• Latest
  • Trending
  • All
  • National News
  • Business
  • Politics
  • Science
  • World
  • Lifestyle
  • Tech
EFCC Arrests Nyako’s Son over N15b Alleged Money Laundering

EFCC Arrests Nyako’s Son over N15b Alleged Money Laundering

February 14, 2015
Auto Draft

10 Key Things to Know about Justice Lifu’s Judgment Affecting ADC, Atiku, By Abdulrahman Abdulaziz

November 7, 2026
Federal High Court

Court sacks David Mark-led ADC leadership, voids Atiku’s presidential primary

November 5, 2026
PDP convention

PDP leadership crisis: Turaki group loses again to Wike; heads to Supreme Court

November 5, 2026
benin city

Benin to receive 40 new repatriated looted artefacts from Sweden

November 4, 2026
outbreak

NMDPRA,​‌‌‌⁠‍‍⁠⁠‍‌⁠‌⁠‍⁠‍‌‌​ EFCC crack down on illegal refinery operation in Ogun

November 4, 2026
Sanwo-Olu’s new official portrait shows his brand identity – Aide

Sanwo-Olu Inaugurates Ministry of Justice Legal Research and Training Centre in Lagos

November 4, 2026
Extortion, misconduct: PSC demands probe of top police officers

Misconduct: PSC dismisses 3 senior police officers, demotes 16 others

November 4, 2026
Senate passes Finance Bill

Senate passes National Health Act bill for second reading

November 4, 2026
Largest rescue operation in history excites Tinubu; 308 victims now free

Troops neutralise 3 kidnappers, recover 4 AK-47 rifles in Kogi

November 4, 2026
Senate to consider Diaspora Voting Bill this week – Sen. Bamidele

30 state Houses of Assembly approve State Police Bill – Senate Leader

November 4, 2026
Federal High Court

Court sacks Sen. Karimi as APC candidate for 2027 Kogi West senatorial poll

November 4, 2026
Senate passes Finance Bill

Tinubu Seeks Senate Approval for $7.7bn External Borrowing to Fund 2026 Budget Deficit

November 4, 2026
  • Home
  • National News
    • Metro News
      • metro
    • Society
    • Politics
    • Crime and Justice
  • Special Reports
    • Investigation
    • Features
    • Interviews
  • Opinion
    • Business & Economy
    • Commentaries
    • Perspectives
  • Press Releases
  • International News
Saturday, November 7, 2026
  • Login
Political Economist
  • Home
  • National News
    • Metro News
      • metro
    • Society
    • Politics
    • Crime and Justice
  • Special Reports
    • Investigation
    • Features
    • Interviews
  • Opinion
    • Business & Economy
    • Commentaries
    • Perspectives
  • Press Releases
  • International News
No Result
View All Result
Political Economist
No Result
View All Result
Home National News

EFCC Arrests Nyako’s Son over N15b Alleged Money Laundering

by Admin
February 14, 2015
in National News
0
EFCC Arrests Nyako’s Son over N15b Alleged Money Laundering
491
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter

abdulazeez nyakoBarely two weeks after the Economic and Financial Crimes Commission, EFCC, declared former Adamawa State Governor, Murtala Nyako and his son, Abdul-Aziz, wanted, operatives of the anti- graft agency, Friday morning arrested the younger Nyako in Gombe, Gombe State. He was immediately flown to Abuja where he is currently being grilled by a crack team of detectives who had been working on the Adamawa investigation for several months.

Abdul-Aziz, who was declared wanted by the EFCC in the case of stealing, abuse of office and money laundering, is currently telling investigators all he knows about illicit funds traced to companies where he has interest.

Specifically, he will have to explain how over N15billion funds belonging to Adamawa State was laundered into the accounts of five companies owned by him- Blue Opal Nigeria limited, Crust Energy Nigeria Limited, Blue Ribbon Multilinks Limited, Tower Assets Management Limited and Blue Ribbon Bureau De Change.

The funds was funned into the accounts of the companies from Adamawa State accounts domiciled in a new generation bank by the account officer who incidentally is the manager and an in-law to ex-governor Nyako.

The manager claimed he transferred the funds through verbal instruction from the former governor for purposes which are not stated.

Investigations revealed that from 2007 to 2011 within Nyako’s tenure in office, before he was impeached in 2014, he had directed that all of the state owned accounts domiciled in various banks be transferred to the new generation bank .

Abdul-Aziz’s company, Blue Opal, is said to own, among other investments in Nigeria, an estate in Abuja, while his father’s account officer owns several properties and investments scattered around Abuja, Yola and Kano.

Former governor Nyako is still on the run.

 

  • Facebook
  • Share on X
  • LinkedIn
  • WhatsApp
  • Email
  • Copy Link
Tags: mainnewsmainnews2newstickerrecommended
Share196Tweet123
Admin

Admin

  • Trending
  • Comments
  • Latest
The Doherty brothers plot to hijack Lagos governorship, by March Oyinki   

The Doherty brothers plot to hijack Lagos governorship, by March Oyinki  

October 1, 2026
Top 11 ‘Firsts’ about US midterm elections: First open gay, first black governor, others

Top 11 ‘Firsts’ about US midterm elections: First open gay, first black governor, others

November 4, 2026
PDP convention

PDP leadership crisis: Turaki group loses again to Wike; heads to Supreme Court

November 5, 2026
IGP Orders State CPs To Recover Fire Arms From Private Security Outfits

Jonathan Sacks IGP Abba, Appoints Arase

19
Zinox iPower Inverter Claws to Market Dominance

Zinox iPower Inverter Claws to Market Dominance

2
Police seal off Ondo House of Assembly

Police foil another suicide bomb attempt in Borno, kill three bombers

2
Auto Draft

10 Key Things to Know about Justice Lifu’s Judgment Affecting ADC, Atiku, By Abdulrahman Abdulaziz

November 7, 2026
Federal High Court

Court sacks David Mark-led ADC leadership, voids Atiku’s presidential primary

November 5, 2026
PDP convention

PDP leadership crisis: Turaki group loses again to Wike; heads to Supreme Court

November 5, 2026
Political Economist

Copyright © 2017 JNews.

Navigate Site

  • About
  • Advertise
  • Privacy & Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • National News
    • Metro News
      • metro
    • Society
    • Politics
    • Crime and Justice
  • Special Reports
    • Investigation
    • Features
    • Interviews
  • Opinion
    • Business & Economy
    • Commentaries
    • Perspectives
  • Press Releases
  • International News

Copyright © 2017 JNews.