The EFCC yesterday arrested and detained a former Permanent Secretary in the Ministry of Labor, Clement Illoh, after N316 million was traced to his personal account in Zenith Bank.
A source at EFCC who spoke to The Nation, said the N316 million which is questionable, was discovered during investigations into the fraud in NIMASA
“The EFCC in the course of investigating the Technical Committee for Ratification of MLC of Nigeria Maritime Administration and Safety Agency (NIMASA) discovered that the sum of N14.1 million was paid to Clement & Bob Associates.
Further investigation revealed that the said company, Clement & Bob Associates, belongs to Dr. Clement Illoh, where he is the sole signatory.
It was further discovered that the sum of N49 million and N13 million were also paid into Clement & Bob Associates account from the now defunct Subsidy Reinvestment Programme, SURE –P. Illoh has been unable to provide satisfactory answer on how he came about the said N316 million in which he has the sum of N200 million in fixed deposit and over N16 million as balance in Zenith Bank.
The EFCC also discovered that Illoh purchased property worth N75 million from Aso Savings and Loan, Abuja using the name of his wife, Rose.”