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

By admin on

Share on facebook Yahoo mail icon Gmail icon

Views: 796

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...
Abia State Govt Calls For Inclusion Of Women...

Crocodile Smile: Army arrests bishop, 18 others for...

Dr Okezie Ikpeazu makes a triumphant return to...

Don Jazzy Speaks On His Separation From Koko...

Alleged Assault of BCA Staff: Abia Ministry of...


Boko Haram pledges allegiance to ISIS

Army raids Kanu’s family home again

Resident Doctors suspends Strike

Plot to kidnap judiciary officers in Abia State...

Ikpeazu: Group blasts Abia APC over alleged falsehood...

Benue killings: You lied, Osinbajo replies Ortom
News Abia Election Special (3) Abia Supplementary Polls Update (18) Abia Supplementary Result update (22) Appointments (8) Breaking News (195) Business (40) Campus News (3) Crime (111) Economy (106) Education (116) Entertainment (144) Fashion and Style (3) General (786) Health (107) Inside Africa (40) International News (303) Interviews (28) National (1916) Politics (902) Press Releases (107) Religion (9) Security (125) Sports (431) Technology (23) World News (87)





Latest News Osun Election Re-run: A Compromised INEC is Murdering Nigeria's hard earned democracy FIRS gets N13 billion from defaulting taxpayers Declare Adeleke Osun poll winner, PDP tells INEC Buhari, Aisha arrive New York for UNGA INEC fixes Sept. 27 for Osun Governorship re-run election National Assembly pospones resumption to October 9 CAF Cup: Ikpeazu hails Enyimba for trouncing Rayon Plateau SSG resigns Ikpeazu restates commitment to accountability and transparency in governance Abia returns mission schools to owners


Most Read Islamic agenda for Nigeria – Pastor Bosun (22,935 views) The show of shame that sealed Justice Uzokwe’s fate (17,354 views) 47 YEARS AFTER, HIS EXCELLENCY, COMMODORE EBITU UKIWE (Rtd) MAKES THE “OFO NDI IGBO” RECIPIENTS LIST (15,145 views) Breaking News : Dr Okezie Ikpeazu resigns from Abia State Environmental Sanitation Agency (ASEPA). (7,337 views) Lawyers accuse Lagos Police of working for PDP (7,086 views) Radio Biafra delivers AM Transmitter (6,870 views) ‘Why fuel scarcity persists’ (5,721 views) Nurse Justina Obi Ejelonu, one of the nurses that contracted Ebola virus is dead!!! (5,455 views) 2015: Abia’s plethora of governorship aspirants (5,255 views) Breaking News : 2015 - Abaribe withdraws from Abia guber race, backs Ikpeazu (5,242 views)