- Date Caught: June 3, 2014
- Trade/Profession: House Of Reps Assembly man
- State: Bauchi (Bauchi)
- Listed: June 3, 2014 3:19 pm
- Expires: 998848 days, 8 hours
- House Of Rep Member, Gebi, Detained By EFCC Over N173m Fraud
Posted: Jun, 03 2014, 9:06AM
A member of the House of Representatives representing Bauchi Federal Constituency, Hon Aliyu Gebi has been arrested by the Economic and Financial Crimes Commission, EFCC. A source at the Commission disclosed that the federal law maker was detained this morning as he reported following an invitation by the Commission,
Gebi is alleged to be facing multiple cases of fraud to the tune of N173million. He allegedly obtained the amount from four different sources with false pretenses.
The source who is familiar with the Commission’s investigation, revealed that Gebi obtained N60 million as loan from one Chinedu Iloabachie ostensibly to pursue his political aspirations with a promise to return the money to his benefactor as soon as he was elected a law maker. After his election, the lawmaker failed to fulfil his promise to refund the money. Six different cheques he issued to Iloabachie were returned unpaid, owing to insufficient fund in his account.
It is the same story with Efab, a property developer who borrowed Gebi N47million to further his political ambition. All the cheques issued by Gebi as payment for the loan were returned unpaid.
Gebi, also allegedly obtained N16 million from Senator Ahmed Zanah under the pretext of helping him to buy the foreign exchange equivalent from the Central Bank of Nigeria at official rate. He neither bought the forex nor refund the money to the senator.
The member of the House of Representatives equally converted a sum of N50million obtained from one Aliyu Habeeb to own use. Habeeb allegedly paid the money as deposit for a house he wanted to buy from Gebi. He neither got the house nor has the lawmaker agreed to refund his deposit.
Gebi who already has a fraud related matter in court, is still being grilled by Investigators at the headquarters of the EFCC at press time.
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