NEWSPOLITICS

Two Sons of Gov. Lamido in EFCC’s Net for Laundering N10bn Jigawa State’s money

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Aminu Lamido and Mustapha Lamido, sons of Jigawa State governor, Alhaji Sule Lamido were arrested on Thursday between 10-11:55pm by the Economic and Financial Crimes Commission, EFCC.

The men are presently in EFCC custody in Abuja, being questioned in an investigation that commenced in December 2012 when Aminu Sule Lamido was arrested at the Mallam Aminu Kano Airport en route Cairo, Egypt for failure to declare the $50,000 he had on him.

Reports say that after his arrest, prosecution and conviction, the EFCC were able to trace over N10 billion laundered by the Jigawa state governor and his sons into accounts of about 10 companies in which Sule Lamido and his two sons have had interest from 2007 till date.

The companies include Bamaina Alluminium Limited, Bamaina Holdings Limited, Bamaina Company Nigeria Limited, Rawda Integrated Services Limited, Speeds International Limited and Saby Integrated Nigeria Limited.

Bamaina Aluminium where Sule Lamido and his two sons are directors, is said to have an account controlled by Mustapha as signatory, receiving total credit of N1.52billion between January 2010 and August 2013. It also recorded a total debit of the same amount, with Mustapha and other companies in which Lamido and his sons are directors, being the beneficiaries.

Bamaina Holdings Limited’s account has the governor as sole signatory and received a total of N1.19billion between February 2007 and July 2013. About N1billion was then paid from this account into accounts of companies controlled by the governor and his sons.

Bamaina Company Nigeria limited’s account is controlled by Mustapha as sole signatory from Bamaina Alluminium. Between January 2010 and July 2013, the account has received over N500million.

Over N6 Billion has been laundered in and out of several other companies’ accounts controlled by the Governor and his sons.

This action by the EFCC has however raised eyebrows, with citizens wondering why the Commission is yet to go after Princess Stella Oduah who is involved in a N225 million car scam.

There is great concern that the Commission only expends efforts when perceived enemies of President Jonathan are involved.

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