Get Paid to Read News Everyday!

Sign up below...

Whatsapp Channel

EFCC Requests Refund of $845,000 from Yahaya Bello Paid For Child’s School Fees

EFCC Asks school to refund $845k Yahaya Paid As School Fees

The Economic and Financial Crimes Commission (EFCC) has taken action against the American International School, Abuja, seeking the refund of $845,000 purportedly paid by former Kogi State governor, Yahaya Bello, for his son’s education at the prestigious institution.

Report Afrique earlier reported in a press briefing chaired by EFCC Chairman Ola Olukoyede, it was disclosed that the embattled former governor had allegedly withdrawn $720,000 from the state’s funds to cover his child’s school fees. Additionally, Bello is now a wanted individual after reportedly evading arrest at his Abuja residence.

According to reports, Bello is said to have entered into a contract with the school, committing to prepay $845,000 until 2034 for the education of his eldest son, Ali Bello. However, following the EFCC’s investigations into the alleged financial misconduct, the agency has demanded the immediate refund of the funds from the school.

In response to the EFCC’s request, the American International School acknowledged that Bello had indeed made the payment in September 2021. The school has agreed to refund £760,000 to the EFCC after deducting the cost of educational services rendered to the former governor’s son since 2021.

80086452 7A26 4F5D 9EF2 06B22BDED161 REPORT AFRIQUE International EFCC Requests Refund of $845,000 from Yahaya Bello Paid For Child’s School Fees
Efcc Requests Refund Of $845,000 From Yahaya Bello Paid For Child’s School Fees 7

Documentation provided by the school includes receipts and deeds of agreements signed between its management and Bello. One such agreement outlines the terms of the prepaid school fees until graduation, including installment payments, potential fee increases, and refund policies. This agreement was validated by the FCT High Court of Justice, Abuja.

In light of these developments, the EFCC continues to intensify its investigations into financial crimes committed by public officials, ensuring accountability and transparency in governance. The agency’s pursuit of justice underscores its commitment to combating corruption and upholding the rule of law.

The case involving Yahaya Bello and the American International School highlights the importance of prudent financial management and adherence to legal and ethical standards in public office. As the investigation progresses, authorities remain vigilant in holding accountable those responsible for misappropriation of public funds.

Efforts to recover embezzled funds and hold perpetrators accountable serve to safeguard public resources and promote good governance. The EFCC’s actions in this matter send a clear message that corruption will not be tolerated, and those found guilty will face the full force of the law.

As the legal proceedings unfold, stakeholders await further developments in this high-profile case, which underscores the need for robust anti-corruption measures and institutional reforms to prevent similar incidents in the future.

This Article is Fact-Checked. See Policy.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Related Posts