We’ll refund $760,910.8 out of $845,852.84 Bello paid us for kids’ tuition fee — American school tells EFCC

• The school, however, said it will make a refund of $760,910.80, as the EFCC intensify effort to prosecute Bello.

The American International School of Abuja (AISA) has disclosed that the embattled former governor of Kogi State, Yahaya Bello, paid the establishment $845,852.84 in advance as tuition fee of his children.

Bello, who has been in the news for financial-related crimes, was said to have paid the money from the Kogi State government’s accounts to AISA as tuition fees for five of his children.

Four of the children were at the time enrolled at the school from grade levels 2 to 8, while the fifth payment was for a “future student to be enrolled.”

The school, however, said it will make a refund of $760,910.80, as the EFCC intensify effort to prosecute Bello.

Bello currently being investigation by the Economic and Financial Crimes Commission (EFCC).

He 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 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.

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 school’s management asked the EFCC to provide official banking details to facilitate the refund payment related to the alleged money laundering activities by the former governor who was recently declared wanted by the EFCC.

The letter further read, “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.”