Connect with us

News

BUHARI Cries Out Over Saturday Election Results, Says Millions Of Dollars Being Circulated For Rigging Election

Published

on

President Buhari has cried out over an alarming amount of foreign currency flooding the country just two days to elections.

President Muhammadu Buhari has expressed astonishment at the huge amount of foreign currency flooding the country intended to influence the outcome of the general elections beginning on Saturday.

Malam Garba Shehu, the President’s Senior Special Assistant on Media and Publicity, in a statement in Abuja on Thursday, said Buhari raised the alarm during the Federal Executive Council (FEC) meeting on Wednesday.

The president accused some politicians of flouting money laundering regulations in their desperate bid to capture political power.

He, however, commended the Economic and Financial Crimes Commission (EFCC) for successfully tracking the money in “millions of United States dollars”.

Source: Punch

According to him, the EFCC success followed the presidential directive to investigative agencies to probe a number of high profile cases.

While reassuring the nation of his administration’s determination to wage relentless war against money laundering and terrorist financing, Buhari reiterated his appeal to Nigerians, especially politicians, to place the interest of the “country above all others, as they troop out to cast their votes in the coming elections’’.

 

 

EFCC Arrests Atiku’s Lawyer  For Laundering $4million

The Economic and Financial Crime Commission (EFCC) is reported to have arrested an associate of the Peoples Democratic Party (PDP) presidential candidate,Atiku Abubakar, over alleged laundering of $4 million.

The money is termed “suspicious election cash”, the Nation said.

The arrest followed an intelligence report on a suspicious transaction by a Bureau De Change (BDC) operator.

The Nation had exclusively reported how the PDP reportedly allocated $3million each for “logistics” to its 36 state branches and the Federal Capital Territory (FCT).

Most Bureau De Change operators and banks have, however, refused the “pressure” to convert the hard currency to Naira.

“A BDC operator was intercepted for shipping $2million from Abuja to Lagos for suspected money laundering,’’ Sources in EFCC is reported to have said.

The source said the BDC operator admitted that the suspect paid the Naira equivalent of $4 million into his account in exchange for hard currency.

“We invited the suspect for interrogation on Monday and Tuesday. Our detectives have also conducted a search of his home. Some useful documents were retrieved. Investigation is, however, still in progress.”

“Apart from documents relating to posh properties at home and abroad, a copy of the EFCC Investigation Report on Atiku’s relationship with a jailed U.S. lawmaker, Williams Jefferson, was retrieved.’’

 

Source: PM News

Abass Sulaiman Adegoke, well known as Adegoke is a student of Federal Polytechnic Ede studying Civil Engineering, He is a media enthusiast, loves traveling, and has a special interest in personal development.

Advertisement
Click to comment

Leave a Reply

Your email address will not be published.

Entertainment

Loading...
WhatsApp Join Our WhatsApp Chat