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

692

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Your email address will not be published.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

NewsPolitics

Kano Governor’s N100m, 1,540 Land Gift to APC Supporters Is Just the Latest Rot in Nigeria’s Politics

Kano State Governor Abba Kabir Yusuf has distributed 1,540 plots of land...

NewsPolitics

Court Orders Sanwo-Olu Lover Aisha Achimugu to Forfeit N4.6bn Jewellery, 11 Exotic Cars, $50,000 to FG

A Federal Capital Territory High Court sitting in Apo, Abuja, has ordered...

FinanceNewsWorld

Ghana’s Revised Mining Law Promises Reform, But Questions Linger Over Enforcement

Ghana’s cabinet has approved amendments to its mining law for submission to...

NewsPolitics

Sierra Leone Drops Treason Charges Against Former President Ernest Bai Koroma

Sierra Leone’s government has dropped treason charges against former President Ernest Bai...