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The American International School of Abuja (AISA) has agreed to refund $760,910.80 paid to the school by the wanted former governor of Kogi State, Mr Yahaya Bello.
AISA also agreed, to provide “authentic banking details” for the refund of fees paid for the children of the Yahaya Bello.
Recall that Bello allegedly paid $720,000 in advance as fees for five of his children from the coffers of the Kogi State Government.
The children are in grade levels 2 to 8 at the school.
Bello, who is under investigation by the Economic and Financial Crimes Commission (EFCC), is facing a 19-count charge of alleged money laundering to the tune of N84bn once arrested.
In a letter to the EFCC’s Lagos Zonal Commander, AISA reportedly admitted receiving the $845,852.84 payment from the Bello family starting on September 7, 2021.
After deducting fees for “educational services rendered,” the school calculated that $760,910.80 should be refunded to EFCC.
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The letter stated, “We have calculated the net amount to be transferred and refunded to the state, after deducting the educational services rendered as $760,910.84 (Seven Hundred and Sixty Thousand, Nine Hundred and Ten U.S Dollars and Eighty-Four Cents).”
The institution’s management asked the anti-graft agency to provide official banking details to facilitate the refund payment related to the alleged money laundering activities by Yahaya Bello.
The letter further reads, “We have calculated the net amount to be transferred and refunded to the state, after deducting the educational services rendered as $760,910.84 (Seven Hundred and Sixty Thousand, Nine Hundred and Ten U.S Dollars and Eighty-Four Cents)
“No further additional fees are expected in respect of tuition as the students’ fees have now been settled until they graduate from ASIA.”
