Governor loses $10 million stolen funds to mistress

A governor in one of Nigeria’s oil producing states is under probe after $10 million he diverted from the bailout funds allocated to his state.

The money was later hijacked by his America-based mistress.

The unidentified governor had agreed with his mistress to launder the money to a slush accounts the governor provided.

But instead, the lady sent the money into her own account in the United States.

The money in question has been traced, according to a report by The Nation newspaper.

According to the report, the governor resorted to using his US-based mistress to stash the funds abroad.

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The cash was allegedly wired in tranches in order to beat the nation’s Financial Intelligence Unit (FIU).

The diversion created an uproar that triggered the ongoing investigation of the deal between the love birds.

A source privy to the probe said: “A governor from an oil-producing state is in soup and under probe by some security agencies.

“He seems to have been duped by his mistress who stays in Texas in the United States.

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“The governor is worried after discovering that his girlfriend has defrauded him of $10 million.

“What started as a love affair and promises of good faith has turned sour.

“Yet the governor would not want his wife or the people of the state, who will be disappointed, to know about this ugly transaction.

“Investigation so far indicated that he allegedly diverted part of the bailout funds meant for his state to the mistress.

“Very soon, the details of the transaction will be revealed to Nigerians.

“This is why the government has decided to monitor how bailout funds and London-Paris loan refunds were spent.”

In 2016, the Presidency released the sum of N1. 266.44 trillion to 36 states within nine months.