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New PDP Chairman, Sheriff still under investigation for embezzling N300bn – EFCC

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The Economic and Financial Crimes Commission, EFCC, has said the new Peoples Democratic Party, PDP, Chairman, Ali Modu Sheriff, is still being investigated for alleged embezzlement of public funds during his eight years as governor of Borno State.

The spokesperson of the Commission, Wilson Uwujaren while speaking with The Punch said, “Sheriff is still under investigation.”

Uwujaren while refusing to disclose further details on the commission’s investigation said, “I cannot disclose the details of the investigations for now but the matter is already in the public domain.”

Sheriff while in office as the governor of Borno State was alleged to have received over N300bn from the Federation Account between 2003 and 2011 which he mismanaged.

Following the discovery, EFCC had in June 2015 arrested him for alleged embezzlement of public funds but was granted bail.

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