The Economic and Financial Crimes Commission, EFCC, has arrested a former Minister of State for Finance, Amb. Bashir Yuguda, for his alleged involvement in the sharing of the sum of N450m( Four Hundred and Fifty Million Naira) allocated to Zamfara out of the $115m deposited in Fidelity Bank Plc. by the immediate past Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke, during the 2015 general elections.
Yuguda is one of the former ministers in the administration of former President Goodluck Jonathan who are being investigated by the anti-graft agency.
Yuguda, in his statement, on Wednesday, May 11, 2016, admitted to have collected a total of N450 million in his capacity as a chieftain of the People's Democratic Party, PDP, in his state.
The former minister, who hails from Zamfara State, also stated that he supervised the sharing of the money in his home.
According to him, a former Secretary to the Zamfara State Government and member of PDP Presidential Campaign Committee 2015, Aminu Ahmed Nahuche, collected the sum of N450m allocated to Zamfara State from Fidelity Bank Plc.
The former minister is still under investigation at the EFCC Kano zonal office.
Wilson Uwujaren,
Head, Media & Publicity,
May 11, 2016