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.”