An adopted
son of a former military Head of State, General Mohammadu Buhari was on has
been arrested by operatives of the Economic and Financial Crimes Commission,
EFCC, over an alleged N20( Twenty Million Naira only) fraud.
Sahara Reports.
The suspect,
Mohammed Buhari, was arrested over a
transaction that has the trappings of voodoo investment scheme. He allegedly
obtained N20 million from one Mrs Florence Nwokocha, purportedly to invest in a
lucrative oil and gas business with promises of mouth watery returns to the investor.
Buhari was allegedly introduced to the lady by his account officer at Ecobank
Plc and he agreed to pay Nwokocha, 30 percent annual interest on the sum.
But once the
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
bank guarantee which he secured from another new generation bank. The bank, he
claims, voided the guarantee on the ground that the branch of the bank that
processed it was not competent to do so.
Buhari is
still in the custody of the EFCC as investigations in the case continue.
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