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Tuesday 1 December 2015

EFCC arrests former minister of state for Finance during GEJ's administration

A former Minister of state under former President Jonathan's administration, Ambassador Bashir Yuguda, has been arrested and is being interrogated by operatives of the Economic and Financial Crimes Commission (EFCC) over allegations of receiving money running into Billions of Naira which he cannot account for while he was in office.

The large sums of money were allegedly transferred to him between December 2014 and May 2015. A source at EFCC said the former Minister who was picked up by 4pm today, is being interrogated for allegedly receiving some huge amount of money from the office of the former National Security Adviser, Colonel Sambo Dasuki, who is being investigated over a two billion dollars arms deal.

The source said some of the monies allegedly traced to Bashir's account include N1.2 billion Naira paid to him by the office of the NSA through a company and for unclear reasons. He is also allegedl to have received N775 million from the office of the Accountant General of the Federation for unclear reasons. He is alos alleged to have received another N1.275 billion from a conglomerate, Stallion Group, during the last presidential election campaign.

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