A tip-off by a whistle blower on Tuesday, April 11, 2017 led to another discovery by the Economic and Financial Crimes Commission, EFCC, of a staggering sum of N4billion suspected to be proceeds of crime.
Investigations as to the owner of the funds revealed that the money belongs to a former deputy governorship candidate in Niger State.
The suspect uses the names of two companies– Katah Property & Investment Limited and Sadiq Air Travel Agency- in laundering the funds.
Each of the company has N2billion fixed in its deposit account domiciled in Guaranty Trust Bank.
The suspected owner of the account and the account officer are currently on the run.
(PHOTOS) Yahaya Bello Sparks Outrage with Coat of Arms in Personal Letter to Army Chief
By Abiola Olawale The immediate past Governor of Kogi State, Yahaya Bello, has ignited a fresh wave of controversy and intense public scrutiny after a congratulatory letter he sent to the newly appointed Chief of Army Staff (COAS), Lieutenant General Waidi Shaibu, was published using the coat of arms logo of Nigeria. ​The letter, which…
October 26, 2025 • Nigeria


