Alleged frauds President Buhari’s son in-law, Gimba Yau Kumo, orchestrated in Federal Mortgage Bank

0
1856
OrijoReporter.com, Gimba Yau Kumo

President Muhammadu Buhari’s new son in-law, Gimba Yau Kumo did not leave Federal Mortgage Bank where he was Managing Director with a squeaky-clean image, OrijoReporter can report.

On Friday, Fatima Buhari, President Buhari’s second born and daughter of his late wife, Safinatu, and Yau Kumo got married in Katsina State.

Read also: Kogi Muslim Pilgrims Board Chairman arrested for fraud

However information available to OrijoReporter revealed that President Buhari whose name is synonymous with anti-corruption may have wedded his daughter to allegedly corrupt person.
57-year-old Yau Kumo while he was MD of Federal Mortgage Bank between 4th December, 2010 and 2014 ending, allegedly was steeped in corruption.

Then Yau Kumo following multiple petitions against him appeared before Senate Committee on Housing on several occasions. The petitions bordered on alleged frauds he perpetrated in the bank.

In most of it, he was accused of multi billion naira fraud mortgage finances fraud. The deductions from Civil Servants and alleged extortion of contractors among others.

Yau Kumo was also alleged with three others to have paid themselves outrageous severance packages at the end of their tenure in October 2014. This it was said made the National Salaries, Incomes and Wages Commission to beam a searchlight on him.

It was further alleged that the new President Buhari’s son in-law diverted most of the funds meant for Housing in Gombe and the North east to fund the construction of his five star hotel in Gombe where he hails from.

Sign up for our daily newsletter

Get the latest news delivered straight to your inbox every day. Stay informed with the Orijo Reporter's leading coverage of Nigerian and world news.

LEAVE A REPLY

Please enter your comment!
Please enter your name here