The Economic and Financial Crimes Commission (EFCC) has apprehended a candidate of the New Nigeria Peoples Party (NNPP) for the Kogi State House of Assembly seat, Ismaila Yusuf Atumeyi, with N326 million and $140,500 cash.
Atumeyi, a candidate of the NNPP for Ankpa II Constituency in the State Assembly, was arrested on Sunday, October 30, 2022 together with one Mr. Joshua Dominic for alleged internet fraud.
EFCC’s spokesperson, Wilson Uwujaren disclosed that suspects were arrested in a covert operation at Macedonia Street, Queens Estate, Karsana, Gwarinpa in Abuja.
He further said Femi gave the hint that led to the attack on a bank by the syndicate.
“He (Femi) was picked up Tuesday, November 1, 2022, at Radisson Blu Hotel in Lagos. Following his arrest, a search was conducted on his home in Morgan Estate, Ojodu where a total of $470,000 USD was recovered.
The suspects were after several months of thorough investigation into the hacking of one of the commercial banks by a syndicate of fraudsters who perpetrated the fraud.
The criminals allegedly moved N887 million into the account of Fav Oil and Gas limited, from where the monies were paid to several Bureau de Change operators and some auto dealers for exchange into United States Dollars and purchase of high-end cars,” he said.
The EFCC added that Dominic, who has severally been arrested for fraud, allegedly helped Atumeyi perfect the hacking plan through Abdumalik.
“Dominic, a self-styled investment expert and managing director of Brisk Capital Limited was arrested in May 2021 by the Special Fraud Unit of the Nigeria Police for alleged N2billion investment scam. He allegedly defrauded over 500 persons in a phony investment scheme.
Two Range Rover Luxury SUVs were also recovered
from the two suspects arrested in Abuja. They will be charged to court as soon as the investigation is concluded,” he added.