A
governor is reportedly in trouble with the security agencies after the
sum of $10 million he diverted from the bailout funds allocated to his
state was hijacked by his US-based lover.
File photo
A governor is under probe after the sum of $10 million he diverted
from the bailout funds allocated to his state was hijacked by his
mistress.
The governor was said to have commissioned his mistress to help him
launder the said sum only for the latter to refuse to remit it in the
slush accounts the governor provided.
Already, the money in question has been traced to a bank in the United States.
The Nation investigation revealed that the governor resorted to
using his US-based mistress to stash the funds abroad in order to avoid
monitoring by security agencies.
The cash was allegedly either wired or hauled in tranches in order to beat the nation’s Financial Intelligence Unit (FIU).
In spite of the governor’s tricks, however, security agencies were able to intercept the deal between him and his mistress.
It was gathered that the diversion of the looted $10 million by the
mistress created an uproar that triggered the ongoing investigation of
the deal between the love birds.
One of the sources involved in the probe said: “A governor from an oil-producing state is in soup and under probe by some security agencies.
“The governor seems to have been duped by his mistress who
stays in Texas in the United States. The governor is worried after
discovering that his girlfriend has defrauded him of $10 million.
“What started as a love affair and promises of good faith has
turned sour. Yet the governor would not want his wife or the people of
the state, who will be disappointed, to know about this ugly
transaction.”
The security chief added: “Investigation so far indicated that
the governor allegedly diverted part of the bailout funds meant for his
state to the mistress.
“All relevant security agencies are already tracking how the
cash was wired to the mistress as well as the whereabouts of the funds.
“Very soon, the details of the transaction will be revealed to
Nigerians. This is why the government has decided to monitor how bailout
funds and London-Paris loan refunds were spent.”
The Presidency in 2016 released the sum of N1. 266.44 trillion to 36 states within nine months.
The breakdown includes N713.70 billion special intervention funds
to states and London Paris Club loan refunds of N522.74 billion.
The Independent Corrupt Practices and Other Related Offences
Commission (ICPC) had said 16 states were yet to disburse about N57,
663, 185, 735 of the bailout funds approved for them by President
Muhammadu Buhari.
The agency also indicted some of the states for diverting the bailout funds which were meant for workers’ salaries.
Source: The Nation
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