Home News Yahaya Bello used N829m of state funds to pay child’s school fees in advance – EFCC
NewsPolitics

Yahaya Bello used N829m of state funds to pay child’s school fees in advance – EFCC

569
₦110.4bn Fraud: Court Orders Ex-Kogi Governor Yahaya Bello to Appear for Arraignment

The Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, alleged that former Kogi State governor Yahaya Bello withdrew $720,000 (N829.3 million) of state funds through a Bureau de Change operator and used it to pay for his child’s school fees in advance.

This fresh revelation was revealed on Tuesday in a chat between EFCC chairman Olukoyede and journalists at the Commission’s headquarters in Jabi, Abuja.

A sitting governor, because he knew he was leaving office, moved money directly from the government to Bureau de Change (and) used it to pay his child’s school fee in advance, says Olukoyede.

Meanwhile, the anti-graft agency had attempted to prosecute Yahaya Bello on a 19-count charge of alleged money laundering of N80 billion.

Bello was allegedly whisked away by his predecessor, Usman Ododo, on April 17, 2024, on notice that the EFCC wanted to arrest him at his Abuja residence.

Bello has since been declared wanted on obstruction and failure to adhere to the law on financial crimes and placed on high alert on sight near the airport across the country by the Nigerian Immigration Service.

While he remains at large, evading the criminal charges against him, the EFCC Chairman vowed to follow the probing to a logical conclusion, saying that he would resign if Bello is not prosecuted.

He also vowed to prosecute those obstructing the agency’s operatives from arresting the former governor.

Read: Family Businesses play significant role in Nigeria’s economy – LBS

About The Author

Written by
Mayowa Durosinmi

M. Durosinmi is a West Africa Weekly investigative reporter covering Politics, Human Rights, Health, and Security in West Africa and the Sahel Region

Related Articles

NewsPolitics

Cotê D’Ivoire: Thousands Rally in Abidjan as Opposition Demands Electoral Reforms Ahead of October Election

Thousands of opposition supporters gathered in Abidjan on Saturday, May 31, to...

News

Togo Stops Issuing Mining Permits to Reform Outdated Mining Code

Togo has suspended the issuance of new mining permits for prospecting and...

News

ICYMI: Ghana Shuts Down Washington Embassy Over Visa Fraud Scandal

Ghana has temporarily closed its embassy in Washington, D.C., following the uncovering...

In a ministerial meeting of the Confederation of Sahel States (AES) held in Bamako on January 16, 2025, key decisions emerging from the session include establishing a Regional Investment Bank and launching transformative infrastructure projects across member states.
News

Confederation of Sahel States Moves to Establish Joint Judicial Body

The Confederation of Sahel States (CSS), comprising Mali, Niger, and Burkina Faso,...