Wednesday, 22 November 2023

SHOCKING! Buhari's PA Steals N1.6tr, Hides $275m In Six yr-old Son's Account

. As Emefiele Refunds N4tr, Lemo $500m

By Lanre Olaleye 


Investigations into the alleged fraudulent practices of former Central Bank Governor, Godwin Emefiele by the special investigator, Jim Osayande Obazee has thrown up shocking revelations involving Sabiu Yusuf (a.k.a. Tunde), erstwhile Personal Assistant (PA) to former President Muhammadu Buhari.

The Snoop has exclusively gathered that the intensive grilling of Emefiele by the special investigative committee has led to the discovery of a whooping sum of N1.6trillion in one of the personal accounts of Tunde Sabiu, an influential figure in the former president's administration.


More worrying is the further discovery of yet another $275m hidden in the account of Sabiu's six year-old son deposited in a new generation bank.

Sources close to the investigators revealed Emefiele and his accomplices are co-operating with EFCC officials in recovering loots traced to them.

In this vein, the former CBN Governor has reportedly refunded a whopping N4 trillion to the coffers of the Federal Government stolen while he was the at the helm of affairs of the apex bank.

Aside returning N4 trillion, Emefiele has also allegedly gave up ownership of six banks linked to him.

In a related development, the source further revealed that a former CBN Deputy Governor, Tunde Lemo, also reportedly refunded $500 million embezzled tax-payers’ money.

The source revealed that faced with the humongous fraud linked to the former CBN Governor, President Bola Ahmed Tinubu is deploying subtle persuasion and evidence to recover the loot.

“President Bola Ahmed Tinubu is currently negotiating, using some influential Nigerians on how to refund the funds without being exposed.

“Only recently, National Security Adviser, NSA, Nuhu Ribadu, lamented that the current administration inherited a bankrupt country from the Buhari’s government due to the large scale looting that occurred then,” the source added 

Read Also: 

EFCC Arraigns Man for Alleged $63,590 Fraud in Lagos

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