Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.


Ex-Adamawa governor on the run as son is arrested

16 February 2015, 15:06

Adamawa - Abdul-Aziz Nyako, the son of former Adamawa State Governor, Murtala Nyako, is undergoing investigations following the alleged embezzlement of N15 billion from state coffers.

A warrant is out for the arrest of his father.

Barely two weeks after the Economic and Financial Crimes Commission (EFCC) the former governor and his son wanted, operatives of the anti- graft agency, on Monday morning arrested the younger Nyako in Gombe, Gombe State.

“He was immediately flown to Abuja where he is currently being grilled by a crack team of detectives who had been working on the Adamawa investigation for several months,” Wilson Uwujaren EFCC Head of Media and Publicity, said.

“Abdul-Aziz, who was declared wanted by the EFCC in the case of stealing, abuse of office and money laundering, is currently telling investigators all he knows about illicit funds traced to companies where he has interest.”

Also read: EFCC declares Nyako, son wanted

Specifically, he will have to explain how over N15billion funds belonging to Adamawa State was 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 EFCC spokesperson said.

Allegedly, the funds were funned 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 last year, 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.

- CAJ News


Read News24’s Comments Policy

Comment on this story
Comments have been closed for this article.

Read more from our Users

Nigeria @ 56: Words to my green f...

A leader’s job is not to dictate, but rather to be respected, admired and be a trustee, of the land we love, with so much potential, a land which should be freer than free. Its still a long way to fufilling our destiny! Read more...

Submitted by
Isaac Asabor263
Recession: An opportunity for Nig...

The recession should be seen as an opportunity for the country’s promotion as long as we all collectively conduct ourselves in a patriotic manner, writes Isaac Asabor.  Read more...

Submitted by
Black and White

We want to imitate the whites in everything because we are ignorant of our inherent originality and content. We spend all our Naira to acquire his inventions because we so oblivious of our natural endowments that we allow him have it for free. Read more...

Submitted by
Nate Nat
Adamawa State University Mubi: A ...

ADSU integrity forum has accused the Sunday Joshua Wugira, a lawyer, of adopting unorthodox tactics by abusing his privilege by attacking the integrity of ADSU Vice Chancellor Dr. Moses Zira Zaruwa, writes a News24 reader. Read more...

Submitted by
Abdulsalam Jubril
My Country Nigeria (Part One)

Poetry by Abdulsalam Jubril.

Submitted by
Abdulsalam Jubril
Recession, dearth in leadership a...

Every leader has the opportunity to become great and making himself immortal in the lives and hearts of people for generations to come. Will Mr. President seize this opportunity?, questions Abdulsalam Jubril. Read more...