November 12, 2024
EFCC arrests radio host over N700m ponzi scheme

EFCC arrests radio host over N700m ponzi scheme

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The Economic and Financial Crimes Commission (EFCC), has arrested a former governor of Taraba State, Darius Ishaku, over an alleged fraud of N27bn.

Ishaku was reportedly picked up at his Abuja residence in the early hours of Friday.

The former governor was said to be still in the anti-graft agency’s custody as of the time of filing this report.

According to Daily Trust, at least 15-count charges have been filed against Ishaku and he would be arraigned in court soon as evidence against him have been compiled.

“Yes, he’s in our custody right now. We have been investigating him covertly since he left as the State governor. There a lot of financial malfeasance he perpetrated,” the source said.

The spokesman of the EFCC, Dele Oyewale, confirmed the development but declined further comments, when contacted by the paper.

Ishaku’s arrest is coming on the heels of ongoing face-off between the commission and the former governor of Kogi State, Yahaya Bello, who was alleged to have stolen N80.2bn.

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