President Muhammadu Buhari has ordered the prosecution of the President of the Nigerian Football Federation (NFF), Amaju Pinnick, over alleged multi-billion fraud.

Newspoint Media moreover realized that the Federal Government by way of the Presidential investigative panel headed by Okoi Obono-Obla had positioned Pinnick on journey ban.

It was gathered on Saturday that Buhari gave the order for Pinnick’s prosecution when the Obono-Obla launched a preliminary investigation report again to him.

The Economic and Financial Crimes Commission (EFCC) moreover addressed a report on the NFF to the President detailing the results of their investigations which tallied with what Obono-Obla’s panel had submitted to the President.

EFCC Chairman, Ibrahim Magu, had in his six-page report educated Buhari that the anti-graft firm had investigated and prosecuted the Director, Finance and Administration, Christopher Andekin; Head, Finance and Administration, NFF, Jafaru Mamzah and a cashier with the Finance and Administration division of the NFF, Rajan Zaka.

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Magu talked about the accused have been prosecuted over an alleged financial rip-off throughout the soccer governing house in reference to financial funds from Federation of International Football Associations (Fifa) and Confederation of African Football (Caf) to NFF between January 2014 to June 2016.

It was realized that President Buhari was talked about to have been visibly offended over the alleged monumental rip-off and ordered Pinnick to even be prosecuted.

He directed Magu to embark on a wider investigation into the remittances to the NFF between 2017 and 2018.

The President, who was reportedly shocked by the mind-boggling report and further revelations directed Magu to ensure an entire and discreet investigation with watertight and unassailable information and objects of proof that may nail the suspects on the court docket.

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According to the EFCC preliminary report, EFCC stated that it commenced full investigation into the funds of the NFF the place it discovered that the domiciliary accounts of the NFF domiciled with Zenith Bank and UBA had acquired full inflow of $16,417,761 from FIFA and CAF between January, 2014 and June, 2016.

The EFCC’s boss extra educated Buhari that the payment moreover acquired one different petition dated April 24, 2016 captioned ‘Monumental stealing and financial crisis in the Nigeria Football Federation’, from James Peters of Amal Pepple Estate, Abuja.

He stated that within the midst of the investigation, the Minister of Sports forwarded to the payment, paperwork in assist of the petition revealing sponsorship affords amounting to N1.14bn and $1.55m by his letter No. HMY &SP/003/2018/55 dates August 7, 2018.
Magu talked about, “Investigation into this petition has to this point established that the NFF has sponsorship affords with 21 firm organisation.

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The investigation extra revealed that between 2008 and 2018, 11 out of the 21 firm organisations made sponsorship payment of N5,288,990,000 and $1,550,000 to NFF as in direction of the amounted stated throughout the ministers’ letter beneath reference above.

“One of the companies appointed as financial consultant to the NFF is owned by the 2nd Vice President of the NFF in person of Alhaji Shehu Dikko. The audit trail of the funds and its utilisation is currently ongoing with a view to prosecuting anyone found culpable of any offence.”

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