The Economic and Financial Crimes Commission (EFCC) has arrested a candidate of the New Nigeria Peoples Party (NNPP) for the Kogi State House of Assembly seat, Ismaila Yusuf Atumeyi, with N326 million and $140,500 cash.
Atumeyi, who is seeking to represent Ankpa 11 Constituency in the State Assembly, was arrested on Sunday, October 30, 2022 alongside one Joshua Dominic, an alleged serial fraudster.
EFCC’s spokesperson, Wilson Uwujaren in a statement said they were arrested in a sting operation at Macedonia Street, Queens Estate, Karsana, Gwarinpa in Abuja.
According to Uwujaren, Femi supplied the inside information that facilitated the att@ck on a bank by the syndicate.
“He (Femi) was picked up Tuesday, November 1, 2022, at Radisson Blu Hotel in Lagos. Following his arrest, a search was conducted on his home in Morgan Estate, Ojodu where a total of $470,000 USD was recovered.
The arrest of the suspects followed months of investigation into the hacking of one of the commercial banks by a syndicate of fraudsters who pulled off a heist of N1.4billion.
The syndicate allegedly moved N887 million into the account of Fav Oil and Gas limited, from where the monies were paid to several Bureau de Change operators and some auto dealers for exchange into United States Dollars and purchase of high-end cars,” he said.
The EFCC added that Dominic, who has severally been arrested for fraud, allegedly helped Atumeyi perfect the hacking plan through Abdumalik. “Dominic, a self-styled investment expert.