EFCC re-arraigns ex-Adamawa gov, son over 'N40bn fraud'
The father and son allegedly diverted N40 billion from the Adamawa state treasury through five companies.
Murtala Nyako
Recommended articles
![Pelumi Nubi [BellaNaija]](data:image/svg+xml;charset=utf8,%3Csvg%20xmlns%3D'http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg'%20width%3D'100'%20height%3D'100'%20data-ring-placeholder%3D'1'%3E%3C%2Fsvg%3E "Pelumi Nubi [BellaNaija]")
Nyako and his son, Abdulaziz were on Monday, October 17, re-arraigned before the Federal High Court in Abuja over alleged N40 billion fraud.
The father and son are facing a 37-count money laundering charge alongside two others, Zulkifik Abba and Abubakar Aliyu.
According to the EFCC, the defendants diverted funds from the Adamawa State treasury between January 2011 and December 2014.
ADVERTISEMENT
The funds were allegedly diverted through five companies - Blue Opal Limited, Sebore Farms & Extension Limited, Pagoda Fortunes Limited, Tower Assets Management Limited and Crust Energy Limited.
The companies were also charged before the court as the 5th to 9th accused persons.
ALSO READ: EFCC releases ex-Governor’s son
Though the defendants were initially docked before the court on August 7, 2015, their fresh plea, however, followed the death of trial judge handling the matter, Justice Evoh Chukwu, in June.
The new trial judge, Justice Okon Abang, on Monday, allowed the defendants to go home on the same bail conditions given to them by late Justice Chukwu.
ADVERTISEMENT
Justice Abang has fixed November 17 and 21 to commence trial of the defendants afresh.
JOIN OUR PULSE COMMUNITY!
ADVERTISEMENT
Eyewitness? Submit your stories now via social or:
Email: eyewitness@pulse.ng
Recommended articles
Ogun Assembly moves to amend law to address logjam, improve services
Embattled Ganduje hit with fresh corruption charges by Kano's anti-graft
NCAA suspends licences of 3 private jet owners for violating its regulations
FG begins disbursement of ₦200bn palliative loans to verified applicants
Man electrocuted while vandalising transformer to get rich, leaves area in darkness
Tinubu set to make crucial declaration on state policing
Destiny favours Aiyedatiwa over other Ondo guber aspirants - APC chieftain
'Ganduje suspension'- Gov Yusuf under fire as Arewa raises alarm amid crisis
Reps committee give SEC 21 days to reconcile ₦45 billion unremitted funds
Pulse Sports
Lionel Messi's son breaks the internet after scoring five goals for Inter Miami
Naija Stars Abroad: Onyedika, Boniface, and Osimhen shine across Europe
Victor Osimhen and Tobi Amusan make list of Forbes’ 30 under 30 Class of 2024
Alex Iwobi makes Premier League history which Mikel, Yakubu, Kanu could not achieve
Like Michael Jordan - Details of Victor Osimhen’s ‘superhuman’ jump against Monza emerges
ADVERTISEMENT
