EFCC Arrest Former Minister, Yuguda, Others Over Arms Procurement Deal

By admin on

Share on facebook Yahoo mail icon Gmail icon

Views: 924


The Economic and Financial Crimes Commission, EFCC, has arrested a Former Minister of State for Finance Bashir Yuguda over alleged arms procurement deal from the last administration.

He was arrested on Monday, November 30th, alongside other top officials from the former National Security Adviser, Sambo Dasuki.
Yuguda’s arrest was in connection with a huge amount of money; “running into billions” traced to him from funds meant for arms procurement.
The transfers were said to have been made to his account between December 2014 and May 2015.
The former minister also allegedly received 775 million Naira from the office of the Accountant General of the Federation for unclear reasons.
He is also alleged to have received another 1.275 billion Naira from a conglomerate, Stallion Group, during the last presidential election campaign.
He is currently being interrogated by the anti-graft agency, alongside others.

 

Posted on December, 1 2015

Share on facebook Yahoo mail icon Gmail icon


You may also like...
11 people reported dead after eating toxic rice...

BREAKING: APC Lawmakers serve Ortom impeachment notice

Breaking News - DSS and Soldiers invade Eziuche...

Re- Clash between the Military and IPOB members...

PHOTO NEWS: Okezie Ikpeazu means business when he...

Trump elected America's 45th President

Ronaldo retains FIFA award for world's best player...

Gov. Lalong dissolves cabinet

Phil Jones ruled out for up to three...

You're a blessing to Abia, Eze Enweremadu tells...

Court Orders Army, AGF to produce WHO staff...

Lauretta is an ugly duckling that washes toilets...
News Abia Election Special (3) Abia Supplementary Polls Update (18) Abia Supplementary Result update (22) Appointments (8) Breaking News (196) Business (42) Campus News (3) Crime (124) Economy (112) Education (127) Entertainment (148) Fashion and Style (3) General (830) Health (109) Inside Africa (40) International News (303) Interviews (28) National (1946) Politics (970) Press Releases (116) Religion (9) Security (127) Sports (431) Technology (24) World News (87)

 

 

Advertisement

 

Latest News BREAKING: INEC releases final list of candidates for 2019 general elections Court orders Police to provide basis for detaining Dino Melaye Even if Pope is my running mate, Christians won’t vote for me - El-Rufai Buhari approves Adamu as acting IG as Idris bows out today I’m also hungry, Amaechi tells Nigerians at campaign rally Management of Abia Bailout funds and Paris Club refunds; Oshiomhole is confused CJN's Trial is illegal, it’ll end in prosecutorial misadventure –Falana Saraki says FG’s haste to arraign CJN shows corruption war is compromised CJN’s trial: N’Delta militants threaten to shut down oil wells Ignore CCT summons, South-South govs tell CJN

 

Most Read Islamic agenda for Nigeria – Pastor Bosun (24,156 views) The show of shame that sealed Justice Uzokwe’s fate (17,587 views) 47 YEARS AFTER, HIS EXCELLENCY, COMMODORE EBITU UKIWE (Rtd) MAKES THE “OFO NDI IGBO” RECIPIENTS LIST (17,206 views) Breaking News : Dr Okezie Ikpeazu resigns from Abia State Environmental Sanitation Agency (ASEPA). (7,750 views) Lawyers accuse Lagos Police of working for PDP (7,392 views) Radio Biafra delivers AM Transmitter (7,166 views) ‘Why fuel scarcity persists’ (6,199 views) Abiriba Kingdom Celebrates as Eze Kalu Kalu Ogbu (IV) marks 14th year on the throne (5,849 views) Nurse Justina Obi Ejelonu, one of the nurses that contracted Ebola virus is dead!!! (5,809 views) Breaking News : 2015 - Abaribe withdraws from Abia guber race, backs Ikpeazu (5,579 views)