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Sunday, May 18, 2014

Adopted Son Of General Buhari nabbed For alleged ₦20m Scam



An adopted son of a former military Head of State, General Mohammadu Buhari  has been arrested by operatives of the Economic and Financial Crimes Commission, EFCC, over an alleged N20 ( Twenty Million Naira only) fraud The suspect, Mohammed Buhari, was arrested over a transaction that's the trappings of voodoo investment scheme. He allegedly obtained N20 million from one Mrs Florence Nwokocha, purportedly to buy lucrative oil and gas business with promises of mouth watery returns to the investor. 
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Buhari was allegedly introduced to the woman by his account officer at Ecobank Plc and he agreed to pay for Nwokocha, 30 percent annual interest on the sum. But once the amount of money was transferred, Buhari cleaned out the account but never paid any interest to the woman. sources at the EFCC informs that the suspect claims he ran into trouble after he lost the financial institution guarantee which he secured from another new generation bank. The financial institution, he claims, voided the guarantee on the floor that the branch of the financial institution that processed it was not competent to do so. Buhari remains in the custody of the EFCC as investigations in case continue.

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