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Monday 30 November 2015

Ex Finance Minister Bashir Yuguda arrested over alleged $2 Billion arms scandal

The former Minister of State for Finance, Bashir Yuguda, has been arrested by the EFCC for his role in the controversial arms procurement scandal surrounding former NSA, Sambo Dasuki. Mr Yuguda was arrested Monday afternoon and was currently being held by detectives.
According to reports, a huge amount of money, “running into billions” was allegedly traced to the former minister account, the funds meant for arms procurement was directly transferred to him from the NSA office and he has been unable to
explain the rationale for the transfer,” a source said.


“The transfers were made to his account between December 2014 and May 2015.” A number of top officials from the office of the National Security Adviser were also arrested.

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