$65m Fraud: PDP Declares Buhari’s Presidency Shelter For Looters

Following the declaration of the president’s son-in-law wanted over a N31 billion fraud, the Peoples Democratic Party has portrayed the government of President Muhammadu Buhari as a criminal and fraud friendly one.

Gimba Yau Kumo, a former managing director of the Federal Mortgage Bank of Nigeria, who in 2016 married Mr Buhari’s second daughter Fatima, Mr Tarry Rufus and Mr Bola Ogunsola, were all declared wanted oner misappropriation and recreation of $65 million National Housing fund.

PDP’s spokesperson Kola Ologbodiyan, in a statement on Friday said, Mr Kumo’s involvement in fraud “further confirms that the Buhari Presidency is indeed a sanctuary for fraudsters, treasury looters and common criminals.”

“It speaks volumes that the Buhari Presidency had remained silent in the face of this huge fraud involving Mr President’s son in-law; a beneficiary of the primitive family patronage in the Buhari administration, only for certain members of the cabal to be reportedly mounting pressure on the ICPC to let him off the hook,” the statement read in part.

Though Mr Buhari made a promise on getting rid of Nigerian public service of corruption, saying “Nigeria must kill corruption before it kills Nigerians”, his supporters have been caught up in different corruption saga.

It was reported how late Isa Funta, a prominent member of Mr Buhari’s inner caucus, got nearly a billion naira from Federal Inland Revenue Service and how the current Acting EFCC Chair Abdulrasheed Bawa was involved in theft before he was tapped for the job by Mr Buhari.

As at January, Transparency International in its 2020 Corruption Perceptions Index (CPI) announced that Nigeria’s ratings plummeted to 149 on a categorised scale for “highly corrupt” countries — three places down from its 146th position in 2019.