Home News Politics EFCC Arrests Ex-Minister, Yuguda, Others Over Alleged $2bn Arms Deal
EFCC Arrests Ex-Minister, Yuguda, Others Over Alleged $2bn Arms Deal

EFCC Arrests Ex-Minister, Yuguda, Others Over Alleged $2bn Arms Deal


Bashir-YugudaThe noose of the anti-corruption war of President Muhammadu Buhari’s administration yesterday tightened around former officials of the Goodluck Jonathan government as the Economic and Financial Crimes Commission, EFCC, picked up the former Minister of State for Finance, Amb. Bashir Yuguda.

The EFCC arrested Mr. Yuguda for his role in the alleged $2.2 billion arms purchase scandal currently rocking the Office of the National Security Adviser.

Aside the former minister, senior military officers have also been reportedly detained by the Defence Headquarters in connection with the arms purchase deals.

Senior military officers, including generals, serving and retired, were summoned by the investigation panel set up by President Buhari to probe how huge funds meant for arms purchases were spent.

The panel’s interim report submitted to the president two weeks ago, indicated that over N640 billion might have been siphoned with nothing on ground to show for it.

It was against this backdrop that President Buhari ordered the arrest of the former NSA, Col. Sambo Dasuki (retd.) and all others involved in the alleged graft.

The EFCC spokesman, Mr. Wilson Uwujaren, confirmed yesterday that Mr. Yuguda was in custody and was undergoing interrogation.

He said investigations had traced some of the alleged stolen funds in the arms purchase under Dasuki to Yuguda.

Sources said the former minister was unable to account for how such huge amount of money was transferred directly to his account.

The flow of money into Yuguda’s account started from December 2014 to May 2015, sources said.

Also arrested over the same matter, are some senior officials at the ONSA, including a former director of finance, Shuaibu Salisu.




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