N1. 275bn ‘gift’: EFCC quizzes Stallion Group head

http://newtelegraphonline.com/n1-275bn-gift-efcc-quizzes-stallion-group-head/

Operatives of the Economic and Financial Crimes Commission (EFCC), Thursday quizzed the Managing Director of Stallion Group, over allegations that the company paid the sum of N1. 275 billion to a former Minister of State for Finance.

Highly placed sources at the EFCC’s headquarters, said the Group allegedly paid the money to a Bureau de Change, which later converted same into dollar equivalent, and handed same to the said former minister.
One of the sources, who pleaded not to be named, said the name of Stallion Group came up: “When investigators scrutinising transactions carried out by the former NSA (Col. Sambo Dasuki) with…a bureau de change operator, stumbled on evidence that Stallion Group also (allegedly) paid N1.375billion to the company, though N100miiilllion of the money was later returned, leaving a balance of N1.275billion.”