Alleged N423bn Fraud: ICPC Nabs El-Rufai’s Finance Commissioner, Tightens Nose Around Ex-Governor

The New Diplomat
Writer

Ad

Details as Senate Screens, Confirms Musa as Minister of Defence

By Abiola Olawale The Senate on Wednesday screened and confirmed the immediate past Chief of Defence Staff (CDS), General Christopher Musa as the Minister of Defence. The New Diplomat reports that Musa was confirmed after a five-hour grilling by the lawmakers on Wednesday. During the screening, Musa, who answered questions from lawmakers, assured Nigerians of…

Controversy as Osun PDP Guber Candidate Adebayo ‘Fryo’ Adedamola’s Past Links to Bola Ige’s Murder Trial Resurface

By Abiola Olawale The recent emergence of Adebayo ‘Fryo’ Adedamola as the Peoples Democratic Party (PDP) gubernatorial candidate for the upcoming Osun 2026 election has triggered a massive political and media stir, bringing a decades-old, high-profile murder case back into the national spotlight. This comes as many Nigerians have raised concerns that ​Adedamola, who secured…

Ranked: The World’s Most Profitable Companies in 2025

Key Takeaways Alphabet, Apple, and Microsoft lead global profitability, each earning over $100B in net income. U.S. companies dominate the list, but major Asian and European giants also rank among the top earners. The ranking of the world’s most profitable companies in 2025 highlights a powerful concentration of earnings across technology, finance, and energy. The…

Ad

By Abiola Olawale

The operatives of the Independent Corrupt Practices and Other Related Offences Commission (ICPC) have reportedly arrested a former Commissioner of Finance in Kaduna State, Shizser Joy Nasara Bada.

Bada, who served as finance commissioner under the administration of the immediate past governor of Kaduna State, Mallam Nasir El-Rufai, was said to have been arrested at the Lagos Airport.

According to reports emerging on Tuesday, the former commissioner was reportedly travelling out of the country when ICPC operatives arrested her at the Murtala Muhammed Airport in Lagos.

While the real reason for the arrest remains sketchy as of press time, inside sources believe the arrest came as part of a strategic crackdown on officials who served under El-Rufai’s administration, with multiple figures now under scrutiny for their various roles in the alleged financial mismanagement of the state.

According to checks, the former Commissioner is expected to provide more insights into ongoing allegations of corruption and mismanagement of government funds.

It would be recalled that the El-Rufai administration has been allegedly indicted by the Kaduna State House of Assembly.

The state’s House of Assembly, in a report, had accused the administration of El-Rufai of allegedly inappropriately spending about N423 billion from the Kaduna state treasury.

However, El-Rufai has continued to deny all the allegations describing them as false.

Subsequently, the former governor initiated a legal action against the Kaduna State House of Assembly following its claim that his administration misappropriated N432 billion during his eight-year tenure, resulting in significant state debt.

Ad

X whatsapp