The Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, has disclosed a concerning financial transaction involving a former governor of Kogi State, Yahaya Bello. According to Olukoyede, Bello transferred $720,000 from the state’s treasury to a bureau de change to prepay his child’s school fees before leaving office.
During an interview in Abuja on Tuesday, Olukoyede expressed dismay over such actions, particularly in a state like Kogi known for its financial challenges. He highlighted his attempt to engage Bello in clarifying the situation within the EFCC’s premises, but Bello declined, citing concerns about potential harassment from an unnamed individual.
Olukoyede emphasized his efforts to uphold transparency and accountability, offering Bello the opportunity to address the matter respectfully. However, Bello preferred an alternative arrangement, suggesting that the EFCC conduct the investigation in his village rather than at the agency’s office.
Despite this, Olukoyede underscored the EFCC’s commitment to its mandate, highlighting significant achievements in recovering funds and securing convictions during his tenure. He emphasized the importance of the EFCC’s role in protecting victims of financial crimes and ensuring justice.
The EFCC is preparing to arraign Bello on multiple charges related to alleged money laundering, breach of trust, and misappropriation of funds totaling N80.2 billion.
