‘N80.2bn Fraud’: ‘I Offered Yahaya Bello My Office For Interrogation But He Wants Investigators Come To His Village’ – EFCC’s Boss

The Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, has disclosed that former Kogi State Governor Yahaya Bello declined an invitation to respond to allegations of money laundering totaling N80.2 billion.

Olukoyede revealed that he personally called Bello, offering him the opportunity to be interrogated in his office, but Bello claimed he was afraid of being embarrassed by journalists and instead suggested that investigators come to his village.

He disclosed that the EFCC has frozen over 300 accounts linked to a new fraudulent scheme called P-to-P trading, and has recovered over N120 billion from fraudsters and secured 1,300 convictions in six months.

Olukoyede stated this in Abuja on Tuesday, April 23, 2024 while addressing media executives at the Corporate Headquarters of the EFCC.

According to him, he had a telephone conversation with Bello offering him ample opportunities to present himself for interrogation by investigators of the EFCC.

“On my honour, I put a call to him to honour him as a former governor. He said, I can’t come, claiming that a certain lady has surrounded the EFCC with over 100 Journalists to embarrass or intimidate him and all that stuff. I said if that is your fear, I will make you come directly to my floor. I will invite my operatives to interrogate you in my own office. What could be more honourable than that? Do you know what he said? ‘ Can’t they come to my village?’ My Director of Investigations also sent a message to him”, he said.

The EFCC’s boss said he was worried at the report of larceny available to the EFCC concerning the former governor.

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“A sitting governor, because he knew he was going, he moved money directly from the government’s account to a bureau de change to pay his children’s school fees in advance, $720, 000 in anticipation that he was going to leave government house”, he said.

Olukoyede also disclosed that the EFCC, in its bid to ensure the safety and stability of the foreign exchange market, has uncovered a new fraudulent scheme called P to P, peer to peer trading scheme.

The platform, according to him, is operating outside the official banking and financial corridors ,with more than 300( three hundred) accounts linked to it already frozen by the EFCC.

He reaffirmed the commitment of the Commission to the economic growth and development of the country, promising that the EFCC would not relent in the exercise of its mandate.

He told the media executives that the Commission has recovered more than N120billion from fraudsters within six months and secured more than 1300 convictions.

He called on Nigerians to be more dedicated to the nation, insisting that patriotic Nigerians should offer more support to the EFCC because the Commission is crucial to the growth and development of Nigeria.

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“If you support the EFCC, you are working for the growth of Nigeria. We all have stakes in the wellbeing of our nation”, he said.