EFCC investigates Bauchi Governor Bala Mohammed over alleged N70bn fraud

The Economic and Financial Crimes Commission (EFCC) has confirmed an ongoing investigation into Bauchi State Governor, Bala Mohammed, over an alleged N70 billion fraud.

As part of the probe, the Accountant-General of the state, Alhaji Sirajo Mohammed, has been arrested in Abuja.

EFCC spokesperson, Mr. Dele Oyewale, disclosed that the commission had uncovered suspicious cash withdrawals totaling N59 billion from various bank accounts operated by the Accountant-General on behalf of the state government.

“The Commission is investigating the Governor of Bauchi State, Senator Bala Mohammed regarding the matter. Already, investigations showed that cash withdrawal of N59 billion had been made through various bank accounts opened and operated by the Accountant-General on behalf of the state government,” Oyewale stated.

He further revealed that the withdrawn funds were funneled through Aliyu Abubakar of Jasfad Resources Enterprise, an unlicensed bureau de change (BDC) operator, and Sunusi Ibrahim Sambo, a Point of Sale (PoS) operator. The money was allegedly distributed as cash payments to party agents and associates of the governor.

The EFCC had previously granted bail to Abubakar, but he reportedly absconded before being rearrested.

Sirajo Mohammed, Abubakar, and Sambo were all taken into custody over alleged money laundering, misappropriation, and diversion of public funds.

The EFCC revealed that investigations are ongoing, with further actions expected as the case unfolds.