April 12, 2017
Big Looter Flees As Whistle-Blower Exposes N4bn In Secret Accounts
The EFCC said in a statement by its spokesman, Mr. Wilson Uwujaren, that the money belongs to a former deputy governorship candidate.
The commission, however, did not reveal the identity of the candidate but he's from Niger State.
According to the anti-graft agency, the money was found based on a tip-off from a whistle-blower.
The EFCC added that the suspect was on the run as well as the account officer who was in charge of the accounts.
The statement read in part, “A tip-off by a whistle-blower on Tuesday led to another discovery by the EFCC of a staggering sum of N4bn suspected to be proceeds of crime. Investigations as to the owner of the funds revealed that the money belongs to a former deputy governorship candidate in Niger State.
“The suspect used the names of two companies – Katah Property & Investment Limited and Sadiq Air Travel Agency – in laundering the funds. Each of the company has N2bn fixed in its deposit account domiciled in Guaranty Trust Bank.
“The suspected owner of the account and the account officer are currently on the run.”
Recalled that the EFCC had recently commenced investigations of the immediate-past Governor of Niger State, Babangida Aliyu, and some other key members of his administration.