A governor is reportedly in
trouble after the sum of $10 million he diverted from the bailout funds
allocated to his state was hijacked by his mistress.
The Nation reported that
the governor was said to have commissioned his mistress to help him launder the
said sum only for the latter to refuse to remit it in the slush accounts the
governor provided.
Already, the money in
question has been traced to a bank in the United States.
The Nation investigation
revealed that the governor resorted to using his US-based mistress to stash the
funds abroad in order to avoid monitoring by security agencies.
The cash was allegedly
either wired or hauled in tranches in order to beat the nation’s Financial
Intelligence Unit (FIU).
In spite of the governor’s
tricks, however, security agencies were able to intercept the deal between him
and his mistress.
It was gathered that the
diversion of the looted $10 million by the mistress created an uproar that
triggered the ongoing investigation of the deal between the love birds.
One of the sources involved
in the probe said: “A governor from an oil-producing state is in soup and under
probe by some security agencies.
“The governor seems to have
been duped by his mistress who stays in Texas in the United States.
“The governor is worried
after discovering that his girlfriend has defrauded him of $10 million. What
started as a love affair and promises of good faith has turned sour.
“Yet the governor would not
want his wife or the people of the state, who will be disappointed, to know
about this ugly transaction.”
The security chief added
that “Investigation so far indicated that the governor allegedly diverted part
of the bailout funds meant for his state to the mistress.
“All relevant security
agencies are already tracking how the cash was wired to the mistress as well as
the whereabouts of the funds.
“Very soon, the details of
the transaction will be revealed to Nigerians.
“This is why the government
has decided to monitor how bailout funds and London-Paris loan refunds were
spent.”
The Presidency in 2016
released the sum of N1. 266.44 trillion to 36 states within nine months.
The breakdown includes
N713.70 billion special intervention funds to states and London Paris Club loan
refunds of N522.74 billion.
The Independent Corrupt
Practices and Other Related Offences Commission (ICPC) had said 16 states were
yet to disburse about N57, 663, 185, 735 of the bailout funds approved for them
by President Muhammadu Buhari.
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