Sirajo Jaja, the Accountant General of Bauchi State has been arrested by operatives of the Economic and Financial Crimes Commission (EFCC) for alleged N70 billion fraud.
The AG was arrested in Abuja on Wednesday alongside Aliyu Abubakar of Jasfad Resources Enterprise, an unlicensed bureau de change (BDC) operator and Sunusi Ibrahim Sambo, a Point of Sale (PoS) operator as part of investigations into allegations of money laundering, diversion of public funds and misappropriation of funds totaling N70 billion.
Investigation details
EFCC Spokesman, Dele Oyewale, who confirmed the arrest of the Accountant-General stated investigations showed that a cash withdrawal of N59 billion had been made through various bank accounts opened and operated by the Accountant General on behalf of the state government.
The money was allegedly then moved to Abubakar who had earlier jumped bail but has now been rearrested and Sambo, who in turn made cash payments to party agents and associates of the governor.
The Governor of Bauchi State, Bala Mohammed, is also ben investigated by the EFCC regarding the matter.
