Home News Finance EFCC Re-arraigns Ex-Kwara Governor and His Finance Commissioner Over N5.78bn Fraud
FinanceNews

EFCC Re-arraigns Ex-Kwara Governor and His Finance Commissioner Over N5.78bn Fraud

554

The Economic and Financial Crimes Commission (EFCC) re-arraigned former Kwara State Governor Abdulfatah Ahmed and his ex-Commissioner of Finance, Ademola Banu, on Monday. The two face a 14-count charge for allegedly diverting N5.78 billion in public funds.

Their fresh arraignment followed the transfer of the trial judge, Justice Evelyn Anyadike, from the Federal High Court in Ilorin. The case was moved to the Kwara State High Court, presided by Justice Mahmud Abdulgafar.

Ahmed allegedly spent N1,610,730,500.00, allocated for state security and administration, on chartering private jets through Travel Messengers Limited. This act violates Section 22(5) of the Corrupt Practices and Other Related Offences Act, 2000, and is punishable under the same section. Both men face charges of misappropriating funds meant for public projects and state security. This reportedly includes diverting money for teachers’ salaries under the Kwara State Universal Basic Education Board (SUBEB). Ahmed also faces a separate charge for failing to declare his assets to the EFCC. Both defendants pleaded not guilty.

Justice Abdulgafar granted them bail at N100 million each, with two sureties, one of whom must be a permanent secretary. The case was adjourned to December 4 and 5 for further hearing.

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Your email address will not be published.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

Mali Distributes Over CFA 18 Billion Mining Fund to Local Communities

The transitional president of Mali, Assimi Goïta, has handed over more than...

NewsSecurityTravel

Bandits at the Akure Airport Confirm What Nigerians Already Know About Tinubu’s Government and Its Failures

Terrorism has so deeply infected Nigeria that nowhere is safe anymore. Not...

NewsSports

FIFA Sanctions Nigeria and DR Congo Over World Cup Qualifiers

FIFA has imposed sanctions on both Nigeria national football team and DR...

NewsSecurityWorld

Nigerians Injured as Iran Launches New Missile and Drone Attacks on UAE

A fresh wave of missile and drone attacks launched by Iran against...