Wednesday , May 22 2024

Abuja American School refunds N1.1bn ($760k) paid by Yahaya Bello for his children’s school fees to EFCC

The Economic and Financial Crimes Commission has confirmed the receipt of the refund of $760,000 paid as advanced school fees by a former Kogi State Governor, Yahaya Bello for his children at the American International School, Abuja.

The spokesperson for the EFCC, Dele Oyewale, confirmed the development in Abuja on Friday.

“The school has refunded the entire $ 760, 000 to the EFCC’s recovery account,” he said.

This comes barely 24 hours after AISA asked the anti-graft commission to provide verifiable banking information for the refund of fees paid for Bello’s children.

The EFCC had alleged that the embattled former governor paid $720,000 in advance as fees for five of his children from the coffers of the Kogi State government.

The children are in Grade Levels 2 to 8 at the school.

AISA, in a letter addressed to the Lagos Zonal Commander of the EFCC, said the Bello family had paid the sum of $845,852 in tuition “since the 7th of September 2021 to date.”

However, the school said it would refund $760,910 because it had deducted educational services already rendered.

“Please forward to us an official written request, with the authentic banking details of the EFCC, for the refund of the above-mentioned funds as previously indicated as part of your investigation into the alleged money laundering activities by the Bello family.

“Since the 7th of September 2021 to date, $845,852.84 in tuition and other fees have been deposited into our bank account,” the letter reads.

The Chairman of the EFCC, Ola Olukoyede, had earlier revealed how Bello transferred $720,000 from the Kogi government’s accounts in the twilight of his administration to a bureau de change for his child’s school fee.

“A sitting governor, because he knows he is going, moved money directly from government to bureau de change, used it to pay the child’s school fee in advance, $720,000 in advance, in anticipation that he was going to leave the Government House.



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About Alex Itoro

Music and movie pundit

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