The Economic and Financial Crimes Commission (EFCC) has arrested the Accountant General of Bauchi State, Sirajo Jaja, over an alleged N70 billion fraud.
EFCC spokesperson Dele Oyewale confirmed the development in a statement on Wednesday, revealing that Jaja was apprehended in Abuja alongside Aliyu Abubakar, an alleged unlicensed Bureau de Change (BDC) operator from Jasfad Resources Enterprise, and Sunusi Ibrahim Sambo, a Point of Sale (PoS) operator.
Allegations of Money Laundering and Diversion of Funds
Oyewale stated that the arrests are linked to an ongoing investigation into alleged money laundering, diversion of public funds, and misappropriation of state resources.
“The investigation has revealed that cash withdrawals amounting to N59 billion were made through various bank accounts operated by the Accountant General on behalf of the state government. The funds were allegedly moved to Aliyu Abubakar and Sunusi Ibrahim Sambo, who subsequently made cash payments to party agents and associates of the governor,” Oyewale disclosed.
The EFCC also confirmed that Bauchi State Governor Bala Mohammed is under investigation in connection with the alleged fraud.
EFCC Vows to Recover Diverted Funds
The commission further noted that Abubakar, who had previously jumped bail, has been rearrested.
“We are committed to tracing and recovering the diverted funds, and those found culpable will face the full weight of the law,” the EFCC spokesman added.
The agency assured that investigations are ongoing, with the suspects currently in custody for further questioning.
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