Ismaila Yusuf Atumeyi, a New Nigeria Peoples Party (NNPP) candidate for the Kogi State House of Assembly seat, was detained by the Economic and Financial Crimes Commission (EFCC) with N326 million and $140,500 in cash.
Atumeyi, a candidate for the Ankpa 11 Constituency seat in the State Assembly, and Joshua Dominic, an alleged serial fraudster, were both taken into custody on Sunday, October 30, 2022.
They were detained in an undercover operation at Macedonia Street, Queens Estate, Karsana, Gwarinpa in Abuja, according to EFCC spokesperson Wilson Uwujaren.
Uwujaren claims that Femi provided the inside information necessary for the syndicate to carry out its attack on a bank.
“He (Femi) was picked up Tuesday, November 1, 2022, at Radisson Blu Hotel in Lagos. Following his arrest, a search was conducted on his home in Morgan Estate, Ojodu where a total of $470,000 USD was recovered.
“The arrest of the suspects followed months of investigation into the hacking of one of the commercial banks by a syndicate of fraudsters who pulled off a heist of N1.4billion.
“The syndicate allegedly moved N887 million into the account of Fav Oil and Gas limited, from where the monies were paid to several Bureau de Change operators and some auto dealers for exchange into United States Dollars and purchase of high-end cars,” he said.
The EFCC further claimed that Dominic, who had previously been detained for fraud, had allegedly worked with Abdumalik to assist Atumeyi in honing his hacking strategy.
“Dominic, a self-styled investment expert and managing director of Brisk Capital Limited was arrested in May 2021 by the Special Fraud Unit of the Nigeria Police for alleged N2billion investment scam. He allegedly defrauded over 500 persons in a phony investment scheme.
“Two Range Rover Luxury SUVs were also recovered from the two suspects arrested in Abuja. They will be charged to court as soon as the investigation is concluded,” he added.
