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EFCC Arrests Bankole’s Deputy!

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In what might be described as another late Sunday arrest, operatives of the Economic and Financial Crimes Commission have arrested the former Deputy Speaker of the House of Representatives, Usman Bayero Nafada.
Street Journal has been informed that Honourables Bankole and Nafada will probably be arraigned on fresh charges before a Federal High Court today, Monday 13th June. The duo might be arraigned over illegal procurement and misappropriation of about N 40 billion. It will be recalled that the former Speaker of the lower legislative arm of government, Hon. Dimeji Bankole was arrested last weekend and was arraigned on a 16 count charge last week.
Meanwhile, Street Journal has also gathered that officials of the United Bank for Africa (UBA) have made appearances at the office of the EFCC in view of the $ 1 billion money laundering allegation involving the former Speaker and some of his aides. Investigations revealed that the MD of the UBA has begun cooperating with the EFCC to explain the movement huge amounts of money through proxy domiciliary accounts at the UBA.

The Travails of Dimeji Bankole: From Speaker’s seat to detention cell

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