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Friday, April 21, 2017

EX-COMMISSIONER ON THE RUN AS N6 BILLION WAS TRACED INTO HIS ACCOUNTS


The Economic and Financial Crimes Commission says it may declare a former Commissioner of Local Government in Niger wanted after a further N2 bn was traced to his UBA account by the
agency .

EFCC sources on Friday in Abuja said that the discovery brought to N6 bn funds traced to accounts held by the politician and companies linked to him .

The Commission had some weeks ago traced N4 bn to two accounts in GTBank, both linked to him .

The first account belongs to Sadiq Air Travel Agency Ltd . and the second belonged to him .

Sources at the Commission , however , said that the politician who was a governorship aspirant of the Peoples Democratic Party in the 2015 election has been elusive .

“ He is on the run and all efforts to track him down have been futile. The next option left for the Commission is to declare him wanted , ” the source said .

The source further disclosed that investigations so far pointed in the direction that the funds were syphoned from the Local Government Joint Account of Niger .

It said that the Commission desperately wanted the politician so as to confront him with the available evidence.

The source said that the former commissioner is believed to rake in a monthly interest of over N33 m on the fixed deposits.
( NAN)

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