The Economic and Financial Crimes Commission has arrested two sons of Jigawa state governor, Sule Lamido, over an alleged N10billion fraud.

Aminu and Mustapha  Lamido were arrested Thursday in Kano and flown to Abuja on Friday morning, and are currently being interrogated at the EFCC headquarters in Abuja by a crack team of detectives.

The arrest of the governor’s sons, insiders say, is in furtherance of the investigation that commenced in December 2012 when Aminu Sule Lamido was arrested at the Mallam Aminu Kano Airport en route Cairo, Egypt for failure to declare the $50,000 he had on him.

Although Aminu has since been prosecuted and convicted by a Federal High Court in Kano, investigation as to how he came by the money has led investigations to uncover a web of money laundering in which billions of naira from Jigawa state government accounts are funnelled into the accounts of companies run by the Jigawa state governor and his two sons.

Over N10billion is said to have been transferred from Jigawa state government accounts into the accounts in which Sule Lamido and his two sons have interest from 2007 till date.
The Commission is said to have traced these transfers to 10 companies where Lamido and sons are directors and signatories to the account.

The companies include Bamaina Alluminium Limited, Bamaina Holdings Limited, Bamaina Company Nigeria Limited, Rawda Integrated Services Limited, Speeds International Limited and Saby Integrated Nigeria Limited.

The account of these companies received huge cash inflow between 2007 and 2013, a period that coincide with the tenure of Sule Lamido as governor of Jigawa state. For instance in Bamaina Aluminium where Sule Lamido and his two sons are directors, investigations revealed that the company’s account controlled by Mustapha as signatory received total credit of N1.52billion between January 2010 and August 2013.

It recorded a total debit of the same amount, with Mustapha and other companies in which Lamido and his sons are directors, being the beneficiaries.
In the same vein, Bamaina Holdings Limited’s account with the governor as sole signatory received a total of N1.19billion between February 2007 and July 2013. About N1billion was paid from this account into accounts of companies controlled by the governor and his sons.

Massive lodgements were also discovered in the account of Bamaina Company Nigeria limited controlled by Mustapha as sole signatory from Bamaina Alluminium. Between January 2010 and July 2013, the account received over N500million.

From the account of Rawda Integrated Services Limited controlled by Mustapha, there have also been massive movement of funds to another company run by Sule Lamido, Speeds International Limited. Speeds’ account recorded a turnover ofN2.2billion between January 2007 and February 2010.

In the account of Rawda with a new generation bank investigators discovered the movement of N2.6billion to an unknown signatory.

That account recorded over one hundred withdrawals running to over N600milion in cash between November 2007 and April 2008
Saby Integrated Services Nigeria Limited, another company owned by Lamido received over N730million from several Jigawa State government agencies between June 2010 and August 2010.

http://premiumtimesng.com/news/149632-breaking-efcc-arrests-sule-lamidos-sons-over-alleged-n10billion-fraud.html

One by one...
Next will be Gov. Murtala Nyako then Gov. Babangida Aliyu.

HEEEEEEEEEY FEEEEEEEEEEE CEEEEEEEEEEEE DEMOCRACY FOR CRIMINALS

L.M Ayedun..:
One by one...
Next will be Gov. Murtala Nyako then Gov. Babangida Aliyu.

You forgot to mention Gov. Rabiu Kwankanwso, Gov. Amaechi and finally, Gov. Abdulfatai Ahmed & his Oga Bukola Saraki.

We knw the forces behind all this.....

yunglykmine: You forgot to mention Gov. Rabiu Kwankanwso, Gov. Amaechi and finally, Gov. Abdulfatai Ahmed & his Oga Bukola Saraki.

We knw the forces behind all this.....

LOL!!
A very predictable kinda politics we play in Nigeria.

The dudes should be jailed Asap

All criminals must be prosecuted to the fullest extent of the law. These arrests remind me of the arrest of IBB's son when OBJ felt threatened by IBB. Mohammed, IBB's son, did not spend a single day in jail.

