Bitmas Enterprise News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The moves by Senator Abdu Suleiman Kwari, the Chairman, Senate Committee on Anti-Corruption and Other Financial Crimes to frustrate the prosecution of former Director of Nigerian Navy Accounts, Rear Admiral Tahir Yusuf Biu have been uncovered. SaharaReporters had reported that the Economic and Financial Crimes Commission (EFCC) accused Yusuf of stealing N2 billion belonging to the Nigerian government while serving as Director of Nigerian Navy Accounts.

  The Economic and Financial Crimes Commission has told a Federal High Court in Abuja that a former Director of Nigerian Navy Accounts, Rear Admiral Tahir Yusuf Biu, is on the run and cannot be reached. SaharaReporters had reported that Yusuf was being prosecuted by the Nigerian government through the EFCC for allegedly stealing N2 billion while serving as Director of Nigerian Navy Accounts. The anti-graft agency said that all efforts to locate the whereabouts of Admiral Biu have proved unsuccessful since March 16 this year, when 9 counts were filed against him.

It was however learnt that Yusuf had recently altered the CAC documents by fraudulently inputting himself as a director in the company.

SaharaReporters had reported that Yusuf was being prosecuted by the Nigerian government through the EFCC for stealing N2 billion while serving as Director of Nigerian Navy Accounts.

The total amount forfeited was N392,695,857.87, including $91,955.38 and the sum of £15,050 held in domiciliary accounts.