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

638

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Your email address will not be published.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

NewsSecurityTravel

Yuletide Airfare Surge: Domestic Flights in Nigeria Break N300,000 Amid Security and Economic Pressures

As Nigerians prepare for the holiday season, airfares on key domestic routes...

NewsWorld

Niger Welcomes UN Security Council Resolution Supporting Morocco’s Plan for Western Sahara

Niger has formally welcomed the adoption of a new United Nations Security...

NewsWorld

Sahel Alliance to Hold Second Leaders’ Summit in Mali on 22–23 December

The Alliance of Sahel States is set to hold its second summit...

NewsTravelWorld

Lagos Airport in Shambles Despite Billions Spent on Renovations — Broken AC, Filthy Washrooms Remain While Kotoka Stands 10 Years Ahead

Despite the government spending ₦712 billion on renovations at Murtala Muhammed International...