Group demands probe into financial allegations linked to politically exposed persons

The Yoruba Youth Council (YYC) has called on Nigeria’s anti-corruption and security agencies to launch a comprehensive investigation into reports concerning the financial interests, business activities and alleged mining-related concerns involving some politically exposed persons, stressing that transparency and accountability are critical to sustaining public confidence in governance institutions.

In a statement signed by its President, Comrade Eric Oluwole, the group said its position followed reports and concerns raised by the Zamfara Concerned Youth Assembly for Peace Advocacy, adding that youth organisations have a responsibility to promote good governance and demand accountability from public institutions.
The council specifically referenced reports involving former Zamfara State governor and serving Senator, Abdul’Aziz Abubakar Yari, regarding alleged links to major investments and illegal mining activities.

YYC said the issues had attracted public attention and should be subjected to proper scrutiny by relevant authorities.

The group emphasised that successful investments and legitimate business ventures should be encouraged, but noted that questions surrounding the sources of wealth and financial dealings of public officials and politically exposed persons remain matters of public interest.

YYC urged agencies including the Economic and Financial Crimes Commission (EFCC), Department of State Services (DSS), Independent Corrupt Practices and Other Related Offences Commission (ICPC), Nigeria Financial Intelligence Unit (NFIU), Code of Conduct Bureau and other regulatory bodies to conduct a coordinated review of relevant financial records, asset declarations, corporate structures and business interests connected to the allegations.

According to the council, such investigations must be guided by evidence, due process and the rule of law, stressing that allegations should not be interpreted as proof of wrongdoing.

The organisation also raised concerns over recurring reports of illegal mining activities in parts of Zamfara State, saying a credible investigation would help establish the facts, address public concerns and strengthen confidence in Nigeria’s accountability institutions.

YYC further referenced reports relating to investments allegedly connected to Senator Yari in sectors including power and aviation, as well as claims involving financial transactions and mining activities.

It maintained that only competent authorities have the mandate to determine the veracity of such claims.

The council gave the relevant agencies a two-week timeframe to begin what it described as a credible and impartial investigation, warning that failure to act could prompt it to pursue lawful measures to compel the discharge of statutory responsibilities.

It added that it may also embark on civic engagement initiatives to draw attention to the issues while insisting that its demand was aimed at promoting transparency rather than prejudging any individual.

YYC said a thorough probe would either clear the names of those concerned or ensure that appropriate action is taken where violations of the law are established.