EFCC arrests councillor over fund diversion

The Economic and Financial Crimes Commission (EFCC) has arrested a councillor representing Kakuri Hausa Ward in Kaduna South Local Government of Kaduna State, Hon Theophilus Madami, for alleged criminal breach of trust and misappropriation of funds worth N11.080,000 (eleven million eighty thousand naira).

According to the anti-graft agency, the suspect allegedly approached one Ibrahim Ringim Haruna, Chief Executive Officer of Pyramid Supplied Services Limited, a distributor of pasta products, with claims that his council needed pasta products for distribution to its citizens.

Consequently, the company, sometime in November, 2018, supplied products worth sixteen million, eighty thousand naira only (N16, 080,000) to the suspect who paid a deposit of N5m, leaving a balance of N11.080,000.

After delivery of the goods, he diverted the proceeds to personal use and refused to pay the balance as agreed.

The Commission has said the suspect will be charged to court as soon as investigation is concluded.

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