News
Return looted fund or face trial, EFCC tells Ayim
Former Secretary to the Federal Government under the Jonathan administration, Pius Ayim has been urged to return the sum of N520m he allegedly received from Sambo Dasuki under questionable circumstances or face prosecution.
Ayim, also a former senate president is currently being detained by the Economic and Financial Crimes Commission (EFCC) over the matter.
A source at the EFCC said, “Anyim collected N520m from Dasuki on the eve of the presidential election in March, 2015. We have asked him to return the money. That is our primary goal. Let him tell us how he intends to pay back.”
The source explained that the commission was not in a hurry to release Anyim on self-recognizance as he was known to shun invitations.
He added, “Anyim had, in the past, shunned invitations by the National Assembly and even the EFCC. He is not the type to be granted unconditional bail.”
Meanwhile, it was learnt that the EFCC had invited companies that received contracts during Anyim’s tenure.
Anyim was also accused of awarding contracts to some companies linked to him through which ecological funds were allegedly diverted.
The companies include Foundation Years Limited, Precious Integrated, Precious Petroleum, Mak & Mak, Chap Construction, Eldyke Engineering, Pryke Limited, Chipa Nigeria Limited, Prima A11 Limited, Pima International, Chanto Engineering, Ishiagu Microfinance Bank, Mulak Ventures, Vitro Engineering and Tip Top Nigeria.
The source added, “Anyim was SGF from May 2011 to May 29, 2015. During this period, specifically May 2012 to May 2015, the SGF Ecological Fund Account with the Central Bank of Nigeria received an inflow of N58, 146,983,677.85.
“From this fund, three of the companies linked to Anyim – Foundation Years, Obis Associate and Eldyke Engineering – received contracts worth over N13bn. Foundation Years alone received a net payment of N10, 308,017,838.85 between 2014 and 2015.
“Curiously, on receiving the fund, Foundation Years and another Anyim company, Br-Kthru made several transfers to 37 entities. Some of the organisations and individuals have no nexus at all with ecological issues. Investigators are probing the reasons behind the wild disbursement.”
-
Football4 days agoArgentine presenter Florencia Peña resigns after false on-air report about Lionel Messi’s father
-
Business6 days agoNigeria launches FreeTV digital platform with over 100 free channels
-
Business4 days agoAward-winning Mitsubishi L200 gets anniversary price cut in Nigerian market
-
Latest1 week agoBREAKING: Court orders INEC to deregister ADC, Accord Party, others ahead of 2027 elections
-
News1 week agoObisesan empowers students, farmers others in Efon, receives praises from beneficiaries
-
Comments and Issues7 days agoA tale of two kidnappings
-
Business3 days agoThe CBN’s Exposure Draft on Holding Companies of Banks: Matters Arising
-
Football5 days agoAfrican Teams Show Resilience on FIFA World Cup 2026 Matchday One

