Wanted Former FMBN Director Not Buhari’s Son

Misbar’s analysis reveals that the newspaper reports stating that Mr. Gimba Yau Kumo is President Buhari's son-in-law is misleading. In contrast, the duo had gotten married in a well-attended and elaborate wedding in Daura, Katsina state, in 2016. Our investigation revealed that the break-up was a well-kept secret within the presidency, hence the papers' misinformation. The reports connecting the fugitive to the President are said to have rattled the Presidency, and it had to dissociate the President from him openly. The statement from the Presidency did not, however, mention when precisely the marriage crumbled. The investigation also shows that Kumo’s study by the ICPC has been going on for a while now, almost immediately after the 2016 wedding to Fatima. The alleged fraud was perpetrated by the trio when the Federal Mortgage Bank of Nigeria awarded a contract for the design, building, and implementation of a Mortgage Banking Business Process Solution workflow and infrastructure to integrate all of the bank’s processes, and the contractor is reported to have been overpaid to the tune of N3,045,391,531.97. This was declared in a report sent to the senate by the office of the auditor-general of the federation, which revealed that the second, third, and fourth phases were above the approved threshold of the bank. The sum of N118,717,892.72 was recorded in the bill of number for each of the four stages of the contract arising from an irregular addition of a five percent withholding tax, the report states. Mr. Gimba Yau Kumo was first appointed in 2010 as the Federal Mortgage Bank managing director for five years. His appointment was renewed in January 2015 by President Goodluck Jonathan just before leaving office. He was, however, sacked in 2016, along with 25 other Chief Executive Officers by President Buhari. The ICPC had declared the trio of Mr. Tarry Rufus, Mr. Gimba Yau Kumo & Mr. Bola Ogunsola wanted on Friday via a statement on its website.