By Dirisu Yakubu
The People’s Democratic Party, PDP, has said the revelation of $65 million (N31billion) fraud in a bank name (Witheld), in which President Muhammadu Buhari’s son in-law, Gimba Yau Kumo, is reportedly involved, is a confirmation that the Buhari Presidency is “a sanctuary for fraudsters, treasury looters and common criminals.”
This is as the party charged the Independent Corrupt Practices and Other Related Offences Commission ICPC “not to succumb to reported pressure from the cabal in the Buhari Presidency but to track down Yau Kumo, the former Managing Director of the bank, who had already been declared wanted, and bring him to book alongside his accomplices.”
N31billion Fraud: Resist Pressure From Presidency Cabal Not To Probe Buhari s Son-in-law, PDP To ICPC
The main opposition party urged the commission not to succumb to pressure from the cabal in the Muhammadu Buhari Presidency.
by SaharaReporters, New York
May 14, 2021
The Peoples Democratic Party (PDP) has called on Independent Corrupt Practices and Other Related Offences Commission (ICPC) to track down Yau Kumo, a former Managing Director of the Federal Mortgage Bank of Nigeria (FMBN) for his alleged involvement in the $65 million (N31 billion) fraud.
The main opposition party urged the commission not to succumb to pressure from the cabal in the Muhammadu Buhari Presidency.
In a statement on Thursday, Azuka Ogugua, spokesperson of the anti-graft commission, asked anyone who had information on the whereabouts of the trio to report to the ICPC headquarters or the nearest police station.
“The persons whose pictures appear above, Mr. Tarry Rufus, Mr. Gimba Yau Kumo and Mr. Bola Ogunsola, are hereby declared WANTED by the Independent Corrupt Practices and Other Related Offences Commission (ICPC) in connection with issues bordering on misappropriation of National Housing Funds and diversion of the sum of Sixty Five Million dollars ($65,000,000),” the ICPC said.
“Anyone who has useful information on their whereabouts should report to ICPC Headquarters Abuja, any of the ICPC State Offices or the nearest police station.”
Gimba Yau Kumo, son-in-law of President Muhammadu Buhari has been declared wanted by the Independent Corrupt Practices and Other Related Offences Commission (ICPC), over an alleged $65 million fraud.
This was contained in a notice published on Thursday, by the anti-graft commission.
The notice which was signed by Azuka Ogugua, spokesperson of the commission said Kumo is declared wanted alongside Tarry Rufus and Bola Ogunsola over alleged misappropriation and dispersion of national housing funds.
Kumo, a former managing director of the Federal Mortgage Bank of Nigeria, married Fatima, the president’s daughter, in 2016 at Daura, Katsina state.
The ICPC said: “The persons whose pictures appear above, Mr. Tarry Rufus, Mr. Gimba Yau Kumo and Mr. Bola Ogunsola, are hereby declared WANTED by the Independent Corrupt Practices and Other Related Offences Commission (ICPC) in connection with issues bordering on misappropriation of National Housing Funds and diversion of the sum of
Beyond salary cut as a cost-cutting strategy
Published 14 May 2021
OSTENSIBLY worried by a combination of dwindling revenues and huge overhead costs in running the government, the President, Major General Muhammadu Buhari (retd.), mandated the National Salaries, Incomes and Wages Commission to review the salaries of federal civil servants. He also called for a long-overdue review of the number of federal agencies.
As expected, the Nigeria Labour Congress riposted, “It is almost unthinkable that government would be contemplating to unilaterally slash the salaries of Nigerian workers at this time. The question to ask is, ‘which salary is the government planning to slash?’ It certainly cannot be the meagre national minimum wage of N30,000 which right now cannot even buy a bag of rice!” That, sadly, is the reality. Slashing workers’ salaries is hardly the elephant in the living room. Instead, it is an irrational, unscientific and lazy approach to cutting the cost of governan