BusinessCorruptionLaw & JusticeICPC Hunts Buhari’s Inlaw, Two Others Over $65m National Housing Funds

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ABUJA — The Independent Corrupt Practices and other related offenses Commission (ICPC) has declared Gimba Kumo, former managing director of the Federal Mortgage Bank of Nigeria a son-in-law of President Muhammadu Buhari, and two others wanted over alleged misappropriation of $65 million National Housing Funds.

In the notice signed by its spokesperson Azuka Ogugua, the ICPC declared Mr. Kumo wanted alongside Tarry Rufus and Bola Ogunsola over the alleged fraud.

PHOTO: L-R:  Mr. Tarry Rufus, Mr. Gimba Yau Kumo and Mr. Bola Ogunsola

“The persons whose pictures appear above, Mr. Tarry Rufus, Mr. Gimba Yau Kumo and Mr. Bola Ogunsola, are hereby declared WANTED by the Independent Corrupt Practices and Other Related Offences Commission (ICPC) in connection with issues bordering on misappropriation of National Housing Funds and diversion of the sum of Sixty Five Million dollars ($65,000,000).

“Anyone who has useful information on their whereabouts should report to ICPC Headquarters Abuja, any of the ICPC State Offices or the nearest police station, or call ICPC toll-free lines: 0803-123-0280, 0803-123-0281, 0803-123-0282, 0705-699-0190, 0705-699-0191 and 0800-CALL-ICPC (0800-2255-4272) or send an email to info@icpc.gov.ng,” the notice said.

In April, the senate committee on public accounts had summoned Mr Kumo to explain the alleged irregular award of N3 billion contracts when he was still at the bank.

The committee issued the summons following a query raised in a 2015-2018 report by the office of the Auditor-General of the Federation (AuGF) against the FMBN.

According to the report, the contract was awarded in four phases and was overpaid to the tune of N3,045,391,531.97.

Hassan Umar Shallpella (Regional Correspondent)
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