BREAKING: EFCC Prosecutes Former Governors, Ministers Over N4.92 Trillion Fraud (FULL LIST)

EFCC is prosecuting former governors and ministers for over N4.92 trillion in fraud.

NewsOnline Nigeria reports that the Economic and Financial Crimes Commission (EFCC) has announced the successful prosecution of four former governors and two former ministers over the past 12 months under the leadership of Executive Chairman Ola Olukoyede.

During a press briefing in Abuja on Thursday, Olukoyede, represented by the agency’s Director of Public Affairs, Wilson Uwujaren, highlighted the commission’s significant achievements in asset recovery and fraud prevention.

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He stated that high-profile figures charged include former governors Yahaya Bello (Kogi), Abdulfatah Ahmed (Kwara), Willie Obiano (Anambra), and Darius Ishaku (Taraba) for serious allegations involving billions in state funds.

He disclosed that the EFCC has also charged former ministers Saleh Mamman and Olu Agunloye for misappropriating funds from the Mambilla Hydroelectric Power Project (N33.8 billion and $6 billion, respectively).

Hadi Sirika faces two cases, including fraud involving N5.8 billion.

He explained that the investigation continues into Betta Edu, the sacked Minister of Humanitarian Affairs, for alleged misconduct, with N30 billion recovered and 40 linked bank accounts under scrutiny.

Olukoyede emphasized that the EFCC is tackling illegal vote trading and has pursued individuals involved in vote-buying during recent elections.

The EFCC announced, “In Ola Olukoyede’s one year as EFCC Chairman, from October 18, 2023, to October 18, 2024, the Commission has charged four former governors—Yahaya Adoza Bello (Kogi), Abdulfatah Ahmed (Kwara), Willie Obiano (Anambra), and Darius Dickson Ishaku (Taraba)—to court for alleged corruption.

“The Commission under my watch secured 3,455 convictions across all categories of financial crimes and corruption. The monetary asset recoveries have been noteworthy as well, with N248,750,049,365.52 recovered in Naira. In the same year, the EFCC recorded $105,423,190.39 in foreign currencies, demonstrating a strong focus on asset recovery.

“We have a comprehensive docket of cases that span various sectors of society, including the mining sector.

“On former Minister of Humanitarian Affairs and Poverty Alleviation, Betta Edu, when the investigation began, we provided updates on our progress. The Chairman mentioned monitoring over 40 accounts, which takes time to review thoroughly. These matters are ongoing.”