EXCLUSIVE: The police report nailing Maimuna Aliyu for ‘embezzling’ Aso Savings’ N58m

Maimuna Aliyu 4

Contrary to her claims that she was being persecuted for exposing corruption in the past, police documents show that Maimuna Aliyu, one of two people whose appointments to the Independent Corrupt Practices and Other Related Offences Commission (ICPC) board, cornered a sum of N58million belonging to Aso Savings and Loan.

Aliyu and Sa’ad Alanamu were part of a 14-member board of ICPC appointed last week by Acting President, Yemi Osinbajo but after the ICIR exclusively reported that two of them were being investigated by the ICPC for corruption, Osinbajo withdrew their nomination from the board.

Responding to the withdrawal of her nomination, Aliyu had said in a statement that “the news report pointing to a report in May 2017 indicting me is a mere fluke”.

She said the “highly-placed business men who have been variously found culpable by the investigations and also angry with me for exposing them have colluded to stop my appointment” because they were afraid that they would be further exposed”.

“That is the simple reason why they have resorted to media maligning of my person,” she added.

However, as proven by documents from the police, Aliyu, who was Executive Director, Marketing, at Aso Savings and Loans Plc until 2013, had been indicted many times by the bank for series of financial misappropriations, which led to her investigation by the Police, in May.

 

Police Report on Maimuna Aliyu 1

According to one of the documents, the bank lodged a complaint with the police that Aliyu was entrusted with three landed properties at Jahi District Abuja with title documents for sell.

The three lands, the bank said, were sold for N40million each, totaling N120million, but the proceeds were converted to her personal use without recourse to the bank that entrusted her with the authority to sell the land.

While Aliyu didn’t remit the proceeds from the sales of the land to the coffer of her employee, the bank said there were other transactions that she carried out on its behalf but she didn’t return the money, which amounted to N568 million.

Police Report on Maimuna Aliyu 11

Aliyu, Ibrahim Gaga, Bilikisu Rimi and Hassan Musa, all staff of Aso Savings and Loans, were invited by the police as witnesses while the duo of Babagana Basher and Vincient Mishelia, agent and purported buyer of the three plots of land, were also interrogated by the police.

The three staff all corroborated the claim that the three land documents were entrusted to Aliyu for sale for N19million each.






     

     

    “Both the agent Babagana Basher and the buyer, Vincient Mishelia gave account on how they paid her in dollar equivalent of N58million which was $385,000 in her office,” the police said.

    Police Report on Maimuna Aliyu 12

    While quizzed by the police, Aliyu confessed that she received the money as claimed by the buyer, but she said she handed the proceeds over to Bilikisu Rimi, the Company Secretary — a claim denied by the latter.

    According to police sources, she was recommended to be charged to court by the police for “fraud and abuse of office having fraudulently converted the money totaling N58million to her personal use”.

    As also reported by the ICIR, the federal government failed to run a background check on the appointees before making a public announcement.

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    3 COMMENTS

    1. It is obvious this is a paid investigation. The report is one sided. A report that quotes two persons as company secretary. The report it claimed recommended her to be prosecuted, however, none of that was done after 4 Months. I recommend you should dig deeper to unravel and expose the corrupt practices that led to the collapse of the Bank.

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