Ex-Niger Governor Arraigned for Money Laundering

2018 Cowbellpedia Qualifying Examination Results Released – Click Here to See List



NNPC National Science Quiz Competition 2018 Kicks Off (Download Past Questions)

Ex-governor of Niger State, Babangida Aliyu, was on Thursday docked before a Federal High Court in Minna on charge of money laundering. The former Governor was arraigned alongside a former Commissioner of Environment, Umar Nasko, on 8-count charge of criminal conspiracy and money laundering.

Get the latest BREAKING NEWS inside your e-mail address inbox; fill the form below and click the subscribe button

The offences are contrary to section 18(a) of the money laundering Act, 2011 as amended and punishable under section 15(3) of same Act. The two are accused of laundering ecological funds of over N1.940bn released by the Federal Government to the state in 2014.

The case was transferred from a Federal High Court in Abuja to the Minna Division at the instance of the defendants. When they charges were read to the defendants, they both pleaded not guilty. The EFCC prosecutor, Ben Ikani, thereafter prayed the court to remand the accused persons in prison and adjourn the matter for commencement of hearing.

Ikani urged the court to refuse the accused persons bail given the seriousness of their offence and the magnitude of the punishment. Counsel to the first and second defendants, Olajide Ayodele (SAN) and Mamman Osuman (SAN), however, prayed the court to use its discretion to admit their clients to bail.

They both argued that if granted bail the accused persons will provide reasonable sureties to stand for them. However, the presiding Judge, Yellim Bogoro, in a ruling admitted the defendants to bail in the sum of N250m each and two sureties, one of whom must be a civil servant not less than the level of a director.

Download e-books for education and research for FREE - Click Here

Bogoro also ordered them to surrender their international passports to the court registry. She gave them 48 hours to fulfill their bail conditions and adjourned the matter until January 22, 2018 for hearing.

Follow Us on FACEBOOK, TWITTER

Do You Know Nigeria? Attempt 10 simple questions on Nigeria for FREE and Win FREE N500 Airtime – Click Here to Participate!

For your news articles, press release, Breaking News, send e-mail to [email protected]