The Economic and Financial Crimes Commission (EFCC) has arrested two sons of the Governor of Jigawa State, Alhaji Sule Lamido over allegations of laundering about N 10 billion.
Findings revealed that Aminu and Mustapha Lamido were picked up by operatives of the Commission on Thursday in Kano and were flown to Abuja on Friday morning. They arrived at the EFCC headquarters in Abuja around 9 am and they were being interrogated as of the time of filing this report.
Following the arrest of Aminu Lamido at the Mallam Aminu Kano last December over his failure to declare the $50,000 he was travelling with, the EFCC started investigation into how he could have generated the money. Though Aminu was convicted, Street Journal gathered that the investigation opened up a number of activities bordering on the alleged laundering of billions of Naira belonging to Jigawa State. Funds from the state government’s accounts are believed to be diverted into the accounts of some companies owned by Governor Lamido and his sons.
Between 2007 and 2013, not less than N10billion believed to have been transferred from the state’s coffers into accounts of companies traced to the Governor’s sons.
The companies include Bamaina Alluminium Limited, Bamaina Holdings Limited, Bamaina Company Nigeria Limited, Rawda Integrated Services Limited, Speeds International Limited and Saby Integrated Nigeria Limited.
It was discovered that the account of the companies received huge cash inflow between 2007 when Lamido and 2013. Findings revealed that Bamaina Aluminium, which has the Governor and his two sons as Directors received total credit of N1.52billion between January 2010 and August 2013. Incidentally, the account is controlled by Mustapha Lamido, who is the signatory to it. It also recorded a total debit of the same amount, with Mustapha and other companies in which Lamido and his sons are directors, being the beneficiaries.
Bamaina Holdings Limited’s account which has the governor as sole signatory also received a total of N1.19billion between February 2007 and July 2013. About N1billion was paid from this account into accounts of companies controlled by the governor and his sons.
Bamaina Company Nigeria limited controlled by Mustapha as sole signatory was also discovered to have received lodgements of over N 500 million from Bamaina Alluminium between January 2010 and July 2013.
Rawda Integrated Services Limited controlled by Mustapha, effected transfer of funds to Speeds International Limited, a company owned by Governor Sule Lamido. The company’s account recorded a turnover of N2.2billion between January 2007 and February 2010 while Saby Integrated Services Nigeria Limited, another company owned by Lamido received over N730million from several Jigawa State government agencies between June 2010 and August 2010.
EFCC spokesman, Wilson Uwujaren confirmed the arrest.