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Home News Crime

‘Planned to finance election’ EFCC nabs Oyo State AG over reported N9bn fraud for Makinde

Rtn. Victor Ojelabi by Rtn. Victor Ojelabi
February 28, 2022
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Seyi Makinde
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The Economic Financial and Crime Commission (EFCC) has arrested the Oyo State Accountant-General, Alhaji Gafar Bello, over alleged N9billion money laundering.

According to reports a source close to the office of the AG confirmed the development on Monday.

It is learnt that the money was deducted from the local government funds which the governor of the state, Seyi Makinde, allegedly planned to use to finance his 2023 re-election.

According to the source, the money was siphoned through the Director of Treasury in the office of the Accountant General, Mr. Michael Ayanniyi, who is now at large.

It was revealed that Bello was arrested on Friday when EFCC was alerted about a N9billion found in the account of a yet-to-be-identified politician, who was arrested along with the Accountant-General.

Reports has it that when arrested, the politician told the EFCC that the money was deposited in his account by the Accountant General.

The source said, “Men of the EFCC were in our office today. Oga was arrested on Friday and he is still in their custody. The director of Treasury, Mr. Michael Ayanniyi has fled. I am not sure but I heard somebody saying the money was stolen to finance 2023 elections in the state. Some people said the money was taken from local government funds.”

Confirming the development a source at the Ibadan Zonal Office of the EFCC said; “Yes, he was arrested.” But the source however refused to speak further on his arrest.

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Rtn. Victor Ojelabi

Ojelabi, the publisher of Freelanews, is an award winning and professionally trained mass communicator, who writes ruthlessly about pop culture, religion, politics and entertainment.

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