Unaccounted Funds: EFCC detains NAHCON chair, recovers significant amount of foreign currency
August 15, 2024.
By Samuel Ogunsona
The Economic and Financial Crimes Commission (EFCC) has detained the Chairman of the National Hajj Commission of Nigeria (NAHCON), Jalal Arabi, and the commissionβs secretary, Abdullahi Kontagora, in connection with an ongoing investigation.
The commission takes them into custody over an alleged mismanagement of the N90bn 2024 Hajj subsidy
The anti-graft agency also stated that a total of SR314,098 was recovered from the NAHCON chair and other ranking officials.
The EFCC, however, alleged that: βThe chairman fraudulently overpaid himself, the commissioners, secretary and directors for the 2024 hajj operational cost.
βThe chairman was entitled to SR15,929 but he got SR50,000; three commissioners who were meant to get SR 15,929 each received SR 40,000 each. The secretary got SR 30,000 instead of SR14,336. Directors/Chief of Staff received SR 30,000 instead of the SR2,550 they were entitled to. The total of
SR314,098 were recovered from all of them.β
However, the commission has taken in NAHCON Chairman for further questioning.
A substantial amount, equivalent to SR 8,614,175.27, withdrawn from the N90 billion government release, remains unaccounted for by NAHCON.
βThe sum of N90bn was released by the Federal Government of Nigeria to the National Hajj Commission to subsidise the 2024 Hajj Operations by the Federal Government of Nigeria.
βThe total sum of N1, 764,705,937.62 was deducted by the Central Bank of Nigeria as bank charges.
βThe sum of N88, 235,294,063.72 was subsequently converted into United States dollars at the rate of N1,416.13, which amounted to USD 62,307,164.48 and thereafter transferred into NAHCON British SAAB Account in Saudi Arabia.
βThe sum of USD 62,307,164.48 was converted to Saudi Riyal at the rate of N3,748, which amounted to the sum of SR 233,527,252.47.
βThat the opening balance of the IBAN-E track for 2024 Hajj activities was SR 19,813,810.89 and has an inflow of SR 485,000,000.00 from NAHCON with a closing balance of SR 78,985,266.03.
βThat the closing balance is inclusive of the SR20,637,908.23 refunded from the Ministry of Hajj and Umrah Saudi Arabia.
βThat the total sum of SR 22, 815,367.74 was withdrawn cash from the British SAAB account by one Abubakar Muhammed Lamin in Saudi Arabia during the 2024 Hajj operation.
βThe expected cash payment for services and allowances to staff and stakeholders is SR 14,905,910.47.
βThat the total sum of SR 8,614,175.27 cash withdrawal is yet to be accounted for by NAHCON.β
