EFCC

Why Matawalle is yet to be arrested over ‘N70bn fraud’ – EFCC

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Why Matawalle is yet to be arrested over ‘N70bn fraud’ – EFCC

The Economic and Financial Crimes Commission (EFCC) has said Governor Bello Matawalle’s immunity from criminal prosecution – enjoyed by governors and their deputies while in office – is why the Commission has not arrested the Zamfara leader over an N70bn fraud allegation.

This was contained in a statement issued by the EFCC on Thursday.

The anti-graft agency said they are investigating the Zamfara governor over “allegation of monumental corruption, award of phantom contracts and diversion of over N70 billion”.

The Commission in a statement on Thursday said the Governor recently attempted to cast aspersion on the integrity of the EFCC’s fight against corruption by making farcical allegations of corruption in assets disposal and plea bargain procedure, among others.

According to the Commission, the money which was sourced as a loan from an old-generation bank purportedly for the execution of projects across the local government areas of the state, was allegedly diverted by the Matawalle through proxies and contractors who received payment for contracts that were not executed.

The Commission said its investigations so far reveal that more than 100 companies have received payments from the funds with no evidence of service rendered to the state.

It added that some of the contractors who had been invited and quizzed by the Commission made startling revelations on how they were allegedly compelled by the Governor to return the funds received from the state coffers back to him through his aides after converting the same to United States Dollars.

See the Commission’s full statement below:

Corruption Fighting Back
Zamfara Gov, Bello Muhammed Matawalle Under Investigation for N70billion Fraud

The attention of the Economic and Financial Crimes Commission, EFCC has been drawn to a statement credited to the Governor of Zamfara State, Bello Muhammed Matawalle, in which he attempted to cast aspersion on the integrity of the EFCC’s fight against corruption by making farcical allegations of corruption in assets disposal and plea bargain procedure, among others.

These claims ought not to be dignified with a response. What is at play here is a pure case of corruption fighting back. Matawalle’s outburst is a product of paranoia- an uncomfortable exertion arising from the heat of EFCC’s lawful activities.

However, for the sake of some gullible citizens who might be swayed by the governor’s sudden burst of crusading zest, a measured response has become imperative to expose Matawalle’s outburst for what it is, a hollow gambit to deflect attention from the real issue.

The issue has nothing to do with the transparency of EFCC’s asset recovery and disposal process. Contrary to the claims by Matawalle, the Commission supervised an asset disposal exercise that was widely acclaimed as the most transparent in the country’s history. Proceeds of the open and transparent exercise have since been remitted into the coffers of the Federal Government, and are being deployed in the provision of infrastructure for Nigerians.

The issue is also not about plea bargain. Indeed, it is hypocritical for Matawalle to rile a process for which he has been a beneficiary. Plea bargain is a practice established by law, and the Commission has never gone outside of the law in the application of this principle. If Matawalle has any evidence of abuse of plea bargain process, he is at liberty to make the disclosure.

It is intriguing that Matawalle would want to take on the role of a supervisor, who tells the EFCC whom to investigate. Is this a case of a “’thief’’ saying he must not be touched until other ‘’thieves’’ are caught? Unfortunately, it is not within Matawalle’s remit to dictate to the EFCC whom to arrest, when, and where. Suspects in the custody of the Commission cut across all sectors and social class. The qualification to get a space in the Commission’s detention facility is to commit a crime. It does not matter whether you are a priest, Imam, Governor, or minister. Currently, a former minister of power is in the custody of the EFCC over a N22 billion corruption allegation. That conveniently did not attract Matawalle’s attention.

Of course, these shenanigans are not strange. They appear to play out in cycles, particularly when the nation is in political transition. Virtually all the predecessors of the incumbent EFCC chairman suffered similar indignity at the hands of politically exposed persons under investigation for corruption. Who among the former chairmen of the Commission was not accused of pilfering recovered assets?

The Commission would like to put the nation on notice to expect more of the kind of wild allegations made by Matawalle as those at the receiving end of EFCC’s investigations, fight viciously back.

But the real issue with Matawalle is that he is being investigated by the EFCC, over allegations of monumental corruption, award of phantom contracts, and diversion of over a billion.

The money which was sourced as loan from an old-generation bank purportedly for the execution of projects across the local government areas of the state, was allegedly diverted by the governor through proxies and contractors who received payment for contracts that were not executed.

The Commission’s investigations so far reveal that more than 100 companies have received payments from the funds, with no evidence of service rendered to the state. Some of the contractors who had been invited and quizzed by the Commission made startling revelations on how they were allegedly compelled by the governor to return the funds received from the state coffers back to him through his aides after converting the same to United States Dollars.

They confirmed that they did not render any service to Zamfara state but were allegedly directed to convert the monies paid to them into United States Dollar and return to the State governor through some of his commissioners, notably the Commissioners in charge of Finance and Local Government Affairs.

One of the contractors, a popular Abuja property developer, collected N6 billion on a N10 billion contract without rendering any service to Zamfara state. Another contractor collected over N3 billion for a contract for the supply of medical equipment but the Commission traced a payment of N400 million from his account to a Bureau de Change operator. The contractor confessed the payment was to procure the dollar equivalent allegedly for the state governor.

As part of the extensive investigation of contracts award by the Matawalle administration, especially for phantom projects in the local government areas, the Commission has recovered a sum of N300 million from a company, Fezel Nigeria Limited. The funds were traced to the Zamfara Investment Company.

The EFCC investigation is the source of anxiety in Government House, Gusau, with the governor in mortal dread of his fate once he steps down as governor on May 29. In Nigeria, state governors and their deputies enjoy immunity from criminal prosecution while in office, a reason the EFCC has yet to arrest Governor Matawalle.

Uchechi Ojo
Uchechi Ojo, is a Lagos-born and based writer, newscaster and voice-over artist. A versatile and committed journalist with the yearning to make a difference in the industry. She writes balanced, informative and interesting stories. Uchechi has the ability to interact and listen with rapt attention, excellent time management and great communication skills while paying attention to detail. She is very approachable and a good team player. Instagram | LinkedIn
Mike Ojo

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