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N400M Fraud: EFCC Arrests Ebonyi State Governor’s Brother

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EFCC Operatives

The Economic and Financial Crimes Commission (EFCC) on Monday arrested Austin Umahi, brother to the current governor of Ebonyi State, David Umahi over a N400million fund meant for compromising the 2015 presidential campaign in favour of the Peoples Democratic Party.

Austin was arrested along with two others-Chinyere Egwuche and Mabel Dikibo-for using some companies to divert the huge sum to themselves.

The suspects, all staff of Brass Engineering & Construction Nigeria Limited and Osborn La-Palm Royal Resort, were arrested for refusing to honour invitations by the EFCC over an ongoing investigation of both companies.

While Austin Umahi doubles as chairman of both companies, Chinyere Egwuche and Marbel Dikibo are also signatories to the companies’ accounts.

EFCC Spokesman, Wilson Uwujaren said: “While Austin Umahi doubles as the Chairman of both companies, Chinyere Egwuche and Marbel Dikibo are also signatories to the companies’ accounts.

“Investigations by the commission revealed that the sum of N400 million was released by the Director of Finance, PDP Presidential Campaign Organisation, Senator Nenadi Usman, to PDP Ebonyi State for the 2015 presidential election.”

 

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