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EFCC arrests, quizzes Ex-Deputy Speaker over N5.6bn fraud

The arraignment of a businessman, Chief Cletus Ibeto before Justice I.O. Ijelu of the Lagos State High Court sitting in Ikeja for an alleged N4.8 billion fraud was, again, stalled on Tuesday due to his absence in court.
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Ex-Deputy Speaker of the House of Representatives, Chief Chibudom Nwuche
Ex-Deputy Speaker of the House of Representatives, Chief Chibudom Nwuche

Chief Chibudom Nwuche, a former Deputy Speaker of the House of Representatives, was on Monday arrested by the Economic and Financial Crimes Commission for an alleged N5.6bn contract scam.

Nwuche, who was a member of the house of reps between 1999 and 2003, was detained after responding to an EFCC invitation on Monday.

He also served as the Deputy National Chairman of the Peoples Democratic Party under the leadership of Alhaji Bamanga Tukur and has being alleged to have got three contracts from the Kingsley Kuku-led Presidential Amnesty Office.

According to The PUNCH, detectives at the EFCC said that Nwuche, who had since decamped to the All Progressives Congress, allegedly helped Kuku to launder N2.8bn under the guise of sending ex-militants for training in 2012.

An EFCC source said, “Nwuche is being investigated over an alleged N5.6bn contract which his company, Foundation For Youth Development, allegedly received from the Kingsley Kuku-led Presidential Amnesty Office.

“He allegedly got three contracts from the Amnesty Office in 2012 for the training of ex-agitators in Malaysia. Up till now, nothing was done about the contract yet, he collected N2.8bn,” an investigator said.

As at 8pm on Monday, Nwuche was still being quizzed by detectives

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