Wednesday, June 29, 2022

Why we arrested ex-Gov. Yari – EFCC

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Ibrahim Ramalan
Ibrahim Ramalan is a graduate of Mass Communications from the Ahmadu Bello University (ABU) Zaria. With nearly a decade-long, active journalism practice, Mr Ramalan has been able to rise from a cub reporter to the exalted position of an editor; first as Arts Editor with the Blueprint Newspapers before resigning in 2019; second and presently as an Associate Editor of the Daily Nigerian online newspaper. He can be reached via [email protected], or www.facebook.com/ibrahim.ramalana, or @McRamalan on Twitter.
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The Economic and Financial Crimes Commission, EFCC, says it arrested former Governor Abdulaziz Yari of Zamfara over alleged involvement in the N84 billion fraud allegation against the former Accountant General of the Federation, AGF, Ahmed Idris.
An authoritative source in the EFCC disclosed this to the News Agency of Nigeria on Sunday in Abuja.
 The source said the Chairman and Managing Director of Finex Professional, Anthony Yaro was also arrested alongside the former governor.
 
He said the duo were arrested on Sunday over their alleged role in the fraud allegation.
According to the source, Yari who was picked up at about 5 pm on Sunday, allegedly benefited to the tune of N22 billion through Finex Professional.
The source said the amount was paid to one Akindele by the former AGF from the N84 billion through Finex Professional.
Recall the former AGF was arrested on May 16 over alleged  diversion and laundering of N84 billion.
 

Verified intelligence reports showed that Idris, allegedly raked off the funds through bogus consultancies and other illegal activities using proxies, family members and close associates.

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Reports said the funds were laundered through real estate investments in Kano and Abuja.

NAN

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