Immediate past National President of Association of Local Governments of Nigeria, ALGON, and former Chairman of Kagarko local government area of Kaduna State, Hon Yusuf Danjuma Akuso has been arrested by the Economic and Financial Crimes Commission, EFCC.
It would be recalled that kinsman of the immediate past National President of ALGON had petitioned EFCC to investigate him for alleged money laundering running into billions of naira.
Sources at the EFCC said the former ALGON chairman was at the commission on Wednesday but was released and allowed to return on Thursday.
In the petition signed and submitted to EFCC by Abubakar Abba and John David, a copy of which was sent to President Muhammadu Buhari and Vice President, Yemi Osinbajo, they alleged that an account operated by Akuso had a bank balance of about N34 million only, before the commencement of preparations for the 2015 general election; however, by April 2015, the balance grew to over N2 billion at Zenith Bank with account number 1010740698.
It was gathered in the petition that about N800 million was transferred to a former President Goodluck Jonathan’s campaign Director.
According to the petition, “We write to draw the attention of the Commission to the suspicious financial activities of Hon. Yusuf Danjuma Akuso, who was the former Executive Chairman of Kagarko LGA and doubled as the former ALGON Chairman in Kaduna State.
“A search at Corporate Affairs Commission has shown that Hon. Akuso incorporated a company- Jointrust Dimentions, of which he is the sole owner and signatory to its account domiciled at Zenith Bank with account number 1010740698.”
The petitioners said: “Records have equally shown that in the last quarter of 2014, the said account had a bank balance of about N34 million only. However, by April 2015, the balance grew to over N2 billion.
“It may interest the commission to note that the period within which this huge amount was deposited into the account in question coincided with the period when the last electioneering campaigns were at its peak.”

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