Connect with us


$2 Billion Arms Deal: EFCC Arrests Former Minister, Others Over Missing Funds



The Economic and Financial Crimes Commission has arrested a number of top officials over the disappearance of $2 billion meant for the procurement of arms and ammunition for the military.

The alleged officials who are being questioned are said to have played active roles in the pilfering of funds meant for the procurement of weapons for the armed forces.

It will be recalled that the military high command has also quizzed some former and serving generals, over the same saga.

Amongst those being questioned are the former Minister of State for Finance, Ambassador Bashir Yuguda and a former Director of Finance in the Office of the National Security Adviser, Shuaibu Salisu.

A credible source in the EFCC indicated that Yuguda was arrested around 4p.m., yesterday, and taken to the Commission over some spurious payments said to have been made by him for the purpose of arms procurement.

Mr. Shuaibu Salisu, described as a very powerful officer in the office of the former NSA, was said to have been arrested and detained for sometime over the various payments that were causing ripples in the office of the NSA.

Operatives of the Commission were said to have extended their dragnet to a former Sokoto State governor, Atthahiro Bafarawa, whose sibling was said to have been identified as one of those who received huge financial payment from the office of the NSA for arms supply.

The operatives were also said to be angling to probe a former defence minister and a one-time national chairman of the Peoples Democratic Party, PDP, Halilu Bello, in connection with the arms issue.

A source in the EFCC confirmed that the sons of many top-ranking PDP officials were also found to have received various sums of money under the guise of supplying weapons for the armed forces but did not deliver.