HAUSA NEWS
YORUBA NEWS
IGBO NEWS

POPULAR THIS WEEK

No Content Available
FOLLOW US ON GOOGLE NEWS
SEND US NEWS
Monday, June 2, 2025
  • REPORT A STORY
  • PRIVACY
  • CONTACT US
WITHIN NIGERIA - NEWS PICKS
  • HOME
  • FEATURES
  • NEWS PICKS
    • BREAKING
    • National
    • Local News
    • Politics
    • Diaspora
    • Business
    • Education
    • Sports
    • World News
      • Africa
      • U.S
      • Asia
      • Europe
    • XTRA
  • ENTERTAINMENT
  • MORE
    • GIST
    • ARTICLES
    • VIDEOS
No Result
View All Result
WITHIN NIGERIA - NEWS PICKS
No Result
View All Result
  • HOME
  • FEATURES
  • NEWS PICKS
  • ENTERTAINMENT
  • MORE
[adinserter block="17"]

Public fund diversion: Former civil servants to forfeit university, businesses to FG

afolabi by afolabi
June 2, 2022
in National
Reading Time: 2 mins read
A A
0
Dangote office raid

A federal high court in Abuja has given the economy and financial crimes commission, EFCC, the nod to temporarily take over the assets and properties linked to one Anthony Hassan, identified as a former director of finance and accounts, federal ministry of health.

Hassan has been fingered in malfeasance and using of public fund to enrich himself.

The court ordered the interim forfeiture of NOK university, a private institution located in Kaduna, said to belong to Hassan to the federal government.

The order is consequent upon a ruling on an ex parte motion marked FHC/ABJ/CS/688/2022, and filed by Ekele Iheanacho, counsel for the EFCC.

READ ALSO

Lagos-Calabar coastal highway: A project steeped in controversies and unanswered questions

STILL WAITING: How pension reform hasn’t fixed retirees’ financial pain in Nigeria

LOST POTENTIAL: Why Nigeria’s tourism industry remains untapped gold

Desecration of traditional institutions: How monarchs have become targets of criminal elements

According to NAN, the presiding judge, Zainab Abubakar, also ordered the interim forfeiture of Gwasmyen water factory, Gwasmyen event centre and Gwasmyen international hotel, all said to be linked to Hassan.

The court ordered the EFCC to publish the interim forfeiture order in a national newspaper within 14 days for interested parties to show cause why the affected property should not be permanently forfeited to the federal government.

The matter was thereafter adjourned till October 5.

In an affidavit deposed to by Adaora Oragudosi, an investigating officer with the EFCC, the commission alleged that Hassan diverted public funds with which he acquired the identified assets.

Oragudosi alleged that the former director diverted the funds running into billions of naira through the government integrated financial management information system (GIFMIS).

GIFMIS, an IT-based system for accounting and budget management, was designed by the federal government to actualise integrated and automated information systems and promote modernised fiscal processes.

The EFCC investigating officer alleged that Hassan, in his position as the director of finance and accounts, had the final approving authority for all payments made on the GIFMIS and Remita platforms of the federal ministry of health.

“The respondent, as the DFA in the federal ministry of health, appointed projects accountants to handle specific projects and this entails payments being made into their personal accounts from the GIFMIS platform for disbursement to the beneficiaries towards the execution of the projects,” she said.

“While acting as the DFA in the federal ministry of health, the respondent diverted public funds using some of the staff of the finance and account department, who include Data Nanbam, Musa A. Musa, Yar’dua Maikudi, Abubakar Sadiq Bulama, Alhassan Yahaya and Yusuf Barde Ajiji.

“Between 2016 and 2019, the above staff of the ministry of health referred to in paragraph 4 (xxviii), who received funds into their bank accounts as project accountants for the execution of various projects through the GIFMIS platform, handed over the sum of N1,309,508,877 to the respondent for the latter’s personal use.

“The respondent received these diverted public funds either in cash or through bank transfers or indirectly through third parties.

“Whilst being a civil servant, the respondent also incorporated and personally operated other companies named Kyus Enterprises Ltd, Kyus Hotels Ltd and Kyus Oil & Gas Ltd.”

Discussion about this post

ADVERTISEMENT

LATEST

Lagos-Calabar coastal highway: A project steeped in controversies and unanswered questions

June 2, 2025

STILL WAITING: How pension reform hasn’t fixed retirees’ financial pain in Nigeria

June 2, 2025

LOST POTENTIAL: Why Nigeria’s tourism industry remains untapped gold

June 1, 2025

Desecration of traditional institutions: How monarchs have become targets of criminal elements

May 31, 2025

LEARNING IN RUINS: How dilapidated school infrastructure is discouraging public education

May 31, 2025

Troubled waters: Counting the costs of incessant boat accidents in Nigeria

May 30, 2025
Load More
NEWS PICKS — WITHIN NIGERIA

WITHIN NIGERIA MEDIA LTD.

NEWS, MULTI MEDIA

WITHIN NIGERIA is an online news media that focuses on authoritative reports, investigations and major headlines that springs from National issues, Politics, Metro, Entertainment; and Articles.

Follow us on social media:

CORPORATE LINKS

  • About
  • Contacts
  • Report a story
  • Advertisement
  • Content Policy
  • Privacy Policy
  • Terms
 
  • Fact-Checking Policy
  • Ethics Policy
  • Corrections Policy
  • REPORT A STORY
  • PRIVACY
  • CONTACT US

© 2022 WITHIN NIGERIA MEDIA LTD. designed by WebAndName

No Result
View All Result
  • HOME
  • FEATURES
  • NEWS PICKS
    • BREAKING
    • National
    • Local News
    • Politics
    • Diaspora
    • Business
    • Education
    • Sports
    • World News
      • Africa
      • U.S
      • Asia
      • Europe
    • XTRA
  • ENTERTAINMENT
  • MORE
    • GIST
    • ARTICLES
    • VIDEOS

© 2022 WITHIN NIGERIA MEDIA LTD. designed by WebAndName