Buhari’s Son Has Been Arrested By The EFCC Over N20m Scam.

 

         Operatives of the EFCC have arrested Mr. Mohammed Buhari, an adopted son of a former Head of State, Gen. Mohammadu Buhari, for an alleged N20m scam.

         A source at the EFCC said that the young Buhari obtained the said N20m from one Mrs. Nwokocha Florence to invest in an oil and gas business with a promise to make mouthwatering returns to the woman.

It was gathered that Buhari's son also promised to pay the lady 30 per cent annual interest on the N20m.

But the relationship between the two turned sour when Buhari reneged on the agreement to pay the 30 per cent annual interest on the N20m to the investor said to have been introduced to him by his accounts officer at ECO Bank. 

It was leant that once the money was transferred, Mr. Buhari cleaned out the account but never paid any interest to the woman.

Defending his action, the EFCC source said that Buhari claimed that he had some problems which emanated from his lost of the bank’s guarantee which he secured from a new generation bank. He was said to have explained that the guarantee was cancelled because the bank felt that the branch from which he secured it lacked the competence to give it.

         Investigation revealed that Mr Buhari is still being held by EFCC men investigating the case at the Lagos office of the commission as of the time of filing this report.

        EFCC Head of Media and Publicity, Mr. Wilson Uwujaren, said, “It is true but I don’t have the details.”