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3 Major Reasons Why EFCC Detained Ex-Governor Of Niger State, Babangida Aliyu

babangida-aliyu

The Economic and Financial Crimes Commission (EFCC) is holding former Niger State Governor Babangida Aliyu for questioning over allegations of abuse of office and money laundering.

babangida-aliyu
Ex-Governor of Niger state, Babangida Aliyu

The former governor was invited by the EFCC on Tuesday to respond to the allegations and he had faced many hours of interrogations by a crack team in the EFCC, The Nation reported.

According to a source in the anti-graft agency, his sins are:

1. alleged to have diverted N2 billion Ecological Funds for political purposes.

2. alleged to have fraudulently sold the state’s stake in North South Power, the holding company for Kainji Dam. About 16 per cent of the state’s 26 per cent shares in the company was sold for N3.6 billion.
“Of this, N1.090 billion was paid to the Government House and used for the 2015 elections, where Aliyu’s protégé, Nasko, ran unsuccessfully as governor.”

3. Three companies were said to have benefited from the heist through contract awards. Among them a company that is owned by a former government official, which allegedly got a contract for which it was paid N847 million.4. Of this sum N800m was allegedly given to a former chief of staff who allegedly handed the money to the former governor.”

A company owned by a friend to Ibrahim Nasko, younger brother to a former Chief of Staff, Umar Nasko got N487m for a contract.

According to The Nation, the ongoing probe of the ex-governor has nothing to do with the petition to the EFCC by the Niger State Government on a N2.9 billion loan obtained in the twilight of his tenure.

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Written by nigeriahow

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