Politics
Ex-PDP chair, Mu’azu, linked to property where EFCC found N18bn cash
A former national chairman of the People’s Democratic Party has been linked to a building in Ikoyi where the Economic and Financial Crimes Commission (EFCC) made a humongous find of cash in hard currencies amounting to about N18billion.
The EFCC had disclosed on Wednesday that it found $43.4m, £27,800 and N23.2m in cash at a residential building on the 7th Floor of a four – bedroom apartment at Osborne Towers located at 16, Osborne road Ikoyi, Lagos.
A search of the property on the internet showed that it was constructed by Cappa And D’alberto Plc, while Etco (Nigeria) Limited, an Electrical and Mechanical Engineering Contracting firm had carried out Electrical, ELV, Plumbing, Fire Fighting and Air Conditioning work on the property.
Etco listed Alhaji Adamu Muazu as its client on the construction work carried out on the property.
Read also: $1.3BN MALABU SCAM: EFCC raids Adoke’s home
Mu’azu who was once declared wanted by the EFCC, left the country right after his party lost the 2015 presidential election, purportedly for a medical trip.
His absence created a gap that was temporarily filled by a national deputy chairman of the party at the time, Uche Secondus.
Mu’azu has however denied ownership of the said property, but is yet to provide an explanation as to why he was listed as Etco’s client for work carried out on the property.
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