On September 2, 2025, Mr. Yakubu, whose name featured in the course of the investigation, was invited and he volunteered his statement. “Mr Yakubu submitted a ledger to the commission evidencing records of his transactions wherein the details of customers and the amount of dollars sold by them are recorded. “Mr Ibrahim Sani gave a statement on how he had been using Yakubu, the BDC operator, to send money to different individuals and companies. Mr Ibrahim equally confirmed how he usually deposits huge amounts of money (Dollars) with Mr Yakubu, who, in turn, sends his naira equivalent to individuals and companies’ accounts provided by him. Mr. Ibrahim, however, denied ownership of the N30.7 million found in Yakubu’s account as at the time of making his statement,” the anti-graft agency added.

Source: Punch January 05, 2026 22:39 UTC