Tuesday, June 02, 2015

Alleged money laundering: EFCC to begin Nyako’s prosecution soon


The Economic and Financial Crimes Commission (EFCC), will soon drag a former Governor of Adamawa State, Vice Admiral Murtala Nyako (rtd) to court, over allegations of money laundering and looting of public funds.
New Telegraph gathered Tuesday in Abuja, that the legal unit of the anti-graft agency, was tying the loose ends of charges to be preferred against the former governor, who was impeached in July last year.
Nyako, who reported at the Headquarters of the EFCC on Monday, was released on administrative bail.
He returned to the commission Tuesday for further questioning by operatives of the Commission, “but was likely to be released on bail again”, according to a highly-placed source, who craved anonymity.
According to the source, “Operatives are expected, after Tuesday’s grilling, to pass their findings to the legal unit, in addition to statements earlier made by former Secretary to the State Government (SSG) and others that had been interrogated, to enable the Commission approach the court with a full-proof charge.
“The former governor has been cooperative and it is obvious he will be allowed to go home later in the evening, especially when his age is taken into consideration,” the source said.
Prior to Nyako’s impeachment, the EFCC had frozen the Adamawa State government account, ostensibly to stop further looting of the treasury by government officials.
The commission was said to have swung into action after it found merit in a petition alleging stealing of funds by some officials of government.
It alleged that the Joint State/Local Governments accounts, was one of the major sources of the alleged looting.
It will be recalled that Nyako was one of the five Peoples Democratic Party’s governors, who defected to the now ruling All Progressives Congress (APC).

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