Alleged N500bn scam: CSO writes EFCC, ICPC, demands Ayade's probe

Nigeria News News

Alleged N500bn scam: CSO writes EFCC, ICPC, demands Ayade's probe
Nigeria Latest News,Nigeria Headlines
  • 📰 MobilePunch
  • ⏱ Reading Time:
  • 40 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 63%

A human rights organisation under the aegis of Network Against Corruption and Trafficking on Tuesday in Abuja called on the Economic and Financial Crimes Commission and the Independent Corrupt Practices Commission to investigate Governor Ben Ayade of Cross River State over alleged financial impropriety and money laundering.

The organisation cited an audit report of the state treasury between 2015 and 2020, which, it said, allegedly exposed how Ayade squandered state resources while serving as governor.

Details of the report given to journalists during a press conference in Abuja said that Ayade allegedly diverted funds meant for infrastructure development, workers’ welfare, and other critical sectors to personal use. But when contacted, Ayade’s Chief Press Secretary, Christian Ita, told journalists the claims were baseless and politically motivated.

He accused NACAT of being a tool in the hands of opposition politicians, who were desperate to tarnish the governor’s image. “Please, before I respond, kindly do us a favour, and calculate how much allocations have come to the state in eight years. They’re published by the Federal Government. The state hasn’t earned that kind of money in eight years. So, from where did he see N500 million to steal?”, Ita said.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

MobilePunch /  🏆 8. in NG

Nigeria Latest News, Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Timi Frank asks EFCC, ICPC to probe NDDC's $15bn rail projectTimi Frank asks EFCC, ICPC to probe NDDC's $15bn rail projectTimi Frank, a former deputy spokesperson of the All Progressives Congress (APC), has asked the Economic and Financial Crimes Commission (EFCC) and the Independent Corrupt Practices and Other Related Offences Commission (ICPC) to probe a project by the Niger Delta Development Commission (NDDC).
Read more »

Group Wants EFCC Officer Honoured For Rejecting N50m BribeGroup Wants EFCC Officer Honoured For Rejecting N50m BribeA group, Anti-Corruption Crusaders Network (ACCN) based in Kaduna, has urged the Nigeria Police authorities to reward Abdullahi Lawal, the former Sokoto State
Read more »

EFCC Raids Varsity Hostels, Arrests 19 Students For Internet FraudEFCC Raids Varsity Hostels, Arrests 19 Students For Internet FraudIn a bid to stem internet scams, popularly called ‘yahoo yahoo’, operatives of the Akwa Ibom State Command of the Economic and Financial Crimes Commission
Read more »

EFCC raids hostels in UyoEFCC raids hostels in UyoThe anti-graft agency raided two private hostels at Ikot Akpadem in Mkpat-Enin LGA of Akwa Ibom on April 28. EFCC said the raid followed several months of surveillance on their suspected involvement in romance scams, fraudulent cryptocurrency transactions, and impersonation. The raided hostels include Obong Abasi Lodge and Mfon Obong Lodge, both located at Ikot Akpadem. A total of 19 undergraduate students were arrested, all studying at AKSU. EFCC said its operatives recovered several laptops and mobile phones during the raid. “They will be charged to court as soon as Investigations are concluded,” the commission said in a statement. In mid-2022, the director of logistics for the National Association of Nigerian Students (NANS) at the Federal University Oye-Ekiti (FUOYE) was arrested for internet fraud. This raised concerns about how widespread cybercrime is among student communities. In the last three years alone, the EFCC has conducted several raids on student-inhabited areas. It…
Read more »

Ekweremadu: UK Police, EFCC scuttled bail process - HURIWAEkweremadu: UK Police, EFCC scuttled bail process - HURIWAThe Human Rights Writers Association, HURIWA, on Monday said Senator Ike Ekweremadu's alleged organ harvest case was a bailable offence in UK laws, but
Read more »

EFCC arrests 18 suspected internet fraudsters in EnuguEFCC arrests 18 suspected internet fraudsters in EnuguThe commission disclosed this in a statement shared on its Twitter handle on Tuesday.
Read more »



Render Time: 2025-03-09 03:39:19