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

755

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Your email address will not be published.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

BusinessFinanceWorld

Ghana Sells 3.6 Million Tonnes of Lithium Owned by Australian Company to America

A lithium mining deal in Ghana has come under intense scrutiny after...

NewsPolitics

Sheikh Arrested Hours After Hosting Peter Obi, Calls It Harassment of Political Opponents

Former governor of Anambra State, Peter Obi, has raised alarm over the...

NewsPoliticsWorld

Tinubu’s Government Accused of Selling Out as EU Partnership Includes Rehabilitating Former Terrorists

A new partnership agreement between the European Union and the Nigerian government...

NewsPoliticsWorld

Tinubu Hands Another $700 Million to Convicted Money Launderer Chagoury While His Son Sits on the Board

Since President Bola Tinubu took office, one man has quietly collected more...