Mudasiru Obasa
HighlightTop StoryTrending Story

Lagos Speaker, aides arrested, quizzed by EFCC over N286m fraud

387

 

The Speaker,  Lagos State House of Assembly,  Mudashiru Obasa, was on Thursday quizzed by the Economic and Financial Crimes Commission (EFCC) over allegations of financial recklessness to the tune of N286 million.

Obasa, who arrived the EFCC headquarters, Abuja at 10:00 am, came in company of his lawyers who were restricted to the reception.

Persecondnews also learnt that the Independent Corrupt Practices Commission (ICPC) has also invited him for financial impropriety.

 

Obasa has been under investigation by the anti-graft commission following series of revelation detailing allegations of misappropriation of funds from the coffers of the House, including over bloated expenses.

An online news medium had alleged that Obasa operates over 60 bank accounts and had used his office to misappropriate funds and allocate contracts to himself through third party sources, as well as other acquaintances, releasing some classified documents to back up their report.

It also accused Obasa of spending N258 million  to print invitation cards for the inauguration of the state 9th Assembly.

He approved N80 million as estacode for 20 wives of some lawmakers to travel to Dubai, while his wife collected N10 millon monthly from the House.

Though the Speaker had consistently denied all the allegations but a petition from the Civil Society Network Against Corruption (CISNAC) had nailed Obasa.

In July 2020, the EFCC invited some members of the House and j personal aides to the Speaker for questioning.

 

Leave a comment

Related Articles

Tax Reform Bill Set to Revolutionize Nigeria’s Tax System, Says NEITI

The Nigeria Extractive Industries Transparency Initiative (NEITI) has thrown its weight behind...

Alleged $45m money laundering: Court remands El-Rufai’s ex-Chief of Staff in prison

Bashir Sa’idu, former Chief of Staff to ex-Governor of Kaduna State, Nasir...

Edo Gov. election tribunal: Gov. Okpebholo orders probe into alleged DSS assault on journalists

Edo Gov. Monday Okpebholo has called for a probe into the alleged...

FirstBank Bountiful Harvest of Awards In 2024 – Testament To Excellence And Stakeholder Trust

In the gilded halls of excellence where dreams are crafted into legacies,...

Football development: NFF begins construction of hostel, world-class pitches

The Nigeria Football Federation (NFF) has commenced the construction of a hostel...

Nigeria secures endorsement of seven countries for UNESCO media institute

Nigeria has taken a significant step towards hosting the UNESCO Category II...

Xenophobic attacks: Tension rises between Nigeria and South Africa amid property damage, seizures

Tensions between Nigeria and South Africa have escalated following allegations of systematic...

Breaking: Reconsider your withdrawal, come for dialogue, WHO urges US

Few hours after US pulling out, the World Health Organisation(WHO) has expressed...

NPA, NLNG collaborate to boost Nigeria’s export capabilities

In a bold move to boost Nigeria’s export sector, the Nigerian Ports...

Trump grants TikTok 75-day reprieve, eyes 50-50 partnership with ByteDance

In a surprise move, US President Donald Trump has ordered a 75-day...

Just in: FCT CP loses son in car accident

The Federal Capital Territory (FCT) Commissioner of Police, Tunji Disu, has reportedly...

Few weeks to son’s wedding, FG’s hospital senior staff commits suicide, plungs into deep well

A tragic incident has hit the Federal Medical Centre (FMC), Idi-Aba, Abeokuta,...

14 key takeaways from Donald Trump’s inaugural speech as the 47th President of the United States:

1. The golden age begins now. The golden age of America begins...

1,500 Capitol Rioters Receive Unprecedented Pardon from Trump, Sparks Outrage

Just hours after taking office, US President Donald Trump granted pardons on...

Breaking: Trump pulls US from WHO, signs executive bill

US President Donald Trump has signed an executive order to withdraw the...

Pres. Trump reverses Biden’s Paris deal

Newly-inaugurated President Donald Trump has confirmed that he will withdraw the United...

NNPC Ltd Blames Economic Saboteurs for Buguma Wellhead Fire, Pledges to Combat Threat

The Nigerian National Petroleum Company Limited (NNPC Ltd) has pinpointed pipeline vandalism...

Inaugural Speech of Donald J. Trump, 47th. President of America

Thank you. Thank you very much, everybody. Well, thank you very, very...

Just in: Nigerian Telecom Users to Pay More as NCC Approves 50% Tariff Hike

The Nigerian Communications Commission (NCC) has granted telecom operators’ request to adjust...

Breaking: Trump vows to halt illegal immigration

Donald Trump was inaugurated as the 47th President of the United States...