Tuesday, July 26, 2016

EFCC arrests former Deputy Speaker over N5.6bn fraud

A former Deputy Speaker of the House of Representatives, Chief Chibudom Nwuche, has been arrested by the Economic and Financial Crimes Commission, for an alleged N5.6bn contract scam.
Nwuche, who was a member of the house of reps between 1999 and 2003, was detained after responding to an EFCC invitation on Monday.

The suspect, who also served as the Deputy National Chairman of the Peoples Democratic Party under the leadership of Alhaji Bamanga Tukur, allegedly got three contracts from the Kingsley Kuku-led Presidential Amnesty Office.

Detectives at the EFCC, however, told Punch that Nwuche, who had since decamped to the All Progressives Congress, allegedly helped Kuku to launder N2.8bn under the guise of sending ex-militants for training in 2012.

A source at the commission said, “Nwuche is being investigated over an alleged N5.6bn contract which his company, Foundation For Youth Development, allegedly received from the Kingsley Kuku-led Presidential Amnesty Office.

“He allegedly got three contracts from the Amnesty Office in 2012 for the training of ex-agitators in Malaysia. Up till now, nothing was done about the contract yet, he collected N2.8bn,” an investigator said.

As at 8pm on Monday, Nwuche was still being quizzed by detectives.

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