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

Yahaya Bello: Abuja American School Refunds $760,000 To EFCC Account

POSTED ON April 27, 2024 •   Metro      BY Benedicta Bassey
Former Kogi State Governor, Yahaya Bello AND EFCC Chairman, Mr. Olanipekun Olukoyede/Photo Credit: Punchng.com

The Economic and Financial Crimes Commission has confirmed the receipt of the refund of $760,000 paid as advanced school fees by a former Kogi State Governor, Yahaya Bello for his children at the American International School, Abuja.

The spokesperson for the EFCC, Dele Oyewale, confirmed the development in Abuja on Saturday.

“The school has refunded the entire $ 760, 000 to the EFCC’s recovery account,” he said.

In order to receive a refund of the money paid for the children of the former governor, the American International School of Abuja had earlier requested that the EFCC “authentic banking data."

Bello is accused of using funds from the Kogi State Government to pay $720,000 in advance for the education of five of his children. 
The kids attend the school and are enrolled in Grades 2 through 8. 

In an effort to apprehend Bello regarding an alleged N80.2 billion scam, EFCC agents besieged his Abuja home on April 17. 

Usman Ododo, the governor of Kogi, reportedly arrived at the residence while the operatives were there and snatched Bello out. 

In a letter addressed to the Lagos Zonal Commander of the EFCC, the school said the sum of $845,852 has been paid in tuition “since the 7th of September 2021 to date.”

AISA said the sum to be refunded is $760,910 because it had deducted educational services already rendered.

According to the letter in parts, “Please forward to us an official written request, with the authentic banking details of the EFCC, for the refund of the above-mentioned funds as previously indicated as part of your investigation into the alleged money laundering activities by the Bello family,” the letter reads.

It added, “Since the 7th September 2021 to date, $845,852.84 in tuition and other fees have been deposited into our bank account.
“We have calculated the net amount to be transferred and refunded to the State, after deducting the educational services rendered as $760,910.84.

“No further additional fees are expected in respect of tuition as the students’ fees have now been settled until they graduate from ASIA.”

READ ALSO
Lagos faces severe traffic chaos as Independence Bridge repairs begin after Sallah holiday
BY Abiodun Saheed Omodara April 3, 2025 0

LAGOS, NIGERIA - Lagos residents faced a challenging situation yesterday as they returned to work fo...

READ ALSO
Bayelsa communities threaten to halt oil production over security contract dispute
BY Abiodun Saheed Omodara April 3, 2025 0

BAYELSA, Nigeria - Nigeria’s struggling oil output may be on the brink of another crisis as co...

READ ALSO
Nigeria imposes N20m fine, 10-Year Jail Term for Ponzi scheme offenders
BY Abiodun Saheed Omodara April 2, 2025 0

The Securities and Exchange Commission (SEC) has stated that promoters and operators of Ponzi scheme...

READ ALSO
Adeyeye urges capital punishment for drug traffickers amidst N1trn confiscation
BY Abiodun Saheed Omodara April 2, 2025 0

The ongoing fight against counterfeit and substandard medical products by the National Agency for Fo...

READ ALSO
NHRC calls for Justice, Preventive Measures after Uromi mob killing
BY Abiodun Saheed Omodara April 1, 2025 0

ABUJA, Nigeria -  The National Human Rights Commission (NHRC) has praised the prompt actions ta...

READ ALSO
Army arrest 39 Oil thieves, dismantled 18 illegal refining sites in Niger Delta
BY Abiodun Saheed Omodara March 31, 2025 0

NIGER DELTA - In a significant setback for oil thieves in the Niger Delta Region, the troops of the...

READ ALSO
FG announce independence bridge closure begins April 1
BY Abiodun Saheed Omodara March 31, 2025 0

LAGOS, Nigeria - The Federal Government has announced the closure of the Independence Bridge (Marina...

READ ALSO
Three Nigerians in US plead guilty in $4.5m Money laundering case
BY Abiodun Saheed Omodara March 31, 2025 0

Three Nigerians residing in the United States Olumide Olorunfunmi, Samson Amos, and Emmanuel Unuigbe...

OUR CHANNELS:

FG signals tough stance on underdeveloped Oilfields, calls for strategic IOC investments
BY Abiodun Saheed Omodara April 3, 2025 0

The Federal Government expressed its worries on Tuesday about the growing number of idle and underde...


OpenAI valuation hits $300 billion after SoftBank-led fund
BY Abiodun Saheed Omodara April 3, 2025 0

The Japanese telecommunications company, alongside a group of investors, has recently announced yet...


Fuel prices expect to fall below N750 by Year-End - NIPSS
BY Abiodun Saheed Omodara April 3, 2025 0

The National Institute for Policy and Strategic Studies (NIPSS) has said that with Dangote Refinery...


Nigeria imposes N20m fine, 10-Year Jail Term for Ponzi scheme offenders
BY Abiodun Saheed Omodara April 2, 2025 0

The Securities and Exchange Commission (SEC) has stated that promoters and operators of Ponzi scheme...


South Korea launches second phase of educational initiative in Ekiti smart school
BY Abiodun Saheed Omodara April 2, 2025 0

EKITI, Nigeria - The South Korean government is poised to initiate the second phase of its education...


NFF denies resignation rumors surrounding Super Eagles coach
BY Abiodun Saheed Omodara April 3, 2025 0

The Nigeria Football Federation (NFF) has refuted claims that Super Eagles coach Eric Chelle is cons...


CPPE raises concerns over proposed ban on solar panel imports amid Nigeria's energy crisis
BY Abiodun Saheed Omodara April 2, 2025 0

The Centre for the Promotion of Private Enterprise (CPPE) has raised alarms regarding the government...


Kano praises Emir Sanusi II’s leadership qualities in reinstatement ceremony
BY Abiodun Saheed Omodara April 3, 2025 0

KANO, Nigeria - Governor Abba Kabir Yusuf has stated that his government reinstated Khalifa Muhammad...


CBN's strategic policies lead to significant increase in Nigeria's Net FX reserves
BY Abiodun Saheed Omodara April 3, 2025 0

Nigeria's net foreign exchange reserves (NFER) stood at $23.11 billion at the conclusion of the prev...


Adeyeye urges capital punishment for drug traffickers amidst N1trn confiscation
BY Abiodun Saheed Omodara April 3, 2025 0

The ongoing fight against counterfeit and substandard medical products by the National Agency for Fo...


More Articles

Load more...

Menu