The Economic and Financial Crimes Commission, (EFCC), has arrested Mr. Abdul-Aziz Nyako, son of former Governor Murtala Nyako of Adamawa state.
Both Abdul-Aziz and his father, the former governor, were last week declared wanted by the EFCC over alleged financial mismanagement.
A statement by the Commission said Abdul-Aziz was arrested in Gombe, Friday morning and was immediately flown to Abuja where he is currently under interrogation by officials of the anti-graft agency.
Abdul-Aziz was declared wanted by the EFCC in the case of stealing, abuse of office and money laundering.
According to EFCC, he is wanted in connection with over N15billion funds belonging to Adamawa state allegedly laundered into the accounts of five companies owned by him- Blue Opal Nigeria limited, Crust Energy Nigeria Limited, Blue Ribbon Multilinks Limited, Tower Assets Management Limited and Blue Ribbon Bureau De Change.
The funds was siphoned into the accounts of the companies from Adamawa State accounts domiciled in a new generation bank by the account officer who incidentally is the manager and an in-law to ex-governor Nyako.
The manager claimed he transferred the funds through verbal instruction from the former governor for purposes which are not stated.
“Investigations revealed that from 2007 to 2011 within Nyako’s tenure in office, before he was impeached in 2014, he had directed that all of the state owned accounts domiciled in various banks be transferred to the new generation bank.”
Abdul-Aziz’s company, Blue Opal, is said to own, among other investments in Nigeria, an estate in Abuja, while his father’s account officer owns several properties and investments scattered around Abuja, Yola and Kano.
Former governor Nyako is still on the run.