The Economic and Financial Crimes Commission has declared a Kastina-based businessman, Idris Usman, wanted for an alleged N1bn fraud involving the Subsidy Reinvestment and Empowerment Programme otherwise known as SURE-P.
According to the EFCC, the suspect, who is the Managing Director, Idris Kwado and Sons Limited and Aminu Dikko and Sons Limited, was given a contract of N1bn by the immediate-past governor of Kastina State, Ibrahim Shema, who has been charged for an alleged N11bn fraud.
In a statement on Tuesday, the EFCC said, “Alhaji Idris Kwado Usman, the Managing Director, Idris Kwado and Sons Limited and Aminu Dikko and Sons Limited, is a Katsina-based contractor wanted for complicity in the misappropriation of over N1bn SURE-P funds in Kastina
“Usman, 49, is dark in complexion, hails from Katsina Local Government Area and had his last address as Kwado village, off Ring Road, Katsina.”
SURE-P was a scheme established by the Federal Government of Nigeria during the administration of former President Goodluck Jonathan to re-invest the Federal Government’s savings from fuel subsidy removal on critical infrastructure
The EFCC last week charged the immediate past governor of Katsina State, Shema, and three others with an N11bn fraud.
Shema is being charged alongside Sani Makana, Lawal Safana and Ibrahim Dankaba before Justice Maikaita Bako of the Katsina State High Court for the alleged offences of criminal breach of trust, abuse of office and diversion of public funds to the tune of over N11bn during his tenure as governor.