Skip to main content
1000Reasons

Reason1812017

Alleged

Blue Opal Limited

5th defendant in N29 billion Adamawa fraud case; formed 50/50 partnership between Blue Ribbon Multilinks Limited (Abdulaziz Nyako director) and Opal Synergy Nigeria Limited (Neigi Oforie Jombo owner). Served as conduit for diverted state funds. Zenith Bank credited accounts belonging to or linked to Blue Opal with over N1 billion during investigation period. Arraigned on 37-count charge July 2015.

Sources

SOURCE-01National Accord Newspaper
National Accord Newspaperwww.nationalaccordnewspaper.com/how-ex-adamawa-governor-murtala-nyako-looted-states-funds-witness-tells-court/
SOURCE-02EFCC Press Release (2017)
EFCC Press Release, 2017www.efcc.gov.ng/efcc/news-and-information/news-release/2497-how-accounts-linked-to-ex-adamawa-gov-nyako-got-credited-with-n1-2bn-witness

Right of reply: corrections@1000reasons.vote