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House of Rep Member Arrested by EFCC for Alleged N173 Million Fraud

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Aliyu Gebi Bella Naija

A member of the House of Representatives, Aliyu Gebi, has been arrested by the Economic and Financial Crimes Commission (EFCC) for multiple cases of fraud in which he allegedly absconded with over N173 million. 

Gebi collected N60 million as a loan from an individual named Chinedu Iloabachie to fund his his political aspirations. He promised to return the money once he was appointed as a lawmaker. However, after his election, he failed to refund the money. Six cheques he issued reportedly bounced according to Sahara Reporters

Similarly, Gebi allegedly borrowed N47 million from someone else to fund his political ambitions but issued cheques which bounced yet again.

According to reports, he also collected N16 million from Senator Ahmed Zanah, promising to return the foreign exchange equivalent – but he never did.

In another case, it is reported that he obtained N50million  from someone named Aliyu Habeeb. He was reportedly supposed to sell a house to the man. However, Habeeb never got the house or his money back. 

Gebi has other fraud-related matters in court involving millions of  Naira he allegedly misappropriated. 

4 Comments

  1. @edDREAMZ

    June 3, 2014 at 5:37 pm

    a.k.a EDWIN CHINEDU AZUBUKO said…
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    This dude is a criminal but in a very coded way i swear….. thank God for the outcome though….
    .
    .
    .
    ***CURRENTLY IN JUPITER***

  2. adelegirl

    June 3, 2014 at 6:05 pm

    I have met this man. He comes across intelligent, urbane, well-spoken and cultured. What a shame. Why is he doing this to himself? Once may be explained but issuing dud cheques severally, conversion of funds, no, you can’t explain this away except perhaps to say “dem dey do am for him village”

    • Kiki86

      June 4, 2014 at 6:28 am

      U’ve truly met him @intelligent, urbane, well-spoken and cultured. Wot a shame.

  3. Naija Rep

    July 7, 2014 at 9:51 am

    Bella, you know, i begin to wonder – If one man can just defraud others to the tone of 173million naira just like that; does it mean there are no gauge or criteria for withdrawing these funds from the bank and Federal purse or its just take as you want? Also, all these people that borrowed him the fund should also be queried. Where did they all get these money from? (60million, 47million, 50million etc as if there were buying pure water.

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