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Showing posts with label Adamawa State. Show all posts
Showing posts with label Adamawa State. Show all posts

Thursday, 1 December 2016

Nyako's Monumental Fraud Exposed: How Murtala Nyako (Buhari's main moneybags) defrauded Adamawa state funds


Nyako's Monumental Fraud: How Murtala Nyako (Buhari's main moneybags) defrauded Adamawa state funds
Below are unvarnished facts uncovered by our investigative team. 
On October 10, 2011 a petition signed by a good and responsible citizen alerted the Government of the criminal enterprise being run by General Murtala Nyako. The detailed petition alleged that since 2007 General Nyako mismanaged and misappropriated over N244 billion belonging to the state of Adamawa. The strategy being deployed by General Nyako included the shameless use of his children to launder money, setting up of the Special Programme and Project Unit (SPPU), the looting of Local Government and unprecedented inflation of contracts. For example General Nyako spent N3.5billion on the construction of the 7 kilometer Shagari Road.