Friday 28 October 2016

Ex-Bauchi Governor, Isa Yuguda, Multi-million Naira Mansion Seized by EFCC

Former Bauchi State Governor's house reportedly seized
by the EFCC


The Economic and Financial Crimes Commission has
reportedly seized houses multi-million naira house
belonging to former Bauchi state Governor, Isa Yuguda
in Bauchi state.
This was revealed by IG Wala on his Facebook page as
he shared the photos and wrote:

"The likes of Isa Yuguda wrecked their states and
erected monumental edifice that are similar to ancient
palaces. Yuguda left Bauchi State with a debt profile of
N57,652,771,752.74 and yet walking freely with his head
high feeling like a king. Shamefully, the mansions built
from the stolen loots are now being seized by EFCC.
"As you can see from the photos, the Bauchi mansion is
under the custody of EFCC and all the rest of the houses
in Abuja, Kano and other places are about to be
confiscated and he is likely going to end in jail. What a
shameful end!
"It was speculated that the silence coming from
Newspapers is as a result of his partnership with some
of the prominent media houses.

UPDATE AT 5:30pm.

"REPORT REACHING US CONFIRMED THAT YUGUDA SOLD
HIS MANSION IN KANO JUST YESTERDAY. BUT, CITIZENS
ARE SUSPICIOUS OF THE TRANSACTION TO BE A FAKE
ARRANGEMENT TO DISTRACT EFCC FOR INVESTIGATING
HIM.
"NEVERTHELESS, NO MATTER THE ARRANGEMENT,
THERE MUST BE EVIDENCE OF CHNAGE OF OWNERSHIP,.
THE WORST IS THAT IF THE TRANSACTION WAS DONE IN
RAW CASH.
"AS FOR THE BAUCHI MANSION, YUGUDA CLAIMED THAT
HE COLLECTED LOAN FROM THE BANK AND BUILT THE
HOUSE! #Funny!"

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