Ismaila Atumeyi, a New Nigeria Peoples Party candidate for the Kogi State House of Assembly, was detained by the Economic and Financial Crimes Commission (EFCC) with N326 million and $140,500 in cash.
In a sting operation on Sunday, October 30, 2022, at Macedonia Street, Queens Estate, Karsana, Gwarinpa, Abuja, Joshua Dominic, an alleged serial fraudster, and Atumeyi, who is running to represent Ankpa 11 Constituency in the Kogi State House of Assembly, were both apprehended.
Abdumalik Femi, a former bank employee who is accused of providing the insider information that enabled the group to assault the bank, was also detained in connection with the fraud.
Femi was picked up today, November 1, 2022, at the Radisson Blu Hotel in Lagos, according to EFCC spokesperson Wilson Uwujaren, who confirmed this to our correspondent.
“After his arrest, his residence in Morgan Estate, Ojodu was searched, and $470,000 USD was found there in total.
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“The suspects’ arrest came after months of investigation into the hacking of one of the commercial banks by a group of thieves who pulled off a heist worth N1.4 billion,” he said.
The syndicate is said to have transferred N887 million into the Fav Oil and Gas Limited account, from which the funds were disbursed to a number of Bureau de Change operators and certain auto dealers for conversion to US dollars and the purchase of high-end vehicles.
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Dominic, who has previously been detained for fraud, is said to have worked with Abdumalik to help Atumeyi develop his hacking strategy.
The Special Fraud Unit of the Nigerian Police detained Dominic, a self-styled financial virtuoso and managing director of Brisk Capital Limited, in May 2021 for an alleged N2 billion investment scam.
He allegedly used a bogus investment scam to swindle over 500 people.
The two suspects detained in Abuja were also found to be in possession of two Range Rover Luxury SUVs.
Uwujaren stated that as soon as the inquiry was finished, the suspects would be charged in court.
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