Thursday 12 May 2016

EFCC Detains Former Minister of Finance, Ambassador Bashir Yuguda

The Economic and Financial Crimes Commission, EFCC, has detained a former Minister of Finance, Ambassador Bashir Yuguda, over his alleged involvement in the 115million dollars bribe which was distributed by a former Minister of Petroleum Resources, Diezani Alison-Madueke.
The EFCC said in a statement that the former minister who is a chieftain of the Peoples Democratic Party, allegedly diverted 450million naira out of the money.
The money, which was distributed through a commercial Bank, was said to have been used in bribing officials of the Independent National Electoral Commission, INEC, during the 2015 presidential election.

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