Connect with us

News

Appeal court upholds conviction of Maina’s son, reduces 14 years jail term to 7

Published

on

The court of appeal sitting in Abuja has upheld the conviction of Faisal, son of Abdulrasheed Maina, former chairman of the defunct Pension Reform Taskforce Team (PRTT), over money laundering.

A three-member panel led by Ugochukwu Anthony Ogakwu, the lead judge, gave the ruling on Thursday.

In the ruling, Ogakwu held that the federal high court was right to have convicted Faisal over the charges levelled against him.

The three-member panel reduced the jail term from 14 years to seven, saying the trial court should not have handed a maximum term on the ground that Faisal is a first-time offender.

In October 2021, Faisal was convicted by the federal high court in Abuja over money laundering and sentenced to 14 years imprisonment

The Economic and Financial Crimes Commission (EFCC) had arraigned him on a three-count charge bordering on money laundering.

Okong Abang, the trial judge, held that the anti-graft agency was able to establish that Faisal operated a fictitious bank account with the United Bank for Africa (UBA), through which his father, Maina, laundered the sum of N58.1million.

The court noted that the said fund which was initially deposited into the UBA account, operated in the name of “Alhaji Faisal Farm 2”, was subsequently withdrawn by Faisal and his father, between October 2013 and June 2019.

Maina is currently serving an eight-year jail term at the Kuje prison in Abuja over the laundering of N2 billion pension funds.

News

Yahaya Bello pleads not guilty to N110bn fraud charges

Published

on

By

The immediate past Governor of Kogi State, Alhaji Yahaya Bello, on Wednesday, pleaded not guilty to a 16-count charge the Economic and Financial Crimes Commission, EFCC, preferred against him.

Bello was docked before trial Justice Maryann Anenih of a High Court of the Federal Capital Territory sitting at Maitama, alongside two other defendants, Umar Oricha and Abdulsalami Hudu.

The defendants were accused of complicity in a N110billion fraud.

It will be recalled that the erstwhile governor’s whereabouts remained unknown till yesterday when he surrendered himself after a protracted hide-and-seek game between him and the anti-graft agency.

Dressed in white caftan and blue cap, Bello, mounted the dock around 9:45am.

The charge against the defendants, marked: CR/7781, borders on conspiracy, criminal breach of trust and possession of unlawfully obtained property.

Specifically, the EFCC alleged that the former governor misused state funds to acquire properties, including No. 35 Danube Street, Maitama District, Abuja (N950 million), No. 1160 Cadastral Zone C03, Gwarimpa II District, Abuja (N100 million), and No. 2 Justice Chukwudifu Oputa Street, Asokoro, Abuja (N920 million).

Other properties the defendants allegedly acquired with funds stolen from the Kogi state treasury, included Block D Manzini Street, Wuse Zone 4, Abuja (N170 million), Hotel Apartment Community: Burj Khalifa, Dubai (Five Million, Six Hundred and Ninety-Eight Thousand, Eight Hundred and Eighty-Eight Dirhams), Block 18, Gwelo Street, Wuse Zone 4, Abuja (N60 million), and No. 9 Benghazi Street, Wuse Zone 4, Abuja (N310.4 million).

More so, the defendants were accused of transferring $570,330 and $556,265 to TD Bank, USA, and possessing unlawfully obtained property, including N677.8 million from Bespoque Business Solution Limited.

Continue Reading

News

EFCC arraigns Yahaya Bello over alleged N110.4bn fraud

Published

on

By

The Economic and Financial Crimes Commission, EFCC, has produced the immediate past Governor of Kogi State, Alhaji Yahaya Bello, before a High Court of the Federal Capital Territory sitting at Maitama for arraignment.

Bello is billed to enter his plea to a 16-count charge ordering on his alleged complicity in a N110billion fraud.

The erstwhile governor’s whereabouts remained unknown till yesterday when he surrendered himself after a protracted hide-and-seek game between him and the anti-graft agency.

