Home News Finance Court Grants Ex-Taraba Governor N150 Million Bail After Arrest Over N27 Billion Fraud
FinanceNews

Court Grants Ex-Taraba Governor N150 Million Bail After Arrest Over N27 Billion Fraud

426

Former Taraba State Governor, Darius Dickson Ishaku, has been granted bail of N150 million by a Federal Capital Territory (FCT) High Court in an alleged N27 billion embezzlement case. The court, presided over by Justice Sylvanus Oriji, also granted bail to Bello Yero, the former Permanent Secretary of the Bureau for Local Government and Chieftaincy Affairs.

The Economic and Financial Crimes Commission (EFCC) had arraigned Ishaku and Yero on September 30, 2024, on a 15-count charge, including conspiracy and criminal breach of trust. The charges involve the alleged diversion of over N1.1 billion from the contingency fund of the Bureau between 2015 and 2019. The arraignment came after Ishaku and Yero were arrested on Friday, September 27, 2024.

Both defendants pleaded not guilty to the charges. The EFCC’s lead prosecutor, Rotimi Jacobs, SAN, did not oppose the bail application, which was granted with conditions, including a surety and a travel restriction. The case has been adjourned to November for trial.

Read More:

About The Author

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

News

Niger Triples Oil Revenue in Four Years, After Cutting Ties with France

Niger has achieved a significant economic milestone as the Ministry of Petroleum...

News

Why Shipping Between African Countries Is More Expensive Than Trading With Europe or Asia

It costs more to ship a container from Nigeria to Ghana than...

NewsSports

Nigeria’s Super Falcons Win Record 10th WAFCON Title in Thrilling Comeback Over Morocco

Nigeria’s Super Falcons have become the first women’s national team in the...

Kenya Flag
NewsWorld

Kenyan Smallholder Farmers Await Landmark Court Ruling on Seed Sovereignty

As the High Court prepares to deliver a landmark ruling on November...