EFCC detains ex-Finance Minister, Yuguda

The Economic and Financial Crimes Commission (EFCC) has detained a former Minister of Finance, Amb. Bashir Yuguda, over his alleged involvement in the $115m (N23bn) bribe which was distributed by a former Minister of Petroleum Resources, Diezani Alison-Madueke.

The EFCC said in a statement that the ex-minister who is a chieftain of the Peoples Democratic Party, allegedly diverted N450m out of the money.

The money, which was distributed through Fidelity Bank Plc, was said to have been used in bribing officials of the Independent National Electoral Commission during the 2015 presidential election.