EFCC arrests Bauchi AG, others over alleged N70 billion fraud

Operatives of the Economic and Financial Crimes Commission (EFCC) have arrested the Accountant General of Bauchi State, Sirajo Jaja, over alleged N70 billion fraud.

He was apprehended yesterday in Abuja, alongside Aliyu Abubakar of Jasfad Resources Enterprise, an unlicensed Bureau de Change (BDC) operator, and Sunusi Ibrahim Sambo, a Point of Sale (PoS) operator.

They were arrested in connection with an investigation of money laundering, diversion of public funds and misappropriation to the tune of N70 billion.

The anti-graft agency is investigating the state governor, Bala Mohammed, regarding the matter.

It said investigations showed that cash withdrawals 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 moved to Abubakar and Sambo, who in turn, made cash payments to party agents and associates of the governor.

The BDC operator, Abubakar, earlier jumped bail and had now been re-arrested.

EFCC spokesman, Dele Oyewale, confirmed the arrests.