President Muhammadu Buhari’s newly wed son in law Mallam Gimba Yao Kumo is currently under investigation by the Economic and financial crimes commission (EFFCC) over N3b alleged fraud he committed as MD of Federal Mortgage Bank (FMBN).
The former FMBN MD got married to president Buhari’s second daughter, Hajiya Fatima at her father’s home in Daura, Katsina state at the Maiaduwa resident of the president, GRA by 2pm on Friday, October 28 2016.
Fatima became the 4th wife to her 57-year-old husband. As Under the Islamic tradition a man is allowed to marry up to four wives.
Gimba Ya’u Kumo was appointed Managing Director and Chief Executive Officer of the Federal Mortgage Bank of Nigeria on the 4th December, 2010. His tenure ended in August 2014.
The management he headed approved various sums of monies for themselves as ‘severance allowance.’
Kumo is reputed to have worked with the First Bank, also was with the Federal Mortgage Bank for nine years. He is an expert of housing finance, loan origination, mortgage work-out, and loan foreclosure.
Fatima is one of the president’s children from his first wife, late Safinatu who the President married in 1971.
Source: Saharareporters
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