ADVERTISEMENT
  • Home
  • About Us
  • Contact Us
  • Privacy Policy
  • Advertise Here
  • Login
National Insight News
Advertisement
  • News
  • Politics
  • Business
  • Entertainment
  • Sports
  • Health
  • Tourism
No Result
View All Result
  • News
  • Politics
  • Business
  • Entertainment
  • Sports
  • Health
  • Tourism
No Result
View All Result
National Insight
No Result
View All Result
Home Featured

N4.1billion Property Fraud:  EFCC Recovers, Hands over 324 Houses to Kano Pensioners

by NationalInsight
March 19, 2024
in Featured, News
Reading Time: 2min read
0
1
SHARES
367
VIEWS
Share on FacebookShare on TwitterShare on WhatsApp

The Abuja Zonal Command of the Economic and Financial Crimes Commission, EFCC, has handed over documents of properties and 324 houses recovered for Kano state pensioners to them.

The handing over of the houses, occasioned by a final forfeiture order granted by Justice I.E. Ekwo of the Federal High Court sitting Abuja, was a result of successful investigations carried out by the Commission over a N4.1billion Pension Trust Fund contributed by the pensioners to own houses, which was fraudulently denied them by two successive administrations in Kano State.

The Commission investigated a petition by Concerned Kano State Workers and Pensioners of alleged misappropriation of pension funds in the state. Findings by the EFCC showed that the state government entered into a tripartite agreement with the Kano State Pension Trust Fund to build housing estates for an aggregate sum of N41billion (Forty One Billion Naira), out of which the Pension Trust Fund was to contribute N4.1billion (Four Billion One Hundred Million Naira).

However, the contribution of the pensioners was used to build the houses in three estates located in Sheikh Ja’afar Mahmud Adam Bandirawo city, Sheikh Nasiru Kabara (Amana) city and Sheikh Khalifa Ishaq Rabiu city, all in Kano state and two former governors of the state fraudulently discounted and sold the houses to their cronies and associates,  leaving the pension trustees with low budget and uncompleted houses. The EFCC stepped in and upon completion of investigation, filed for and acquired a final forfeiture order of the 324 properties to the Kano State Pension Fund Trustees.

You might also like

Lumar Auto Set to Explore Ibadan Market with Exotic Cars

₦1.8 Billion Governor’s Lodge? Oyebanji Must Be Probed!

CDCFIB Warns Applicants Against Fake Messages, Urges Strict Compliance with Recruitment Guidelines

Load More

While handing over the documents of the 324 properties worth N4.1billion to the pensioners on Monday, March18, 2024, the Abuja Zonal  Commander of the EFCC,  Assistant Commander of the EFCC, ACE I Adeniyi Adebayo assured that the EFCC would continue to do its best to rid the nation of fraudulent practices. Representatives of the Kano State Pension Board, Alhaji Hassan Muhammed Aminu,  Kubra  Ahmad Bichi and Salisu Yakubu Abubakar, who received the documents on behalf of the workers and pensioners, expressed delight and joy with the EFCC for assisting them in recovering their houses.

author avatar
NationalInsight
See Full Bio
ALSO READ  Kano Govt Allocates ₦8bn for Ramadan Feeding
Tags: ACE I Adeniyi AdebayoAlhaji Hassan Muhammed AminuEFCCKano stateKano State Pension BoardKubra  Ahmad BichiPensionersSalisu Yakubu Abubakar
Share12Tweet7Send
Previous Post

Prof. Ayo Hammed to Deliver UI’s 546th Inaugural Lecture Thursday

Next Post

Kano to Spend N6bn on Ramadan Feeding

NationalInsight

NationalInsight

Related Posts

Adekunle Habeeb
Featured

Lumar Auto Set to Explore Ibadan Market with Exotic Cars

by NationalInsight
November 1, 2025
218
Ekiti State to Host Public Engagement on Tourism Policy This Tuesday
News

₦1.8 Billion Governor’s Lodge? Oyebanji Must Be Probed!

by NationalInsight
November 1, 2025
208
Featured

CDCFIB Warns Applicants Against Fake Messages, Urges Strict Compliance with Recruitment Guidelines

by NationalInsight
November 1, 2025
270
Court Rejects PDP Member's Attempt to Halt NEC Meeting
Featured

PDP Stakeholders, Leadership React to Court Judgment, Reaffirm Commitment to Rule of Law and Party Rebuilding

by NationalInsight
November 1, 2025
224
#image_title
Featured

NYSC Shifts Passing-Out Date for 2024 Batch C Stream 1 Corps Members

by NationalInsight
November 1, 2025
236
Next Post
Abba -Kabir-Yusuf, Kano State Governor

Kano to Spend N6bn on Ramadan Feeding

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Latest Post

Adekunle Habeeb

Lumar Auto Set to Explore Ibadan Market with Exotic Cars

November 1, 2025
218
Ekiti State to Host Public Engagement on Tourism Policy This Tuesday

₦1.8 Billion Governor’s Lodge? Oyebanji Must Be Probed!

November 1, 2025
208

CDCFIB Warns Applicants Against Fake Messages, Urges Strict Compliance with Recruitment Guidelines

November 1, 2025
270
  • Home
  • About Us
  • Contact Us
  • Privacy Policy
  • Advertise Here

Recent Posts

  • Lumar Auto Set to Explore Ibadan Market with Exotic Cars
  • ₦1.8 Billion Governor’s Lodge? Oyebanji Must Be Probed!
  • CDCFIB Warns Applicants Against Fake Messages, Urges Strict Compliance with Recruitment Guidelines

Copyright © 2020 National Insight News

No Result
View All Result
  • Politics
  • Entertainment
  • News
    • Business
    • Health
    • Tourism
  • Sports
  • Contact Us
  • Privacy Policy

Copyright © 2020 National Insight News

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
WP Twitter Auto Publish Powered By : XYZScripts.com