Buhari’s Minister To Be Tried By EFCC For Alleged ₦33 Billion Money Laundering Scheme

Buhari’s Minister To Be Tried By EFCC For Alleged ₦33 Billion Money Laundering Scheme

The Economic and Financial Crimes Commission (EFCC) is preparing to arraign Saleh Mamman, former Minister of Power, before Justice J. K. Omotosho on July 11 for alleged ₦33 billion money laundering charges. According to sources from Channels TV, Mamman faces a 12-count indictment, including conspiracy to commit money laundering and possession and use of proceeds from criminal activities…….. CONTINUE READING 

The charges, outlined in documents signed by prosecution counsel Adeyinka Olumide-Fusika, SAN, detail allegations ranging from conspiracy to laundering cash above legal limits to purchasing real estate with illicit funds. The investigation spans Mamman’s tenure from 2019 to 2022 under former President Muhammadu Buhari.

Mamman was detained on May 10, 2021, at the EFCC headquarters in Abuja, and subsequently dismissed by President Buhari on September 1, 2021, alongside another minister during a cabinet reshuffle. The allegations include collusion with ministry staff overseeing accounts for the Zungeru and Mambilla Hydro Electric Power projects, involving approximately N22 billion in misappropriated funds. The investigation also uncovered assets linked to Mamman both domestically and internationally, with substantial sums in both naira and dollars reportedly recovered.