Acting EFCC chairman, Ibrahim Magu
The Economic and Financial Crimes Commission (EFCC) has uncovered fresh $12.9 billion arms deals fraud during the administration of ex-President Goodluck Jonathan.
The new development brings the arms deal fraud perpetuated by the previous administration to $15billion following an initial probe of only $2.1billion.
According to TheNation, as part of the ongoing investigation of the arms deals, the EFCC yesterday froze an account with $500million. The owner of the account was not revealed.
The anti-graft commission also seized houses from a former Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke.
Besides, a wrist watch worth £600,000 and jewelry in gold and diamond have been confiscated from Mrs Alison-Madueke, a source said.
These details were contained in an update on the ongoing investigation of the arms deals by the Office of the National Security Adviser (ONSA) under the former NSA, Col. Sambo Dasuki (rtd).
There are indications that many military officers may be questioned.
A source, who spoke in confidence on the investigation, said: “From our findings so far, the amount involved in the arms deals was over $15billion. The $2.1billion which you have written so much about is just one transaction into an account in the First Bank of Nigeria in New York.
Sambo Dasuki has been tried for $2.1bn arms deal
“They moved the money into the FBN account from where they were disbursing and re-routing the cash. Our priority is to recover these funds but we will still prosecute the individuals and companies involved.
“Most of these companies were incorporated by serving military officers and these officers were the sole signatories into the accounts of these companies.
“All these suspects are not showing remorse, they think that they can go away with …Read More
Source:: PM Newspaper
