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

By admin on

Share on facebook Yahoo mail icon Gmail icon

Views: 1,142


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...
Do not dismiss Obasanjo's comment, Soyinka tells FG...

Group Writes Buhari,Warns Orji Uzor Kalu Over Plot...

Charge Maina to court now, Falana tells EFCC...

Imo Bomb explosion kills 3 -Police

NNPC Shuts Down Kaduna & Warri Refineries

Abia State House Of Assembly Tasks Security Agencies...

Rivers State is not Amaechi's property – Wike...

Man gets life imprisonment for defiling 12-year old...

IPOB: Kanu's Utterances has brought untold hardship -...

Oritsefemi's Ex-Manager's Mom Grants Interview, Says Singer Ungrateful...

Breaking: President Buhari departs Abuja for a medical...

20 more exotic cars for Reps arrive
News Abia Election Special (5) Abia Supplementary Polls Update (18) Abia Supplementary Result update (22) Appointments (11) Breaking News (204) Business (51) Campus News (5) Crime (173) Economy (130) Education (155) Entertainment (169) Fashion and Style (4) General (1115) Health (119) Inside Africa (45) International News (310) Interviews (36) National (2043) Politics (1182) Press Releases (141) Religion (10) Security (155) Sports (457) Technology (29) World News (87)

 

 

Advertisement

 

Latest News Security agencies attack, disrupt gathering of Soyinka, others in Lagos We are laying foundation to lift 100 million Nigerians from poverty — Buhari German govt repatriates Nigerians 48 hours after Ekweremadu’s attack Ekweremadu : PDP were main cheerleaders of IPOB, they owe Nigerians an apology - APC The Attack On Ekweremadu Cannot Be Justified Under Any Guise – PDP NASU, SSANU Commence Warning Strike N1.2million Fraud: Maurice Iwu meets N1bn bail condition Buhari did not ban food importation - Garba Shehu Abia govt has not received new Tranche of Paris Club refund - Organised Labour Ekweremadu: Attackers must face consequences of their actions - Abike Dabiri-Erewa

 

Most Read Islamic agenda for Nigeria – Pastor Bosun (25,518 views) 47 YEARS AFTER, HIS EXCELLENCY, COMMODORE EBITU UKIWE (Rtd) MAKES THE “OFO NDI IGBO” RECIPIENTS LIST (21,507 views) The show of shame that sealed Justice Uzokwe’s fate (18,051 views) Breaking News : Dr Okezie Ikpeazu resigns from Abia State Environmental Sanitation Agency (ASEPA). (8,908 views) Abiriba Kingdom Celebrates as Eze Kalu Kalu Ogbu (IV) marks 14th year on the throne (8,210 views) Lawyers accuse Lagos Police of working for PDP (7,929 views) Ebola virus in Syria – Infecting ISIS members (7,841 views) Radio Biafra delivers AM Transmitter (7,663 views) Cojoined Twins Abby And Brittany Hensel Pose in Bikini (7,530 views) ‘Why fuel scarcity persists’ (7,022 views)