Federal Government Approves Travel Ban On Pinnick

Travel ban on Pinnick approved by FG

*Over N59bn FIFA, CAF monies paid to NFF

*Monies unaccounted for

*FG may start prosecution any moment

By Olajide Fashikun

 Authoritative sources have disclosed that President Muhammadu Buhari may have been fully briefed about the monumental financial scandal involving the monies paid by FIFA and the Confederation of African Football (CAF) to the Nigeria Football Federation (NFF).

According to our sources, “when these figures were brought to the notice of the President in a report, he was terribly alarmed. From January 2014 to June 2016, the NFF got over $16m which they could not account for. He (President Buhari) was told that three NFF staffers were being prosecuted by the EFCC.”

www.gongnews.net investigations showed that the NFF domiciliary accounts with Zenith Bank and UBA (account numbers withheld) received a total inflow of (USD16,417,761.00) sixteen million, four hundred and seventeen thousand and sixty-one Dollars from both FIFA and CAF between January 2014 and June 2016.

The breakdown of our investigation are as follows:

The $16,417,761.00 translates to N59,103,393,960.00 at the exchange rate of N360 to the Dollar.

“The Federal Government has already approved a travel ban on the NFF President, Amaju Pinnick pending when he would, with some board members, be prosecuted in court any moment from now,” said our source.

Five members of the NFF Board have been scheduled to be prosecuted in court most likely next week. They would be prosecuted as having participated in the improper documentation of the funds which flowed into the Glass House during the said period.

However, our source also revealed that President Buhari has demanded for the volume of monies from FIFA and CAF from June 2016 to December 2018. Two agencies were given the assignment to compile and submit the report to his table within two weeks.