An adopted son of a former military Head of State, General Mohammadu
Buhari has been arrested by operatives of the Economic and Financial
Crimes Commission, EFCC, over an alleged N20( Twenty Million Naira only)
fraud. it is said that the young Buhari obtained the said N20m
from one Mrs. Nwokocha Florence to invest in an oil and gas business
with a promise to make mouthwatering returns to the lady.
It
was gathered that the adopted son of the former Head of State and
presidential candidate of the Congress for Progressive Change in the
2011 elections also promised to pay the lady 30 per cent annual interest
on the N20m.
The relationship between the two turned sour when Buhari reneged on the
agreement to pay the 30 per cent annual interest on the N20m to the
investor said to have been introduced to him by his accounts officer at
ECO Bank.
It was leant that once the money was transferred, Buhari cleaned out the account but never paid any interest to the woman.
The
EFCC source said that Buhari claimed that he had some problems which
emanated from his lost of the bank’s guarantee which he secured from a
new generation bank.
He was said to
have explained that the guarantee was cancelled because the bank felt
that the branch from which he secured it lacked the competence to give
it.
Investigation revealed that
Buhari was still being held by the operatives investigating the case at
the Lagos office of the EFCC.
No comments:
Post a Comment