Nyako’s Son Arrested by EFCC
The son of the former governor of Adamawa state, Abdul-Aziz Nyako, was arrested on Friday in Gombe state by the Economic and Financial Crimes Commission after he and his father, Murtala Nyako, were declared wanted less than two weeks.
Nyako, who had earlier been declared wanted “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”, was flown to Abuja after his arrest to be questioned by detectives
The Head of Media & Publicity of the commission, Wilson Uwujaren, released a statement about the arrest, saying:
”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.”