Would you like to receive notifications on latest updates of the following headlines?

EFCC arrests Taraba former governor over N27BN fraud links

POSTED ON September 28, 2024 •   Breaking News      BY Abiodun Saheed Omodara •   VIEWS 72
Former Taraba State Governor, Darius Ishaku

The Economic and Financial Crimes Commission (EFCC) has arrested Taraba State former Governor, Darius Ishaku, over alleged involvement in a N27 billion fraud perpetrated while serving in the state.

Ishaku’s arrest by the anti-graft agency in Abuja came barely one year and four months after leaving office as governor of the state.

The former governor, who was apprehended by the anti-corruption agency on Friday, could be arraigned before a court over alleged criminal breach of trust, misappropriation, and diversion of public funds.

Confirming the former governor’s arrest, the anti-graft agency’s spokesperson, Dele Oyewale, said that the agency is performing its functions approved by the constitution of the country.

Although Oyewale did not state further reasons for the arrest, but a source closed to the agency explained that the former governor was apprehended for fraud links and will be arraigned before the court.

The alleged offenses occurred between 2015 and 2021, during Ishaku’s tenure as governor, involving funds belonging to the Taraba State Government and Local Government Councils.

Specifically, Ishaku is accused of diverting N1.01 billion from the 2.5% contingency fund of the Bureau of Local Government and Chieftaincy Affairs, Taraba State, between August 2015 and March 2016.

Further allegations include the misappropriation of N1.138 billion from the same contingency fund between July 2015 and May 2019, and the diversion of N193 million from Donga Local Government Council funds.

Other charges include criminal breach of trust involving N650 million from Gassol Local Government Council, N170 million from Gashaka Local Government Council, and N201 million from Ardo Kola Local Government Council.

Additionally, Ishaku allegedly used N3.348 billion from Local Government Councils’ funds for personal gain and diverted N639 million for his own use.

The former governor is also accused of buying a duplex property in Abuja with N23 million from Taraba State Government funds and using N761 million to repay a loan for his company, Worthy Construction Limited.

RECOMMENDED FOR YOU
Canada scraps conversion of study permits for foreign students
BY Benedicta Bassey November 19, 2024 0

Canada on Tuesday shut the pathway for international students to convert their study permits into pe...

RECOMMENDED FOR YOU
FCT Minister approves N70, 000 minimum wage for workers
BY Benedicta Bassey November 19, 2024 0

ABUJA, Nigeria—The Minister of the Federal Capital Territory, Nyesom Wike, has approved the pa...

RECOMMENDED FOR YOU
Trump picks former Rep. Sean Duffy as Cabinet member
BY Benedicta Bassey November 19, 2024 0

UNITED STATES —President-elect of the United States, Donald Trump, has nominated former Wiscon...

RECOMMENDED FOR YOU
Biden vows $4bn to World Bank fund for poorest nations
BY Benedicta Bassey November 19, 2024 0

UNITED STATES—US President Joe Biden has committed a $4 billion contribution to the World Bank...

RECOMMENDED FOR YOU
FG reviews housing budget to N500bn for 2025
BY Benedicta Bassey November 19, 2024 0

NIGERIA —The Federal Government on Tuesday said it is reviewing it's annual housing budget to...

RECOMMENDED FOR YOU
G20 Summit: Tinubu vying for UN Security Council seat
BY Benedicta Bassey November 19, 2024 0

Abuja, Nigeria—Nigeria President, Bola Tinubu has expressed Nigeria’s readiness to repre...

RECOMMENDED FOR YOU
Naira appreciates, hit N1,735/$ in parallel market
BY Benedicta Bassey November 19, 2024 0

The Naira appreciated to N1,735 per dollar in the parallel market from N1,740 per dollar last weeken...

RECOMMENDED FOR YOU
Obasanjo calls for credibility in INEC's leadership
BY Benedicta Bassey November 18, 2024 0

NIGERIA —Former President Olusegun Obasanjo, has tasked the leadership of the Independent Nati...

OUR CHANNELS:

OTHER ARTICLES ::

20th November, 2024
Security: FRSC clampdown on fake, unauthorised plate numbers
BY Benedicta Bassey November 19, 2024 0

NIGERIA ----The Federal Road Safety Corps, FRSC, on Tuesday announced the immediate crackdown on fak...


Social Media Reacts to Tinubu’s Restructuring of Media Team
BY Suleiman Jimoh November 19, 2024 0

ABUJA, Nigeria — President Bola Tinubu’s recent restructuring of the State House media a...


Canada scraps conversion of study permits for foreign students
BY Benedicta Bassey November 19, 2024 0

Canada on Tuesday shut the pathway for international students to convert their study permits into pe...


FCT Minister approves N70, 000 minimum wage for workers
BY Benedicta Bassey November 19, 2024 0

ABUJA, Nigeria—The Minister of the Federal Capital Territory, Nyesom Wike, has approved the pa...


Trump picks former Rep. Sean Duffy as Cabinet member
BY Benedicta Bassey November 20, 2024 0

UNITED STATES —President-elect of the United States, Donald Trump, has nominated former Wiscon...


Biden vows $4bn to World Bank fund for poorest nations
BY Benedicta Bassey November 20, 2024 0

UNITED STATES—US President Joe Biden has committed a $4 billion contribution to the World Bank...


FG reviews housing budget to N500bn for 2025
BY Benedicta Bassey November 20, 2024 0

NIGERIA —The Federal Government on Tuesday said it is reviewing it's annual housing budget to...


G20 Summit: Tinubu vying for UN Security Council seat
BY Benedicta Bassey November 20, 2024 0

Abuja, Nigeria—Nigeria President, Bola Tinubu has expressed Nigeria’s readiness to repre...


Naira appreciates, hit N1,735/$ in parallel market
BY Benedicta Bassey November 20, 2024 0

The Naira appreciated to N1,735 per dollar in the parallel market from N1,740 per dollar last weeken...


Obasanjo calls for credibility in INEC's leadership
BY Benedicta Bassey November 19, 2024 0

NIGERIA —Former President Olusegun Obasanjo, has tasked the leadership of the Independent Nati...


Menu