Operatives of the Economic and Financial
Crimes Commission have arrested Mr. Mohammed Buhari, an adopted son of a
former Head of State, Gen. Mohammadu Buhari, for an alleged N20m scam.
A source at the EFCC said that the young
Buhari obtained the said N20m from one Mrs. Nwokocha Florence to invest
in an oil and gas business with a promise to make mouthwatering returns
to the lady.
It was gathered that the adopted son of
the former Head of State also promised to pay the lady
30 per cent annual interest on the N20m.
It was gathered that the relationship
between the two turned sour when Buhari reneged on the agreement to pay
the 30 per cent annual interest on the N20m to the investor said to have
been introduced to him by his accounts officer at ECOBank.
It was leant that once the money was transferred, Buhari cleaned out the account but never paid any interest to the woman.
The EFCC source said that Buhari claimed
that he had some problems which emanated from his lost of the bank’s
guarantee which he secured from a new generation bank.
He was said to have explained that the
guarantee was cancelled because the bank felt that the branch from which
he secured it lacked the competence to give it.
Investigation revealed that Buhari was
still being held by the operatives investigating the case at the Lagos
office of the EFCC as of the time of filing this report
"Punch"
No comments:
Post a Comment