Skip to main content

EFCC recover 2 exotic cars from Shema’s contractor ‘Idi Kwado’

Two exotic cars purportedly belonging to one Idi Kwado, an associate of  former Katsina State governor Shehu Shema has been recovered by the Police in Katsina.

Kwado who was declared wanted by the Economic and Financial Crimes Commission (EFCC) last week was said to have purchased the vehicles in the name of his son. The vehicles are a Toyota Lexus IS 150 and a 2015 Honda Accord model.
Our reporter gathered that there was general apprehension and fear among residents of Kwado area of  katsina town when armed policemen stormed the residence of one  Aliyu Lawal of same area about 1am to retrieved the vehicles.
The state commissioner of Police Usman Aliyu who confirmed the operation said the suspect was apprehended and was been questioned following a petition written against him that led to the recovery.
It could be recalled that KATSINA POST earlier reported that The Economic and Financial Crimes Commission (EFCC) has declared a Kastina-based businessman, Idris Usman, wanted for an alleged N1bn fraud involving the Subsidy Reinvestment and Empowerment Programme otherwise known as SURE-P.
According to the EFCC, the suspect, who is the Managing Director, Idris Kwado and Sons Limited and Aminu Dikko and Sons Limited, was given a contract of N1bn by the immediate-past governor of Kastina State,  Ibrahim Shema, who has been charged for an alleged N11bn fraud.
KATSINAPOST REPORT


Labels:

Comments

Post a Comment

Popular posts from this blog

Return Nigeria’s Stolen Assets, SERAP Urges Trump

Socio-Economic Rights and Accountability Project (SERAP) has urged the President of the United States of America (USA), Donald Trump, to attach and release to Nigeria, some $500 million worth of US-based proceeds of corruption traced to former Nigerian dictator, late General Sani Abacha. SERAP, which made this request in an open letter it send to the US President, also urged President Trump to initiate discussions with the Nigerian government to fulfill these objectives within an agreed framework and timeline. The organisation in the letter dated 3 February 2017 and signed by the organization’s US Volunteer Counsel Professor Alexander W. Sierck and executive director Adetokunbo Mumuni, also wants the Trump’s Administration to instruct the Justice Department to initiate civil asset forfeiture proceedings in regard to the $500 million in assets. SERAP further stated, “these proceeds are separate from the $480 million of Abacha-origin funds that have been forfeited to the US...
Post a Comment
Read more

Record signing, Oscar lands in Shanghai to join SIPG

 Brazilian midfielder Oscar landed in Shanghai on Monday where the 25-year-old was set to smash the Asian transfer record with a reported 60 million euros ($63 million) deal with Shanghai SIPG. Dozens of supporters chanting club songs swarmed the former Chelsea player at the city’s Pudong airport. Oscar’s arrival in the Chinese Super League comes ahead of that of Argentina’s former Manchester United striker Carlos Tevez, who signed for Shanghai Shenhua in another big-money deal last week.  Tevez’s transfer fee was 10.5 million euros, according to the website transfermarkt.com, which tracks dealings in the sport, though the reported two-year contract of 38 million euros per season ($40 million) makes him the world’s highest salaried footballer. SIPG’s general manager on Monday dismissed concerns raised by state media of a market bubble in the super-rich Chinese league, arguing prices have to be higher to attract players away from big European leagues. “The leagu...
Post a Comment
Read more

Ghanaian migrant commits suicide in Malta

A Ghanaian migrant who was facing deportation from Malta took his own life on Saturday after he was forced to "feel like a criminal" by a new immigration policy in that country. The Times of Malta   reports that, Frederick Ofosu, 33, was found strangled with an electric cable in a Qawra building site on Saturday night. He left a recorded message for friends explaining his despair, saying he was being forced to feel like a criminal when he had done no wrong, according to Ahmed Bugri, director for the Foundation for Shelter and Support for Migrants. Dr Bugri who identified the victim together with a Ghanaian embassy official, said the government's decision to review the so-called THPn system had forced him to the edge. However, the Home Affairs Minister Carmelo Abela said the victim had applied for assisted voluntary return scheme to return to Ghana last September. His return process could not be concluded because there were other pending court cases. Mr A...
Post a Comment
Read more