Former Minister of Power Arrested by EFCC for Alleged N22 Billion Fraud

 Former Minister of Power Arrested by EFCC for Alleged N22 Billion Fraud

EFCC reportedly arrests Buhari ex-minister over 22 billion naira fraud

In a startling turn of events, Sale Mamman, the former Minister of Power, finds himself embroiled in a high-profile scandal. The Economic and Financial Crimes Commission (EFCC) has arrested Mamman, accusing him of orchestrating a massive N22 billion fraud scheme. This article delves into the details of Mamman's arrest, shedding light on the alleged corruption in the execution of significant power projects during his tenure.

Between 2019 and 2021, Sale Mamman held the position of Minister of Power under the administration of President Muhammadu Buhari. During his tenure, he was entrusted with spearheading crucial initiatives to drive Nigeria's power sector forward.

In the early hours of Wednesday, May 10, the EFCC apprehended Mamman in connection with ongoing investigations into corruption allegations related to several power projects. Notably, the focus is on Mamman's alleged involvement in a conspiracy with ministry personnel overseeing the accounts of the Zungeru and Mambilla Hydro Electric Power projects. The authorities suspect Mamman and his accomplices of diverting a staggering N22 billion from these projects for personal gain.

Following his arrest, Mamman is presently being held at the EFCC headquarters located in Abuja. This move signifies the seriousness of the allegations and the determination of law enforcement agencies to thoroughly examine the matter.

During the investigations, authorities made significant discoveries, revealing properties both within Nigeria and abroad that are allegedly connected to the suspects involved in the fraudulent scheme. Furthermore, substantial amounts of naira and dollars have reportedly been recovered, underscoring the magnitude of the alleged financial malfeasance.

“He has been living permanently at Transcorp Hilton since early August. His bills were being covered by elements in the power sector who were looking forward to more lucrative contracts before the bad news of his dismissal struck yesterday,” the source said

In September 2021, President Buhari made the decision to relieve Sale Mamman of his ministerial position. While the specific reasons behind the dismissal were not disclosed at the time, recent developments shed light on the extent of corruption allegations that might have influenced the president's decision.

According to insider information, Mamman had been residing at the prestigious Transcorp Hilton in Abuja for over three weeks. Astonishingly, his bills were being covered by influential figures within the power sector who expected to benefit from future lucrative contracts. However, with the news of Mamman's dismissal, these arrangements came to an abrupt halt.

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