By using this site, you agree to the Privacy Policy and Terms & Conditions.
Accept
Okay.ngOkay.ngOkay.ng
Font ResizerAa
  • News
    • Politics
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Reading: EFCC Detains Ex-Governor Ibrahim Shema Over N76bn Fraud
Share
Font ResizerAa
Okay.ngOkay.ng
  • News
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Search
  • News
    • Politics
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Follow US
  • About Okay.ng
  • Advertising on Okay.ng
  • Contact Okay.ng
  • Careers
  • Meet the Team behind Okay.ng
  • Ownership and Funding of Okay.ng
  • Editorial Principles at Okay.ng
© OKN MEDIA PUBLISHING 2022 - All rights reserved
News

EFCC Detains Ex-Governor Ibrahim Shema Over N76bn Fraud

Farouk Mohammed
By Farouk Mohammed
Published: September 17, 2016
Share
3 Min Read
SHARE

Ibrahim-Shema

The immediate past Governor of Katsina State, Alhaji Ibrahim Shema, has been detained by the Economic and Financial Crimes Commission as part of investigations into an alleged N76bn fraud.

The EFCC had declared Shema wanted on Wednesday but the former governor maintained that he was not on the run.

Subsequently, Shema arrived at the head office of the EFCC on Friday morning, after which he was grilled for over eight hours.

- Advertisement -

However, as of 7.30pm on Friday, the ex-governor was still in the custody of the commission.

In a statement by Shema’s spokesman, Oluwabusola Olawale, the former governor insisted that he voluntarily walked into the EFCC office.

The statement read in part, “As further proof to the fact that the former Governor Shema is not in hiding as claimed by the EFCC, he voluntarily walked into the EFCC headquarters around 9.30 am on Friday, September 16, 2016.

“We have reiterated it on different occasions that former Governor Shema has nothing with fear and he is ever ready to defend himself but he should not be subjected to political and media trial.

- Advertisement -

“All he wants is fairness, justice and equity in accordance with the rule of law. Former Governor Shema left Katsina State as a debt-free state despite the massive infrastructural development during his eight-year tenure.

“The whole agenda is a campaign of calumny by Governor Aminu Bello Masari of the APC to pull Shema down because he feels too small to occupy the big shoes and meet the giant strides of Shema as his predecessor in office.”

Masari had accused Shema of financial impropriety and diversion of billions of naira.

The governor had said he had “concrete evidence” to drag his predecessor before the anti-graft agency to recover all stolen funds.

According to Masari, there are some mistakes that can be forgiven, “but N70bn is a huge amount of money that we cannot overlook.”

The governor promised that all stolen public money would be retrieved to correct past mistakes and bring sanity into public service. He alleged that the former governor misappropriated over N76.6bn collected as excess crude oil allocation and diverted over N7.5bn for personal use.

Masari also alleged that Shema and other top government officials of the Ministry of Local Government Affairs used fake documents to divert over N750m earmarked for the purchase of drugs for local government councils.

Stay Updated on the Go with Our Latest News—Join Our WhatsApp Channel Now!
TAGGED:EFCCIbrahim ShemaKatsinaShema
Share This Article
Facebook Whatsapp Whatsapp Telegram Email Copy Link Print
ByFarouk Mohammed
Publisher
Follow:
Farouk Mohammed is a Head Editor at Okay Nigeria (Okay.ng). He has been publishing for 10 years and focused more on Local/World News on Okay.ng
Previous Article ISIS Senior Leader, Wa’il Al-Fayad Killed In Airstrike
Next Article Buhari Should Push for Emergency Law Pull Nigeria Out of Recession – Kalu

Connect with Okay on Social

FacebookLike
XFollow
InstagramFollow
TelegramFollow

Dollar/Naira Rates

Dollar to Naira Exchange Rate

Okay.ng Logo
Buy Rate ₦1,605.00
Sell Rate ₦1,620.00

Last updated: 4 days ago (June 3, 2025 2:33 pm)

Displayed rates are for informational purposes only and are subject to change.

USD/NGN Converter

- Advertisement -
- Advertisement -
Ad imageAd image
- Advertisement -
Ad imageAd image

Recent Posts

Pastor Adeboye
Pastor Adeboye Shares Divine Directive: Leaving RCCG Could Lead to Tragic Loss
News
Anglican Bishop of Lafia Calls on President Tinubu to Address Root Causes of Nigeria’s Insecurity and Economic Woes
News
Egbe Bobakeye Okunrin Akile Ijebu Refutes False Claims About Queen Elizabeth II’s 1956 Visit
News
NRC Managing Director Warns Against Railway Vandalism: “We Don’t Have Scraps, We Have National Assets”
News
Tragic Head-On Collision in Jigawa Claims Nine Lives, Dozens Injured
News
- Advertisement -
Ad imageAd image

You May Also Like

Sport

Victor Osimhen Returns to Nigeria as Al Hilal Transfer Hangs in Balance Ahead of FIFA Club World Cup

Oluwadara Akingbohungbe
Oluwadara Akingbohungbe
June 7, 2025
News

Tinubu Urged by PDP to Cut Fuel and Electricity Costs Amid Eid-el-Kabir Festivities

Oluwadara Akingbohungbe
Oluwadara Akingbohungbe
June 7, 2025
Mike Ejeagha
News

Mike Ejeagha, Nigerian Highlife Maestro, Dies at 95

Muhammad A. Aliyu
Muhammad A. Aliyu
June 7, 2025
Okay.ngOkay.ng
Follow US
© OKN MEDIA PUBLISHING 2025 - All rights reserved
  • About Okay.ng
  • Advertising on Okay.ng
  • Contact Okay.ng
  • Careers
  • Meet the Team behind Okay.ng
  • Ownership and Funding of Okay.ng
  • Editorial Principles at Okay.ng
adbanner
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?