L.M Ayedun..:
LOL!!
A very predictable kinda politics we play in Nigeria.

We all knw EFCC is a political tool used against those tryna oppose or those in a power tussle with the presidency.

EFCC is only doing the needful.

Political fight against corruption....

Garri the 1st: Political fight against corruption....

perfect words!!!

Like father like son

At the time his son was arrested in 2012 with 50000 undeclared dollars cash, you people didnt say it was because his father was in the opposition. Did you not ask for his father;s head at that time?


http://premiumtimesng.com/news/140807-court-convicts-governor-sule-lamidos-son-for-money-laundering.html

Aminu Sule Lamido, the 34-year old son of Jigawa State governor, Sule Lamido, prosecuted by the Economic and Financial Crimes Commission for money laundering, was Friday convicted by Justice Fatu Riman of the Federal High Court, Kano, and ordered to forfeit 25 per cent of the undeclared sum of $40,000.

But the governor’s son won’t be serving any jail term. He will walk free after forfeiture of the 25 per cent of the undeclared sum.
Aminu was arrested on December 11, 2012 at the Mallam Aminu Kano International Airport on his way to Egypt for failure to declare the $50,000 in his possession. He only declared $10,000 to the Nigerian Customs Service.

When he was arraigned before Justice Riman on Monday February 4, 2013, Aminu pleaded not guilty to the charge and was remanded in prison pending hearing of his application for bail.

The charge against the accused reads: “That you Aminu Sule Lamido on or about 11th day of December, 2012 at the Mallam Aminu International Airport, Kano within the Jurisdiction of the Federal High Court while transporting in cash, the sum of $50,000 (Fifty Thousand Dollars Only) from Nigeria to Cairo, Egypt, falsely declare to the Nigerian Customs the sum of $10,000 (Ten Thousand Dollars Only) instead of the said sum of $50,000 (Fifty Thousand Dollars Only) as required under Section 12 of the Foreign Exchange (Monitoring and Miscellaneous Provisions) Act Cap F34 Laws of the Federation of Nigeria 2004 and Section 2(3) of the Money Laundering (Prohibition) Act, 2011 and thereby committed an offence punishable under section 2(5) of the Money Laundering (Prohibition) Act 2011”.

At the resumed hearing on February 5, 2013, Justice Riman granted the accused person bail in the sum of N8million and two sureties in like sum.
In the course of trial, which got underway April 19, 2013, the prosecution called four witnesses and tendered documents which were admitted as exhibits. One of its witnesses, Sanusi Ahmed who is an operative of the EFCC, told the court that the accused person only registered $10,000 in the Nigerian Customs Declaration Form only for a search to reveal that he had $50,000 on him. He identified the Customs Declaration Form when it was shown to him. The document was accepted by court as exhibit 1.

The two witnesses called by the defence are the Chief Press Secretary to the Jigawa State Governor, Umar Kyare and the wife of the accused, Samira Aminu Sule.

At the last adjourned date, July 9, the court reserved ruling for July 12, after the parties had closed their cases and adopted their written addresses.

In convicting the accused person, the trial court held that the defence had proved its case beyond reasonable doubt.

Predictable moves by GEJ but albeit if they have a stone-cold evidence against them then they should carry the flak

By I ask where was EFCC since 2010? If G7 wasn't fighting GEJ then this issue won't have seen the light of the day

Selective Fight against Corruption but if True them let them go down for it!

yunglykmine: We all knw EFCC is a political tool used against those tryna oppose or those in a power tussle with the presidency.

EFCC is only doing the needful.

Nonsense. I guess you were asleep back in December 2012 when this story started. Bull sh it.

sagombugo: Predictable moves by GEJ but albeit if they have a stone-cold evidence against them then they should carry the flak

By I ask where was EFCC since 2010? If G7 wasn't fighting GEJ then this issue won't have seen the light of the day

Selective Fight against Corruption but if True them let them go down for it!

Shut up. Where were you when his son was arrested in December 2012? He was fighting GEJ then, right?

ishit4body:

Nonsense. I guess you were asleep back in December 2012 when this story started. Bull sh it.

