Acting Chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu has narrated how two army officers allegedly colluded with two employees of the United Bank for Africa Plc to divert the sum of N339m from the account of the Military Pensions Board.

Magu in a letter to the Chief of Defence Staff, said the suspects opened 33 accounts with UBA into which the MPB’s funds were diverted.

The acting EFCC Chairman said in his letter with reference number EFCC/EC/CDS/66/16 that the total sum of N339,374,478.58 was withdrawn from the MPB account across the counter or transferred to other accounts in the bank.

The suspects are Wing Commander Ishaka Yakubu; and an Assistant Director, Computer, with the MPB, Lieutenant Commander Akinbamidele Odunsi.



Magu in the letter said “Investigation discovered that fraudulent accounts were opened by the Business Manager, Mrs Violet Ofoegbunam, and relationship manager, Mrs Kolade Aderemi Abidemi, thereby compromising the ‘Know Your Customer’ requirements with the connivance of the two military officers.

“Thirty-three accounts were identified to have fraudulently received payments to the tune of N339,374,478.58 from Military Pensions Board between April and June 2016.”

He noted that all the 33 accounts into which the money was diverted had been frozen.

He said out of the stolen N339m, the sum of N314m had been recovered and kept in the EFCC Recovery Account.

READ MORE: https://ynaija.com/soldiers-bankers-diverted-military-funds-33-bank-accounts-magu/

Magu please do your homework well

I need just 10 scapegoat

To do what with them?

Ok

I still dey wonder if this is from lie mohammed kingdom

Later, we will hear that it did not happen that way. All the lies that has come out so far before this, the people involved have come come out to put the record staight, but because of hatred, some mumu did not believe. I must say that EFCC is a disgrace under magu

A very thorough investigation should be carried out and the damned military officers locked up. How can people be so evil minded

sarrki:
Magu please do your homework well

I need just 10 scapegoat

You think any rich person or persons would be scape goated in this country? EFCC will only retrieve out of those money, but if you're waiting for conviction, my brother our flag na still green white green oooo!

OK

Magic thread softly ooo....

Wicked people everywhere....

For NCAN... All zone fully represented

Nonsense as usual
All these media hogwash won't take us anywhere....
Since they are not yet in jail why are you singing like a parrot

lol

Oya.... Drama continues.. Boycotting d national money

These are the reasons so many forces are working hard to get him removed.

They prefer the mindless stealings but still the noisiest about how things are wrong.

How insane!

Corruption has already killed Nigeria! We're in the point of no return!

Always publish the names of these looters that way it'll go a long way in curbing crime rates

Tell us when you secure convictions in the court room. Enough of media trials. In the end, it does no good

No wonder they want him out so bad. Corrupt people

Names checked and I think there's some adherence to the provision of federal character here.