The Economic and Financial Crimes Commission (EFCC) has mentioned that Governor Bello Matawalle of Zamfara state is under probe for alleged N70bn fraud. The anti-graft company which additionally confirmed {that a} former Minister of Power, Sale Mamman, who was just lately arrested by the operatives of the fee over alleged N22bn fraud is nonetheless in detention, requested Nigerians to not be swayed by Matawalles latest outburst. Recall that Matawalle had requested Abdulrasheed Bawa, EFCC chairman, to make sure that the agencys investigation doesn’t goal solely the outgoing governors but additionally officers within the presidency. However reacting to this at a press convention in Abuja, Osita Nwajah, EFCCs Director of Public Affairs, mentioned they determined to serve a response to set the data straight. Matawalle was accused of diverting cash by way of proxies and contractors who acquired cost for contracts that weren’t executed. It was additionally introduced that investigations to this point allegedly revealed that greater than 100 corporations had acquired funds from the funds, with no proof of service rendered to the state. It was additional disclosed that among the contractors who had been invited and quizzed by the fee, made startling revelations on how they had been allegedly compelled by the governor to return the funds acquired from the state coffers again to him by way of his aides after changing the identical to United States Dollars. Nwajah mentioned; The fee wish to put the nation on discover to anticipate extra of the type of wild allegations made by Matawalle as these on the receiving finish of EFCCs investigations, combat viciously again.But the true difficulty with Matawalle is that he is being investigated by the EFCC, over allegations of monumental corruption, award of phantom contracts and diversion of over 70 billion.The cash which was sourced as mortgage from an outdated technology financial institution purportedly for the execution of tasks throughout the native authorities areas of the state, was allegedly diverted by the governor by way of proxies and contractors who acquired cost for contracts that weren’t executed.Some of the contractors who had been invited and quizzed by the Commission, made startling revelations on how they had been allegedly compelled by the governor to return the funds acquired from the state coffers again to him by way of his aides after changing the identical to United States {dollars}.One of the contractors, a well-liked Abuja property developer, collected N6 billion on a N10 billion contract with out rendering any service to Zamfara state.Another contractor collected over N3 billion for a contract for the provision of medical gear however the Commission traced a cost of N400 million from his account to a Bureau de Change operator. The contractor confessed the cost was to acquire the greenback equal allegedly for the state governor.The put up Governor Matawalle is under investigation for allegedly diverting N70bn – EFCC appeared first on Linda Ikeji Blog.
