Zamfara State Governor Yari Diverts N500m Paris Club Refund To Repay His Loan

  |   Nigeria News

Governor Abdul'aziz Abubakar Yari of Zamfara State and Chairman of the Nigerian Governors Forum diverted N500 million from the recent Paris Club refund to pay off his loan, an Economic and Financial Crimes Commission (EFCC) source revealed to SaharaReporters on Tuesday.

According to the source, Mr. Yari withdrew N500m from the N19 billion Paris Club refund allegedly diverted to a special account of the Nigeria Governors Forum from the N522b allocated to the 36 states and deposited the sum into a mortgage bank account.

News of the Zamfara State governor's embezzlement comes just one day after SaharaReporters revealed that Senate President Bukola Saraki was being investigated by the EFCC for his role in the embezzlement of N3.5b from the Paris Club loan through the slush fund placed at the Access Bank by the Nigeria Governors Forum, who claimed it was meant for consultants.

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