N70bn Fraud: EFCC Nabs Bauchi State Accountant General
*Gov Bala Mohammed on the anti graft radar.
The Economic and Financial Crimes Commission, EFCC, has arrested the Accountant-General of Bauchi state, Sirajo Jaja, over alleged N70bn fraud.
He was picked up in Abuja on Wednesday, March 19, 2025, alongside Aliyu Abubakar of Jasfad Resources Enterprise, an unlicensed bureau de change, BDC, operator, and Sunusi Ibrahim Sambo, a Point of Sale, PoS, operator.
EFCC sources told FreshNews that the trio were arrested over alleged money laundering, diversion and misappropriation of funds running up to N90bn being investigated by the anti graft agency.
The EFCC, which is also investigating the state governor, Bala Mohammed in connection with the matter, disclosed that investigations indicated that cash withdrawals to the tune of N59bn had been made through various bank accounts, all of which were opened and operated by the Accountant General on behalf of the state government.
According to sources, the funds were moved to Abubakar and Sambo, who went on to make cash payments to party agents and associates of the governor.
The BDC operator, sources added, had earlier jumped bail but has been re-arrested.
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