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

1.1k

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Your email address will not be published.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

NewsWorld

Algeria Severs Diplomatic Ties With UAE, Closes Airspace to Emirati Aircraft

Algeria announced on Thursday that it was cutting diplomatic ties with the...

NewsPolitics

Gambia Bans Protests Without Permits After Blackout Unrest Erupts Ahead of December Election

Gambia’s police chief has banned all public protests without official permits after...

News

Sanwo-Olu Blames Cranes and ‘Iconic Cane’ as Ojota-Opebi Bridge Misses Another Deadline

Lagos State Governor Babajide Sanwo-Olu has offered yet another explanation for why...

NewsPoliticsWorld

Gambia Protests Turn Chaotic as Power Outages Worsen Ahead of December Elections

Thousands of Gambians took to the streets overnight in Banjul and surrounding...