American International School Refunds $760,000 to EFCC Recovery Account in Yahaya Bello Case


The Economic and Financial Crimes Commission (EFCC) has disclosed that the American International School has fully reimbursed the sum of $760,000 to its recovery account, marking a significant development in the ongoing case involving former Kogi State Governor, Yahaya Bello.

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Dele Oyewole, spokesperson for the EFCC, exclusively told Naija247news in a phone chat in Abuja, confirming that the school had made the full refund into the designated account provided by the agency.

The refund comes after the school sought clarification from the EFCC regarding the appropriate bank account for the repayment, pledging to reimburse the fees previously paid by Bello for his children’s education.

Bello, currently embroiled in a corruption trial, stands accused of misappropriating over N80 billion belonging to the Kogi State government during his eight-year tenure.

The EFCC, led by Chairman Ola Olukoyede, remains steadfast in its commitment to prosecute Bello and his associates for alleged money laundering and other offenses committed while in office.

Regarding another high-profile case, Oyewale provided updates on the status of Nadeem Anjarwalla, the Binance Regional Manager for Africa who escaped from Nigerian custody in March. He affirmed that relevant government agencies are actively working on extradition processes to bring Anjarwalla back to Nigeria to face charges, emphasizing the collaboration between national and international security entities in this matter.

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OyinyeChukwu Paula
OyinyeChukwu Paulahttp://Vetiva%20Research
OyinyeChukwu Paula Position: Business Journalist, Naija247news OyinyeChukwu Paula is an accomplished business journalist contributing her expertise to Naija247news, one of Nigeria's leading news platforms. With a keen interest in economic affairs, financial markets, and corporate developments, Paula brings a wealth of knowledge to her reporting, delivering insightful analyses on the dynamic business landscape in Nigeria and beyond. Education: Paula holds a degree in Journalism from [Abia State University], where she honed her skills in investigative reporting and business journalism. Her academic background laid the foundation for her commitment to delivering accurate and timely news with a business-focused perspective. Professional Experience: Having amassed experience in the field, Paula's journalistic journey has been marked by a dedication to uncovering stories that impact the business community. Her work spans interviews with key industry figures, coverage of market trends, and in-depth analyses of economic policies. Areas of Expertise: Financial Markets: Paula provides comprehensive coverage of financial markets, offering insights into stock movements, currency fluctuations, and economic indicators. Corporate Affairs: With a focus on corporate activities, Paula delves into mergers and acquisitions, financial reports, and the strategies employed by leading companies. Economic Policy: Keeping a watchful eye on government policies, Paula explores their implications on businesses and the broader economy, providing readers with a nuanced understanding of economic developments. Contributions to Naija247news: Paula's bylines at Naija247news reflect her commitment to delivering quality journalism. Whether unraveling complex financial narratives or simplifying intricate economic concepts, she ensures that her audience is well-informed and empowered. Passion for Business Journalism: Beyond the newsroom, Paula is known for her passion for business journalism's role in fostering transparency and accountability. She believes in the power of information to drive positive change and economic growth. In a media landscape marked by rapid changes, OyinyeChukwu Paula stands out as a dedicated business journalist who continues to shape the discourse on economic matters, contributing significantly to Naija247news's mission of delivering credible and impactful news.

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