EFCC Arrests Bauchi Accountant General Over Alleged N70bn Fraud
The Economic and Financial Crimes Commission (EFCC) has arrested Alhaji Sirajo Mohammed Jaja, the Accountant General of Bauchi State, over an alleged ₦70 billion fraud.
Jaja was apprehended in Abuja on Wednesday alongside Aliyu Abubakar of Jasfad Resources Enterprise, an unlicensed Bureau de Change (BDC) operator, and Sunusi Ibrahim Sambo, a Point of Sale (PoS) operator.
EFCC spokesperson Dele Oyewale confirmed the arrest in a statement on Wednesday, saying it is part of an ongoing investigation into alleged money laundering, diversion of public funds, and misappropriation of state resources.
The statement partly reads, “He was arrested in Abuja on Wednesday, March 19, 2025, alongside Aliyu Abubakar of Jasfad Resources Enterprise, an unlicensed bureau de change operator and Sunusi Ibrahim Sambo, a Point of Sale (PoS) operator.
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“They were arrested in connection with investigations of money laundering, diversion of public funds and misappropriation to the tune of N70billion. The Commission is investigating the Governor of Bauchi State, Senator Bala Mohammed, regarding the matter.
“Already, investigations showed that cash withdrawal of N59 billion had been made through various bank accounts opened and operated by the Accountant General on behalf of the state government. The money was moved to Abubakar and Sambo, who in turn made cash payments to party agents and associates of the governor.
“The BDC operator, Abubakar earlier jumped bail and has now been rearrested,” the statement added.
Titilope Adako is a talented and intrepid journalist, dedicated to shedding light on the untold stories of Osun State and Nigeria. Through incisive reporting, she tackles a broad spectrum of topics, from politics and social justice to culture and entertainment, with a commitment to accuracy, empathy, and inspiring positive change.
