Gov Sule Lamido Soft Pedal On Son Release, Says We will Take Our ecase To God

November 14, 2013, Thursday, can be marked as a black day for the family of the Governor of Jigawa state, Sule Lamido, as two of his sons, Mustapha Lamido, the District Head of Bamaina, and his elder brother, Aminu Lamido, were taken into custody by the Economic and Financial Crimes Commission (EFCC) over the allegation of money laundering.
The duo was picked up in their separate homes in Kano on Thursday’s night and were flown to Abuja by the Anti-graft agency for further investigation.

According to the sources of Saturday Vanguard, Mustapha Lamido, alumnus of University of Abuja, and his elder brother, Aminu Lamido, who is also a 2010 mass communication graduate from Bayero University Kano, were been investigated for alleged money laundering to the tune of N11billion.
The development is coming on the heel of arrest and conviction of Aminu Sule Lamido July 12th 2013 by a Federal High Court in Kano for laundering $50,000 US Dollars.
The Governor of Jigawa state, who has already arrived to Sokoto ahead of Saturday’s Rotimi Amaechi faction of Governor’s forum retreat, was forced to return to Abuja to confront the development.
“I must confess to you that Lamido is completely shattered by the development and has sacrificed every other schedule at the moment to confront the emergency.
“Lamido is too passionate about his children and he would do everything at this trying moment to secure their freedom,” a source close to the Governor revealed.
Mr. Wilson Uwujaren, the EFCC spokesman, confirmed that two persons were arrested in Kano for money laundering, and investigation was on.
In the meantime, uneasy calm pervades the ancestral home of Lamido Friday as the news filtered in that their District head popularly referred to as Hakimi, Mustapha Lamido and his elder brother, Aminu Sule has been nabbed by EFCC over money laundering.
Most respondents who appeared piqued by the turn of event were of the opinion that the arrest was politically motivated as they stressed that “we believe in prayers and we would take our case to God for his intervention”. 

Credit: Vanguard

EFCC Arrests Governor's Son Over Fraud

Aminu and Mustapha  Lamido were arrested on Thursday in Kano and flown to Abuja on Friday morning, and are currently being interrogated at the EFCC headquarters in Abuja by a crack team of detectives.

The arrest of the governor’s sons, insiders say, is in furtherance of the investigation that commenced in December 2012 when Aminu Sule Lamido was arrested at the Mallam Aminu Kano Airport en route Cairo, Egypt for failure to declare the $50,000 he had on him. Although Aminu has since been prosecuted and convicted by a Federal High Court in Kano, investigation as to how he came by the money has led investigations to uncover a web of money laundering in which billions of naira from Jigawa state govt accounts are funnelled into the accounts of companies run by the Jigawa state governor and his 2sons.

Over N10billion is said to have been transferred from Jigawa state government accounts into the accounts in which Sule Lamido and his two sons have interest from 2007 till date.
The Commission is said to have traced these transfers to 10 companies where Lamido and sons are directors and signatories to the account.

The companies include Bamaina Alluminium Limited, Bamaina Holdings Limited, Bamaina Company Nigeria Limited, Rawda Integrated Services Limited, Speeds International Limited and Saby Integrated Nigeria Limited.

The account of these companies received huge cash inflow between 2007 and 2013, a period that coincide with the tenure of Sule Lamido as governor of Jigawa state. For instance in Bamaina Aluminium where Sule Lamido and his two sons are directors, investigations revealed that the company’s account controlled by Mustapha as signatory received total credit of N1.52billion between January 2010 and August 2013. It recorded a total debit of the same amount, with Mustapha and other companies in which Lamido and his sons are directors, being the beneficiaries.

In the same vein, Bamaina Holdings Limited’s account with the governor as sole signatory received a total of N1.19billion between February 2007 and July 2013.
About N1billion was paid from this account into accounts of companies controlled by the governor and his sons.

Massive lodgements were also discovered in the account of Bamaina Company Nigeria limited controlled by Mustapha as sole signatory from Bamaina Alluminium. Between January 2010 and July 2013, the account received over N500million.

From the account of Rawda Integrated Services Limited controlled by Mustapha, there have also been massive movement of funds to another company run by Sule Lamido, Speeds International Limited. Speeds’ account recorded a turnover ofN2.2billion between January 2007 and February 2010.

In the account of Rawda with a new generation bank investigators discovered the movement of N2.6billion to an unknown signatory.

That account recorded over one hundred withdrawals running to over N600milion in cash between November 2007 and April 2008.

Saby Integrated Services Nigeria Limited, another company owned by Lamido received over N730million from several Jigawa State government agencies between June 2010 and August 2010.