Dressed in white caftan and blue cap, was marshalled into the court premises by armed operatives of the EFCC before 9am, for his arraignment.

He will be docked before trial Justice Maryann Anenih, alongside his two co-defendants, Umar Oricha and Abdulsalami Hudu.

The charge against the defendants, marked: CR/7781, borders on conspiracy, criminal breach of trust and possession of unlawfully obtained property.

Specifically, the EFCC alleged that the former governor misused state funds to acquire properties, including No. 35 Danube Street, Maitama District, Abuja (N950 million), No. 1160 Cadastral Zone C03, Gwarimpa II District, Abuja (N100 million), and No. 2 Justice Chukwudifu Oputa Street, Asokoro, Abuja (N920 million).

Other properties the defendants allegedly acquired with funds stolen from the Kogi state treasury, included Block D Manzini Street, Wuse Zone 4, Abuja (N170 million), Hotel Apartment Community: Burj Khalifa, Dubai (Five Million, Six Hundred and Ninety-Eight Thousand, Eight Hundred and Eighty-Eight Dirhams), Block 18, Gwelo Street, Wuse Zone 4, Abuja (N60 million), and No. 9 Benghazi Street, Wuse Zone 4, Abuja (N310.4 million).

More so, the defendants were accused of transferring $570,330 and $556,265 to TD Bank, USA, and possessing unlawfully obtained property, including N677.8 million from Bespoque Business Solution Limited.

Continue Reading

News

Court dismisses suit seeking to stop EFCC from probing Sanwo-Olu after his tenure

Published

on

By

The federal high court in Abuja has struck out the suit seeking to restrain the Economic and Financial Crimes Commission (EFCC) from arresting Babajide Sanwo-Olu, governor of Lagos, at the end of his tenure.

NAN reports that Joyce Abdulmalik, the presiding judge, dismissed the suit after Gbenga Femi Akande, the counsel who appeared for Sanwo-Olu, moved the motion to discontinue the case.

The court struck out the case on October 31.

In October, a lawsuit instituted on behalf of Sanwo-Olu against the EFCC over an alleged plan to arrest and prosecute him after his tenure was heard in court.

Darlington Ozurumba, a lawyer, filed the suit on behalf of the Lagos governor, who will complete his eight-year tenure on May 29, 2027.

In the suit, the lawyer argued that the alleged plan to arrest Sanwo-Olu is “unconstitutional and a flagrant violation of his fundamental right to personal liberty and freedom of movement as stipulated under sections 35(1) & (4) and 41(1) of the constitution”.

The suit sought an order to restrain the EFCC from harassing, intimidating, arresting, detaining, interrogating, or prosecuting Sanwo-Olu in connection with his tenure as the governor of Lagos state.

Reacting to the suit, the Lagos government had said Sanwo-Olu did not instruct anyone to file a case against the EFCC.

Lawal Pedro, the Lagos attorney-general, said the state will investigate “how the case came to be without the knowledge” of the governor.

Pedro said neither the governor nor his aides are under investigation by the EFCC, adding that there is no threat of arrest by the anti-graft agency.

In a counter affidavit, Ufuoma Ezire, a superintendent and litigation secretary in the legal and prosecution department of the antigraft agency, said the EFCC is not investigating the governor and has never threatened to arrest him or his staff.

The anti-graft agency described the legal action as speculative and a “mere conjecture”.

On Tuesday, Hadiza Afegbua, counsel of the EFCC, appeared in court for the case.

However, NAN reports that the lawyer was disappointed that the case was not among the 10 listed for hearing at the court.

The counsel was reported to have expressed surprise when she learnt that the suit had been struck out on October 31.

However, the enrolled order dated October 31 shows that only Akande, the counsel who represented Sanwo-Olu, attended the proceedings leading to the dismissal of the suit.

Continue Reading

Most Read...