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
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.

READ ALSO
Dangote increase fuel price to meet global standards
BY Abiodun Saheed Omodara January 20, 2025 0

In response to public concern over the recent adjustment in the price of Premium Motor Spirit (PMS),...

READ ALSO
FG assures Nigerians, Third Mainland Bridge is safe, structurally sound
BY Abiodun Saheed Omodara January 17, 2025 0

The Federal Government has assured Nigerians that the Third Mainland Bridge in Lagos remains structu...

READ ALSO
Surge in demand as oil marketers pursue Dangote Refinery's bulk-purchase agreement for price stability
BY Abiodun Saheed Omodara January 17, 2025 0

NIGERIA- Enticed by the incentives of the bulk-purchase agreement offered by the Dangote Petroleum R...

READ ALSO
N’assembly tasks minister to end farmer/herder crisis
BY Abiodun Saheed Omodara January 15, 2025 0

The Joint Senate and House of Representatives Committee on Livestock Development have challenged the...

READ ALSO
Power generation increased by 30% in 2024- Adelabu
BY Abiodun Saheed Omodara January 14, 2025 0

NIGERIA (NAN) - The minister of power, Adebayo Adelabu, on Monday has said that power generation in...

READ ALSO
JUST IN: Lagos assembly impeach Obasa as speaker
BY Abiodun Saheed Omodara January 13, 2025 0

In a surprising turn of events, Mudashiru Obasa, the Speaker of the Lagos State House of Assembly, h...

READ ALSO
Obi retracts statement on National Grid collapse, Praise TCN
BY Abiodun Saheed Omodara January 12, 2025 0

NGERIA- The former presidential candidate of the Labour Party (LP) in the 2023 elections, Peter Obi,...

READ ALSO
LASG urges residents to report urban planning violations
BY Abiodun Saheed Omodara January 9, 2025 0

LAGOS, NIgeria(NAN) - The Lagos state government has urged the state residents to actively part...

OUR CHANNELS:

EU assures continue support for Nigeria’s democracy
BY Abiodun Saheed Omodara January 30, 2025 0

ABUJA – The European Union (EU) has reaffirmed its unwavering commitment to strengthening...


Tinubu Returns to Nigeria From Tanzania
BY Abiodun Saheed Omodara January 30, 2025 0

President Bola Tinubu has returned to Abuja following his attendance at the Africa Heads of State En...


Obi emphasises focus on Nigerians' welfare, seek coalition for 2027 elections
BY Abiodun Saheed Omodara January 30, 2025 0

Labour Party presidential candidate Peter Obi has expressed his willingness to a coalition ahead of...


FAAN ease traffic congestion, suspends access gate fees at Abuja Airport
BY Abiodun Saheed Omodara January 28, 2025 0

The Federal Airports Authority of Nigeria has announced the suspension of all access gate fees at th...


Obasa challenges removal as Speaker, Denies corruption allegations
BY Abiodun Saheed Omodara January 27, 2025 0

The impeached Speaker of the Lagos State House of Assembly, Mudashiru Obasa, has faulted his removal...


Court orders woman to pay N150, 000 for boyfriend emotional distress
BY Abiodun Saheed Omodara January 27, 2025 0

A Magistrate Court in Ilesa, Osun State, has ordered Rhoda Adu to pay N150,000 in damages for not vi...


U.S. halts all foreign aid, exempt Israel, Egypt amid 'America First' Policy Shift
BY Abiodun Saheed Omodara January 30, 2025 0

USA (AFP) - The United States, the largest donor globally, halted nearly all foreign aid on Friday,...


NELFUND reaffirms commitment to affordable education
BY Abiodun Saheed Omodara January 28, 2025 0

The Managing Director of the Nigerian Education Loan Fund (NELFUND), Akintunde Sawyerr, has reiterat...


Edo report eight Lassa Fever deaths, 56 cases
BY Abiodun Saheed Omodara January 26, 2025 0

Edo State has reported 56 cases of Lassa Fever and eight fatalities from December 30, 2024, to Janua...


Olamide teases fans with new project announcement, After Idan Buruku
BY Abiodun Saheed Omodara January 25, 2025 0

After thrilling fans with "Idan Buruku," an electrifying freestyle that takes listeners back in time...


More Articles

Load more...

Menu