FCT Minister's Children Stash N35 Billion Two Nigerian Banks, Offshore Accounts
Two children of the Minister of the Federal Capital Territory, Bala
Mohammed, have allegedly stashed funds running into billions of naira in
Unity Bank, UBA and another offshore account in Dubai, Pointblanknews.com
investigations have revealed.
The duo is notorious for harassing and obtaining contracts from Directors
in the FCT using fronts and phony companies.
Checks have revealed a disturbing trend that may ultimately expose the
level of corruption within the Federal Capital Administration led by
Alhaji Bala Mohammed.
Shamushdeen and Ibrahim, the first and second sons of the Minister, barely
28 years, have depicted how corrupt the minister himself is.
Contrary to what the minister preaches about transparency in governance,
the children have been a major source of irritation to residents of the
territory, and a mirror of the minister's inner personality in terms of
living beyond their means.
Killing an Innocent Teenager
To know the children better, a recap would do. Not too long ago,
Shamushdeen Bala Mohammed, the first son of the minister, in a hit and run
manner, crushed to death an innocent 22-year-old Mark Musa to death along
Shehu Musa Yar'adua Expressway, opposite National Health Insurance Scheme
headquarters. He has been a sponsor of the illegal car racing competitions
in the territory.
The matter was covered up by the minister using the FCT Police Command
while the parents of the victim was threatened to take a paltry sum of
money given them as compensation or get locked up secretly. The parents of
the late teenager had no option but to swallow the bitter pills.
Presentation of Car Gift to Girlfriend
The same Shamshudeen recently presented a car (Mercedes S Class) gift to a
girlfriend, daughter of a director in the federal civil service (names
withheld). The 17-year old girl's father was so outraged that he ordered
the car returned to the owner.
Illegal Car Racing in FCT
The Federal Capital city has no provision for car racing. Recently, the
Minister placed a ban on car racing following injuries and bashings of
motorists inflicted on residents. The minister may have acted ignorantly
or showed inability to rein in his children, and ordered the ban on car
racing. His second son, Ibrahim, is the chief sponsor of the illegal car
racing that have so far killed many people. This dangerous game continues
every night in some parts of the city center.
The ban failed because at a point spectators of the game violently
confronted both the police and the Federal Road Safety Commission. Police
often fired teargas to disperse spectators around Area 10 Parade Ground on
Sundays.
Network of Crime
The two minister's children run a huge network of friends who are involved
in several shady deals: land scammers, contractors who pay huge sums into
their bank accounts leaving our investigators wondering whether the
minister himself is not part all the game.
Directors in the ministry do not fail to carry out orders, usually
requests for funds transfer, land allocation in choice places from this
duo.
Our investigations have been able to establish some bank accounts run by
these boys. Some have their names and different photographs while others
have their photographs and different names.
There are also other accounts held by their network of collaborators in
Nigerian banks and other offshore accounts details of which our
investigations revealed.
The Bank Accounts
Further investigations showed that two accounts with two Nigerian banks;
Unity Bank and UBA, and an offshore contain a princely N35 billion. Ten
Billion Naira was located in Unity Bank and UBA while an equivalent of N15
billion is stashed in the offshore account in Dubai.