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

736

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Your email address will not be published.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

HealthNewsWorld

Zimbabwe Rejects $350m US Health Deal Over Sovereignty Dispute

Zimbabwe has formally withdrawn from negotiations on a proposed $350 million health...

NewsPoliticsWorld

Niger’s President Outlines Vision for Strategic Partnership with China

Niger’s Head of State, General Abdourahmane Tiani, has articulated a renewed vision...

BusinessNewsWorld

Fire Destroys 140 Tonnes of Cotton in Western Burkina Faso

A major fire has destroyed more than 140 tonnes of cotton in...

NewsWorld

Mali’s New Ambassador to Angola Presents Credentials, Pledges Stronger Bilateral Ties

Diplomatic relations between Mali and Angola entered a new phase on February...