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EFCC Investigates Federal Ministry Of Works’ Finance Director Over Multi-Billion Naira Assets

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EFCC Investigates Federal Ministry Of Works’ Finance Director Over Multi-Billion Naira Assets

Feb 20, 2012 – EFCC Investigates Federal Ministry Of Works’ Finance Director Over Multi-Billion Naira Assets

Just 1 month after Ibrahim Larmorde took over as Chairman of the EFCC, the commission has unearthed a suspected financial crime perpetrated by Alhaji Ibrahim Tumsa, the Director of Finance and Account of the Federal Ministry of Works, Abuja .

The EFCC, reacting to a petition against the Director last year in which he was accused of using fraudulent means to enrich himself, discovered in the course of investigation that the civil servant has acquired businesses and properties valued at several billions of naira, some of which were as listed:

  •  A Quarry plant in Kuje,Abuja valued at over N500m;
  •  A farm estimated to be worth more than N800m located along Biu to Damaturu road (Gujba) in Yobe State;
  •  A mansion worth over N600m at Degel-Gobarau road Kaduna,;
  •  An egg crates manufacturing factory in Kakuri Makera Kaduna said to be more than N700m;
  •  A factory that manufactures sacks and bags at Jabi, Abuja valued to be overN1b; and other properties outside Abuja valued at more than N3b, as well as others still under investigation.

With these finding which arose from the petition which was accompanied with pictures of these properties, the EFCC summoned the Director to their Abuja office for questioning and possibly prosecution. This is coming on the heels of the current probe of the subsidy fraud that has rocked the downstream sector of the petroleum industry.It is further proof why the anti-graft agencies in the country should beam their searchlight on different government ministries and parastatals as it is believed that 90 per cent of the fraud being committed in the country are by civil servants.

According to global news investigation, the EFCC may have to invite the younger brother of Alhaji Tumsa for questioning, as he’s believed to be the one fronting for his brother as the head of all his ill-gotten investments. All efforts to get information on the matter from the image maker of the commission proved abortive as he was said to be out of the office when we called.

A similar source informed us that the case has come to the notice of the Presidency, which has ordered that a thorough investigation be conducted into the case and if Tumsa is found culpable, the commission should make sure he faces the full weight of the law to serve as a deterrent to others.

7 Comments

7 Comments

  1. bamikola adjaryieso

    February 21, 2012 at 12:48 AM

    //\- No one would endorse or encourage corrupt Practice; but this is a Case of once advocated “Pardonable Beneficial Corruption”[PBC]; in the light that the Director invested the alleged “stolen money” in creating jobs in that part of the country; Unlike other Corrupt-Ones flying Private-Jets to invest their “Loots” in foreign Countries. If in fact this guy is found guilty it would be pertinent to allow him negotiation to pay back without confiscation of his “Job-Creating-Investments” while also paying corporate Taxes.

    • bamikola adjaryieso

      February 21, 2012 at 12:56 AM

      The point is that most of the “Recovered Loots by Confiscation” are never put to: “betterment-use” by the government. So, Negotiation-Verdicts could be more productive.

  2. Roland Otete

    February 24, 2012 at 8:27 PM

    Corruption has eaten so deep that even if a person becomes rich people start baseless insinuations and myopic judgements. Being a civil servant doesn’t mean u can’t be a billionaire, this guy must hav made his money legitimately until proven otherwise..the big theives that launder Nigerian are the so called south south governors and past presidents excludin few who steal money and invest overseas”

  3. mona

    May 8, 2012 at 5:11 PM

    The said director has not been long in the fed min of works.he is an enterprising person right from childhood,he is a business oriented gentleman known for zeal in converting any kobo that comes his way into something beneficial to him and to other downtrodden.I believe the above allegations are mere insinuation by some individuals.However the truth will prevail.

  4. AdewoleTolulope

    September 27, 2012 at 10:31 AM

    Pls make sure he doesn’t get off the hook. They keep siphoning money illegally without paying consideration to their primary duty. this is the ninth month Ministry of works documented their new employees but haven’t considered posting them. What an injustice! All in their mind, including the minister is to launder money. God ll judge u all!

  5. dele mich

    January 11, 2013 at 7:14 PM

    politicians are the most corrupt in nigeria.they can sell their daughters’ future for money let alone looting the nation’s treasury.let the ministry do the posting of their new employees before this january runs out less,the public see them as irresponsible and dead to their civic duty.

  6. Tolulope johnson

    June 20, 2013 at 4:17 PM

    I sincerely beg the government to pay d new civil servant they employed in the federal ministry of works, abuja over a year now and stop using this issue to punish the justified ones. Their families out there are dying of hunger, even d civil servants themselves have gone to the extent of borrowing from their enemies. It’s not fair enough puting family breadwinners in hunger for the past 18months.

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