NEWS
EFCC goes after PMB’s new son-in-law over N3B fraud
Just days after getting married to President Muhammadu Buhari’s daughter, Fatima, Malam Gimba Ya’u Kumo is under the spotlight of the Economic and Financial Crimes Commission (EFCC).
According to Sahara Reporters, Malam Kumo who was the former Managing Director and Chief Executive Officer of the Federal Mortgage Bank of Nigeria, is being investigated over a N3 billion fraud while he was still in office.
According to Sahara Reporters, President Buhari’s New Son-In-Law, Yau Kumo, who just married his daughter last week Friday is under investigation for 3billion naira fraud he allegedly committed as MD of FMBN.
Malam Kumo, according to the reports, had been under intense investigation before his marriage to Fatima, the President’s second daughter on October 28, 2016, and now, even as the Buhari’s son-in-law, the anti-graft agency is making sure he faces the full wrath of the law.
Insiders have also noted that the President has vowed not to wade into the case and has told his in-law to make himself available for investigations and to clear his name without involving the First Family.
Sahara Reporters also posted the news on its Twitter handle:
“FLASH: @NGRPresident newly minted son-in-law, Yau Kumo is under investigation at the @officialefcc over N3b fraud he committed as MD of FMBN.”
The meeting between the federal government and the leadership of the Academic Staff Union of Universities (ASUU), on Tuesday ended without an agreement.
As a result of this, the six-month-old strike embarked on by public university lecturers is set to continue.
The lecturers met with the Professor Nimi Briggs Committee at the National University Commission (NUC) in Abuja with high hopes of resolving the impasse.
A senior member of ASUU said that members of the Briggs renegotiation committee didn’t come with any new offer on the table.
According to him, the committee pleaded with the lecturers to suspend the ongoing strike, with promises that their concerns will be included in the 2023 budget.
The meeting started at about 12pm and lasted for about three hours.
ASUU has been on strike since February 14.
Some persons suspected to be political thugs have vandalized a billboard of the All Progressives Congress (APC) presidential candidate, Bola Tinubu, in Lagos.
The billboard located on the close to the third mainland bridge was destroyed on Tuesday morning.
The action sparked tension online as some APC members have accused the Peoples Democratic Party (PDP) in the state.
The Economic and Financial Crimes Commission (EFCC) has recovered an additional sum of one billion, four hundred million naira (N1.4 Billion) for the National Health Insurance Scheme (NHIS).
In a statement via its official Twitter handle, the money, according to the commission, was part of the funds which some commercial banks ‘fraudulently’ refused to transmit to the Treasury Single Account, TSA, since 2015.
The statement further said the money had been released to the NHIS since August 5, 2022.
It also revealed that the Commission had in similar fashion on February 10, 2022, released a sum of N1.5bn to the scheme.
-
NEWS2 days ago140 Days after, Nigeria loses N3bn on suspended Kaduna-Abuja train service
-
NEWS1 day agoKenya election: ‘It’s good news for the church’ – Apostle Suleman congratulates Ruto
-
NEWS1 day agoKenya election: Buhari reacts to William Ruto’s emergence as president
-
POLITICS2 days agoPDP crisis: Party govs move to reconcile Atiku, Wike
-
NEWS19 hours agoASUU: Issue of IPPIS, UTAS has been resolved – Lecturers give hope of ending strike
-
CELEBRITIES2 days agoKim Kardashian seen for the first time since Pete Davidson split
-
POLITICS1 day agoINEC displays voters’ register in Lagos
-
BUSINESS2 days agoExternal reserves sustains downward trend, sheds $337m in 2wks