N50bn fraud: Lawal, ex-minister, arrested

A former minister of Works, Alhaji Hassan Lawal, was yesterday arrested by operatives of the Economic and Financial Crimes Commission (EFCC) over an alleged N50 billion fraud.

Lawal, who had also held sway at the labour ministry, arrested over his alleged involvement in fraud, abuse of office, and breach of government regulations and due process by awarding contracts to unregistered companies running into billions of naira.

While Lawal was in EFCC custody, operatives of the anti-graft commission were reportedly on the trail of some of his collaborators in the alleged scam. Details of how the alleged sleazy deals were perpetrated could not be ascertained at press time.
However, EFCC spokesman, Femi Babafemi, confirmed the ex-minister’s arrest when contacted, but declined further comments.

-Sunwp_posts

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Posted by admin on Feb 10 2011. Filed under EFCC Politics, Latest Politics. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry