The Economic and Financial Crimes Commission, EFCC, have arrested a former Minister of State for Finance, Bashir Yuguda, for his supposed involvement in the sharing of the sum of N450m (Four Hundred and Fifty Million Naira) allocated to Zamfara State out of the $115m deposited in Fidelity Bank by the immediate past Minister of Petroleum Resources, Diezani Alison-Madueke, during the 2015 general elections.
Mr. Yuguda is one of the ministers in the administration of former President Goodluck Jonathan being investigated by the anti-graft agency.
On Wednesday, May 11, 2016, The EFCC quoted Mr. Yuguda of acknowledging to have collected N450 million in his capacity as chieftain of the People’s Democratic Party in his state.
Mr. Yuguda also specified that he supervised the sharing of the money in his home, a statement by EFCC spokesperson, Wilson Uwujaren, said.
“According to him, a former Secretary to the Zamfara State Government and member of PDP Presidential Campaign Committee 2015, Aminu Ahmed Nahuche, collected the sum of N450m allocated to Zamfara State from Fidelity Bank Plc.”
The former minister is still under investigation at the EFCC Kano zonal office, Mr. Uwujaren said.
How I shared N450m — Yuguda – https://t.co/4Ebh4ccZXm https://t.co/NDKwn2oJEY
RT @BizWatchNigeria: How I shared N450m — Yuguda – https://t.co/4Ebh4ccZXm https://t.co/NDKwn2oJEY
RT @BizWatchNigeria: How I shared N450m — Yuguda – https://t.co/4Ebh4ccZXm https://t.co/u1KQ0rpsDx