ICPC Declares Buhari’s Son-In-Law, Two Others Wanted Over Alleged $56m Fraud
LAGOS MAY 14TH (NEWSRANGERS)-President Muhammadu Buhari’s son-In-law, Gimba Yau Kumo has been declared wanted by the Independent Corrupt Practices Commission, ICPC, for stealing $56million from the National Housing Funds, NHF.
Kumo, a former Managing Director of the Federal Mortgage Bank is married to Fatima, one of the daughters of President.
ICPC’s spokesperson, Azuka C. Ogugua in a ‘Wanted Person’ advertorial in a national newspaper also gave the names of Jerry Rufus and Bola Ogunsola as conspirators to the crime.
The information read thus, “Mr. Terry Rufus, Mr, Gimba Yau Kumo and Mr. Bola Ogunsola, are hereby declared WANTED by the Independent Corrupt Practices Commission, ICPC, in conection with issues bordering on misappropriation of National Housing Funds and diversion of the sum of Sixty Five Million dollars ($65,000,000). Any one with useful information on their whereabouts should report to CPC Headquarters Abuja, any of the ICPC State Offices”
This will not be the first time Kumo will be investigated over fraud. Pointblanknews.comhad reported that just days after his high profile marriage to President Buhari’s daughter in 2016, he came under the radder of the EFCC over a N3Billion fraud perpetrated while he was still in office as Managing Director of the Federal Mortgage Bank.
Ya’u Kumo was born on the 5th November 1959 in Gombe, Gombe State. He holds a Bachelor of Science in Business Administration from Ahmadu Bello University, Zaria in 1983. He got Master’s degree in Business Administration and Management (MBA) from Abubakar Tafawa Balewa University, Bauchi in 1999.
Kumo was appointed Managing Director and Chief Executive Officer of the Federal Mortgage Bank of Nigeria on the 4th December, 2010 When his tenure at the Federal Mortgage Bank of Nigeria he was reappointed by former President of Nigeria, Goodluck Ebele Jonathan on January 2015. He was sacked by President Buhari in February 2016.
Point BlankNews
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