management was to redeploy
Ms. Olabode from the computer room of the accounts department
to a different section in the same department. “Many of us believe
she should have been suspended in order to allow for free
investigation into the matter,” one source stated.
Some of our sources said the management of the agency seemed
scared to invite agents of the Economic and Financial Crimes
Commission (EFCC) to investigate Ms. Olabode’s financial
malpractices. “May be they [management] are afraid that, if the
EFCC gets involved, then some other scams in FAAN may be
exposed.”
There had been recent allegations of fraud against FAAN’s
managing director, Saleh Dunoma. Some of the agency’s
management staff alleged that the MD owns a stake in a hotel in
Singapore and a shopping mall in Dubai.

But based on the first hand story i heard its over 150,000,000


Source. https://saharareporters.com/2016/08/02/aviation-fraud-federal-airports-authority-nigeria’s-level-6-officer-embezzles-n70-million

Cc: lalasticlala

Sahara reporters

Profnedu:
Sahara reporters

i even heard it b4 sahara but they ddnt want to invite EFCC because many heads will roll