BREAKING: EFCC arrests Tinubu’s ally, Tunde Fowler over N5b fraud

The Economic and Financial Crimes Commission (EFCC) has arrested a former Chairman of the Federal Inland Revenue Service, Babatunde Fowler, over an alleged N5bn fraud perpetrated under his watch.

Fowler, a long-time ally of the national leader of the All Progressives Congress, Asiwaju Bola Ahmed Tinubu, is currently being interrogated at the Lagos office of the EFCC.

Recall that nine senior officials of the agency were detained by the EFCC over alleged multi-billion naira fraud in 2019.

Fowler was sacked by President Muhammadu Buhari in 2019 after a query for worsening tax revenues since 2015.

He was also accused of a lavish lifestyle, bankrolling extravagant parties and concerts in Lagos, poor corporate governance structures at the FIRS, poor audits at the FIRS, high handedness in office, diversion of funds, brazen corruption and awarding contracts to stooges and cronies.

Details later…

NEWS: Fayemi – Ojudu Feud: El-Rufai Committee Yet to Act, 1 Month After

NEWS: WAEC releases 2020 SSCE results; check your result

NEWS: Senate attacks El-Rufai, Fayemi over comments on restructuring

NEWS: Tinubu hijacks Oniru stool for me to protect his business interest – Prince Ajasa

NEWS: Why Nigeria didn’t shut down social media during #EndSARS protests – Presidency

Newsflash Nigeria is an online newspaper that is developed and written exclusively for Nigerians. It’s packed with up-to-the-minute Local and National Economy News, Share & Capital Market, Health, Sports, Education, Technology, Business and Opinions.

To make further advert enquiries or place an order, please contact us at [email protected] and +2348053316946 and WhatsApp number 08033546732