Friday, 24 April 2015

Ex-Gov Modu Sheriff in EFCC Drama over N300bn Borno Fund

modu-sheriff

A former governor of Borno State, Ali Modu Sheriff, is expected to appear before anti-graft agency, the Economic and Financial Crimes Commission, on Thursday.

PREMIUM TIMES exclusively learnt Tuesday that he has been summoned by the Commission and is expected to report at the agency’s Abuja head office to respond to questions bordering on allegations of “misappropriation, embezzlement of funds and abuse of office while he was governor”.
Multiple sources say that should Mr. Sheriff failed to show up as directed, he would be declared wanted and then arrested. Detectives were already on his trail and watching his movement to prevent him from fleeing.
Although the specific allegations against the former governor is unclear at this time, this newspaper gathered that the investigation is related with allegations that parts of the N300billion his administration received from the Federation Account between 2003 and 2011 may not have been judiciously spent.
The investigation began in 2012 and had been ongoing ever since.

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