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Showing posts from March, 2017

N522bn Paris Club loan refund: Saraki accused of money laundering

N522bn Paris Club loan refund: Saraki accused of money laundering Sahara Reporters is reporting an alleged diversion of billions of naira in Paris Club loan refunds by the Senate President Bukola Saraki and Nigerian businessman Hassan Dambaba According to the report, while Dambaba embezzled as much as N2.5 billion from the Paris/London Club refunds, Saraki grabbed for himself at least N3.5 billion. N522bn Paris Club loan refund: Saraki, Dambaba accused of money laundering The report comes after Dambaba presented himself for interrogation by agents of the Economic and Financial Crimes Commission (EFCC). It was gathered that Dambaba was accompanied by a director of the Department of State Services (DSS), and according to a source, the businessman was acting as a front for Governor Abdulraziz Yariof Zamfara state, who is also the chairman of the Governors' Forum. Speaking anonymously with Sahara Reporters, an EFCC investigator disclosed that the Paris loan club fund, which was a...