EFCC Reveals Name Of Governor Building $3million Hotel In Lagos With Paris Loan Club Refund

Zamfara State Governor and Chairman of the Nigeria’s Governors’ Forum, Abdulaziz Yari has been identified by Economic and Financial Crimes Commission (EFCC), to be the owner of a hotel being constructed with $3million from the London-Paris Club loan refund.

According to SaharaReporters, he diverted N19billion reportedly meant for “consultants” from the Paris club loan refund.

The money had been illegally paid into the account of the NGF by Nigeria’s Minister of Finance, Kemi Adeosun and the Central Bank of Nigeria (CBN).
EFCC-e1444332814147



It is understood that the hotel is a 100-room property situated in Lekki area of Lagos.

EFCC officials say they plan to take over the hotel, as soon as they obtain a court order.

Apart from the $3million, Governor Yari is said to have diverted N500million from the Paris Club refund, to pay off a loan. Overall, the Governor is said to have allegedly embezzled the sum of N2.2billion from the N19billion set aside illegally to pay “consultants.”

Comments

Post a Comment

Popular posts from this blog

A woman got pregnant for her son and got married in magistrate court in Zimbabwe

Image
Zimbabwe-A woman married her own son yesterday. The woman and her son claim to be in love with each other and they decided take their relationship to the next level and get married considering that the mother, Betty Mbereko (from Mwenezi in Masvingo) is now six months pregnant and expecting her son’s child, and her grandchild. Mbereko, 40, has been a widow for the past 12 years and has been living with her 23-years-old son Farai Mbereko. She confirmed that she is six months pregnant and that she has decided it is better to “marry” her son because she does not want to marry her late husband’s young brothers, whom she says are coveting her. Betty stunned a village court last week when she said the affair with her son had begun three years earlier. She said after spending a lot of money sending Farai to school following the death of her husband, she felt she had a right to his money and no other woman was entitled to it. “Look, I struggled alone to send my son to school a
Read more

Head Of Service Of The Federation Gives Father of Abuja Quintuplets A House, Job

Image
Mrs Winifred Oyo-Ita, Head of Service of the Federation has promised to give a house to the couple who recently delivered quintuplets at the National Hospital Abuja. She said that the house will be given under the Federal Integrated Staff Housing (FISH) Scheme. Oyo-Ita who made the promise while visiting the children on Saturday in Abuja also promised Mr Imudia Uduehi, father of the quintuplets who is a graduate from the University of Ilorin, Kwara state a job with the Federal Civil Service. She described the children as great blessings given to the couple by God on a platter of gold. She said the job offer to Uduehi would enable him cater for the children. “I am very happy for you and I am standing here this afternoon representing the entire civil service of Nigeria. Today is a day of joy for all of us. “Indeed you are a couple that has been so blessed by God. You have been married for just two years and God has blessed you with five children at once. “I want to tell y
Read more

I wrote JAMB seven times, says LASU’s best

An expectant mother, Mrs. Elizabeth Orefuwa, was the centre of attraction at the 21st convocation of the Lagos State University (LASU) yesterday. She is the best graduating student with a Cumulative Grade Point Average of 4.74 in Accounting Education. Besides Shobowale Olumide Adekunle, the best graduating student in the Faculty of Engineering, others were women. Lawal Amidat Abiola topped the Faculty of Law; Oshikomaya Christy Kemi led the School of Transport. Oduntan Saidat Abimbola and Bello Adebola Oluwadamilola topped the School of Communications and College of Medicine. Herietta Ugwoma led the Faculty of Social Sciences; Oyerinde Faith Temilola shone at the Faculty of Science. The Vice Chancellor, Prof Lanre Adigun Fagbohun, said there were 36,481 graduating students. Delivering her convocation speech, Orefuwa recalled how she sat for JAMB six times before she secured admission in 2012. Orefuwa, who is also a chartered accountant, said but for her father’s insis
Read more