BREAKING NEWS
Breaking

728x90

468x60

EFCC quizzes Bankole's deputy over new loan taken 3 days to end of house tenure

Former House Deputy Speaker Usman Nafada was yesterday interrogated by the Economic and Financial Crimes Commission (EFCC).

He is due to be charged today alongside former Speaker Dimeji Bankole over their management of the funds of the sixth House of Representatives.

It also emerged last night that the Bankole-led House obtained another N12 billion loan, three days to the end of its tenure.
The EFCC said the former House leadership took the loan even as there was outcry over the N10 billion the House earlier obtained from the United Bank of Africa (UBA).

It said Bankole’s leadership took N40 billion during its tenure.

Now charges are expected to be filed today at another court against Bankole and Nafada.
The former Speaker is on trial on a 16-count charge before the Federal High Court in Abuja.
Justice Donatus Okorowo will rule today on Bankole’s request for bail.

Although Nafada and five former principal officers were invited last week, he was released on administrative bail.
The former Deputy Speaker was invited again yesterday by the EFCC for interrogation, over records showing that the House obtained N12billion loan three days to the end of its tenure.

A source in the EFCC said: “Nafada will join his former boss to account for how they came about obtaining almost N40billion loan while in office.
“It became necessary to ask Nafada to appear before our team on Sunday, having got records showing that the House got another loan of N12billion from First Bank Plc three days before the end of its tenure.
Nafada spokesman Bello Hameed said last night: “It’s true that my boss was at the EFCC today. He has since returned home.”

An official of EFCC said: “Where necessary, we may invite some officials of the affected bank for interaction on why the loan was given, for what purpose, on what terms and the collaterals relied upon.”
“The commission will file charges against Bankole and his deputy on Monday in another court for a separate trial on illegal obtainment of loans.”
Click to signup for FREE news updates, latest information and hottest gists everyday


Advertise on NigerianEye.com to reach thousands of our daily users
« PREV
NEXT »

1 comment

  1. everyone involved should be questioned. no sacred cow this time.

    ReplyDelete

Kindly drop a comment below.
(Comments are moderated. Clean comments will be approved immediately)

Advert Enquires - Reach out to us at NigerianEye@gmail.com