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PHCN Fraud: EFCC Arrests Goodluck Jonathan's Power Minister, Wakil




Operatives of the Economic and Financial Crimes Commission (EFCC) have reportedly arrested a former Minister of State for Power, Mohammed Wakil, in his Abuja residence.

Wakil, a former Minister in the administration of former President Goodluck Jonathan, was arrested over financial mismanagement involving the Power Holding Company of Nigeria (PHCN).

The former minister "will be arraigned in the High Court of the Federal Capital Territory on Monday" over some alleged fraudulent payments involving the PHCN, PRNigeria reports.

Recall that the EFCC, in 2018, arraigned Wakil, and four others at the Federal High Court, Maiduguri, Borno State, for another case of an alleged collection of $115 million from a former Minister of Petroleum Resources, Diezani Alison-Madueke, to prosecute the 2015 general elections.

Wakil is a native of Damboa Local Government Area of Borno State and a law graduate from the University of Maiduguri.

He was also a member of the National Assembly and vice chairman of the Peoples Democratic Party (PDP).

During former President Olusegun Obasanjo and Alhaji Atiku Abubakar's administrations from 1999 to 2003, Wakil was the Majority Leader in the House of Representatives of the Federal Republic of Nigeria.

Source: Naija News

Ogbolu George is a graduate of Mass Communication from the University of Benin. He loves politics, is a movie addict and a die-hard Arsenal fan. George is a Senior Content Creator at Naija News.