Fire On The Mountain! Fayose, Kwankwaso, Lamido Lands In Big Trouble As EFCC Is About To Do This To Them; See Details
The Economic and Financial Crimes Commission (EFCC) has revived its investigation into money laundering cases involving 13 former governors and several ex- ministers, with the total amount surpassing N853. 8 billion. This renewed focus on high- profile corruption cases signifies a significant step in Nigeria’ s ongoing fight against financial crimes.
According to reports, the implicated sum in cases involving former state leaders and ministers amounts to at least N772. 2 billion. The EFCC is also examining an alleged N81. 6 billion embezzlement within the Ministry of Humanitarian Affairs and Poverty Alleviation. Furthermore, a staggering $2. 2 billion is reported to have been misappropriated through money laundering and fund diversion, primarily within the defense sector.
Individuals implicated in mishandling the $2. 2 billion include former National Security Adviser Sambo Dasuki, late media mogul Raymond Dokpesi, former Sokoto State governor Attahiru Bafarawa, and ex- Minister of State for Finance Bashir Yuguda, among others. These funds, intended for arms procurement to combat terrorism, were allegedly laundered and misappropriated.
Notable figures under investigation in these cases include ex- governors Kayode Fayemi and Ayo Fayose of Ekiti State, Bello Matawalle of Zamfara State, Chimaroke Nnamani and Sullivan Chime of Enugu State, Abdullahi Adamu of Nasarawa State, Rabiu Kwankwaso of Kano State, Peter Odili of Rivers State, Theodore Orji of Abia State, Danjuma Goje of Gombe State, Aliyu Wamako of Sokoto State, Timipre Sylva of Bayelsa State, and Sule Lamido of Jigawa State.
The investigations span allegations ranging from non- remittance of pension funds to campaign fraud and massive money laundering. Notably, Matawalle, currently serving as the Minister of Defence in President Bola Tinubu’ s administration, is being probed for alleged N70 billion money laundering, while Fayemi and Fayose face allegations of N4 billion fraud and N6. 9 billion fraud, respectively.
The EFCC’ s renewed efforts underline the commitment to holding public officials accountable and tackling corruption at the highest levels of government. The outcomes of these investigations will be closely watched by the public, as they are expected to have significant implications for governance, the rule of law, and the ongoing fight against corruption in Nigeria.
