N187bn Fraud: EFCC Arrests Humanitarian Ministry’s Contractor, Probes Four Buhari Ministers
The Economic and Financial Crimes Commission (EFCC) has made a significant arrest in connection with the ongoing investigation into the alleged laundering of N37 billion by the Ministry of Humanitarian Affairs, Disaster Management, and Social Development. The contractor, James Okwete, has been apprehended, and sources within the EFCC indicate that he has been cooperating with investigators.
James Okwete, the contractor linked to the financial misappropriation, has reportedly provided useful statements that implicate former Minister Sadiya Umar-Farouk and former directors-general of the ministry. Okwete is currently detained at the EFCC Headquarters, Jabi, Abuja, and may have indicated that the former minister and others involved could be brought in for questioning soon.
In addition to the probe of the N37 billion fraud, the EFCC is reportedly investigating three other former ministers who served under former President Muhammadu Buhari for graft estimated at N150 billion. The anti-graft commission is expected to uncover more details as the investigation progresses.
According to sources, Okwete has been involved in various financial activities, including the transfer of funds, purchase of luxury items, acquisition of properties, and securing government contracts. The investigation has revealed a complex web of financial transactions involving multiple bank accounts and corporate entities linked to Okwete.
The EFCC has not disclosed further details about the ongoing investigation, but the arrest and cooperation of James Okwete suggest significant progress in uncovering financial irregularities within the Ministry of Humanitarian Affairs. The alleged misappropriation of funds meant for humanitarian purposes is a serious matter, and the EFCC is expected to ensure a thorough and transparent investigation into the matter.
As the investigation continues, Nigerians await further developments and anticipate the outcomes of the probe into the alleged financial misconduct within the ministry and the involvement of key individuals.