So why the re-arrest then? With his Brother this time? And with more evidences.

Efcc finally given some prosthetic teeth. Hope they are firmly fixed and dont get dislodged when they bite and try to withdraw for another bite.

Ehhhhhhh! Wonderful*hands on head*

L.M Ayedun..:
Haba!!! Bros, na fight? This is a forum where we exchange views.

But she wasn't matured enough with her responses.

A neutral observer of my comment will know that in as much as we all know that the fight between the G7 and GEJ is becoming more 'deadly' hence everyone is likely to fight with their greatest weapon

I still left a window of believability for EFCC should they establish a prima facie case agains them

I don't care if APC is wooing the G7,if anyone of them is found to be corrupt,whether they are anti-GEJ or Pro-APC,that person should go down

But I hate personal attacks of any kind! We should argue,banter,flex muscle and heckle ourselves under the ambit of civility and maturity!

serves them right

[img]http:///ogPF/.jpg[/img][img]http:///ogPN/.jpg[/img]

[size=15pt]PLEASE WHAT DO I EVEN COMMENT IN THIS KIND OF CASE..

SHOULD I COMMENT LIKE THIS person [/size]

Mr Aboki: And to think that they said Jonathan was a reetardeen...



Who is the Reetardeen now biitchees..

[size=20pt]OR
WHAT IS THIS ONE SAYING[/size]

sagombugo: Predictable moves by GEJ but albeit if they have a stone-cold evidence against them then they should carry the flak

By I ask where was EFCC since 2010? If G7 wasn't fighting GEJ then this issue won't have seen the light of the day

Selective Fight against Corruption but if True them let them go down for it!

[size=20pt]OR

ALL THIS PEOPLE THAT LOVE GENERALIZING NIGERIANS[/size]

OYINBOGOJU: Nigeria, for example, leads the world in criminal enterprises. Every level of Nigerian society is criminal, with the smart ones running Internet scams, the mid-range ones running car theft rings, and the silly ones engaging in piracy and kidnapping.

At the Government House in Abuja, you can major in credit card fraud and money laundering.

The downside is that the country is now chock-full of people who come from cultures where criminality and government corruption is a way of life.

Exactly what they said about Nigerians on yahoo news.

[size=20pt]IN CONCLUSION I WOULD SAY[/size]

phreakabit: [size=18pt]10 billion NAIRA[/size]

[s]And them Papa dey champion the anti-corruption cause? Nigeria is an absolute MESS![/s]

[size=20pt]AND [/size]

baslone: Noise! What is EFFC?

Whether this is witch hunting or not, we should not lose sight of the sum in question.

How much is Jigawa worth that someone would embezzle such amount of money.

If only Boko Haram and Co can get their acts together and start targeting corrupt politicians.

How can someone take what belongs to everyone?

We should be concerned about how many politicians has been convicted and jailed since the establishment of EFCC till date. I wonder if Ibori would have been jailed if he was tried in Nigeria.

The concept of plea bargaining is not ideal.

If only we can get our acts together and make our leaders accountable to us and not the other way round, Nigeria would be a better place to live, grow, raise children and enjoy life.

Dis is political backdrop
since morning i never see food chop
dem de carry nigeria money lick lollipop
from deir mouth food de drop
OmG....

Nigeria, for example, leads the world in criminal enterprises. Every level of Nigerian society is criminal, with the smart ones running Internet scams, the mid-range ones running car theft rings, and the silly ones engaging in piracy and kidnapping.

At the Government House in Abuja, you can major in credit card fraud and money laundering.

The downside is that the country is now chock-full of people who come from cultures where criminality and government corruption is a way of life.

Exactly what they said about Nigerians on yahoo news.

Its the norm. Everyone wants to live the good life

hmm

Politics or no politics, those boys must be sentenced to prison like every other thief!

I know those bassstards won't get more than 6 months but they must enter prison.

Same Lamido being touted for President, ko?

Issorai, all na same same but different