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Breaking:Alleged N109bn Fraud, Court Revokes Ex-AGF Bail

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Justice Yusuf Halilu of an FCT, Maitama, Abuja, on Tuesday revoked the bail earlier granted a former Accountant-General of the Federation, Ahmed Idris and one of the defendants in the trial of over an alleged fraudulent diversion of public fund to the tune of N109.5 Billion

The defendant, Geoffrey Olusegun Akindele’s bail was revoked by the judge following his non-appearance in court for continuation of trial.

Mr Akindele, who is the second defendant in the case marked, CR/199/2022, and Idris are standing trial alongside Mohammed Kudu Usman and Gezawa Commodity Market and Exchange Limited.

The Economic and financial crimes commission, EFCC, dragged them to court on a 14-count charge bordering on stealing, fraudulent diversion of public fund to the tune of N109.5 billion.

Idris, among others, was alleged to have between February and December 2021, while being a public servant by virtue of his position as Accountant-General of the Federation accepted from Olusegun Akindele, the second defendant, a gratification of the aggregate sum of N15, 136, 221, 921.46, which was converted to dollars equivalent by Akindele.

The money, according to the prosecution, did not form part of Idris’s remuneration but a motive for accelerating the payment of 13% derivation to nine oil producing states in the federation through the Office of the Accountant-General of the Federation.

EFCC alleged they thereby committed an offence contrary to Section 155 of the Penal Code Act Cap 533 Laws of the Federation of Nigeria 1990 and punishable under the same section.

Messrs Idris and Akindele, who was Technical Assistant to the Accountant-General of the Federation, were accused of committing criminal breach of trust while being entrusted with certain property, to wit N84,390,000,000 between Feb. and Nov. 2021 by dishonestly receiving the said amount from the Federal Government through Godfrey Olusegun Akindele, trading under the name and style of Olusegun Akindele & Co.

By this, according to EFCC, the first and second defendants were alleged to have committed an offence punishable under Section 315 of the Penal Code Act Cap 532 Laws of the Federation of Nigeria.

The defendants, however, pleaded not guilty to the charges preferred against them by the anti-corruption commission.

At the resumed hearing of the matter on Tuesday, Mr Akindele was absent in court as of the time the case was called, though Idris and Usman were in court.

Despite pleas by counsel for Mr Akindele, S.E. Adino that his client was on the way to court, submitting that he (Akindele) has always been in court to face trial, Justice Halilu insisted on revoking the second defendant’s bail.

The judge held that after listening to what Adino said, when a court grants a defendant bail, such person must reciprocate the gesture by attending court for trial.

He added that, Mr Akindele had clearly not shown good character and conduct by his refusal to attend court.

”The second defendant had abuse the terms of his bail.”

Mr Halilu subsequently revoked his bail and ordered the FCT Commissioner of Police and the EFCC to arrest Mr Akindele and produce him in court in the next adjourned date.

He then adjourned the case until February 1, 2024 for definite hearing.

Earlier, the prosecuting counsel, Oluwaleke Atolagbe, had informed the court that the prosecution received a letter from counsel for Idris and did not receive any from the counsel for Gezawa Commodity Market and Exchange Limited.

Mr Atolagbe said despite the fact that there were competent lawyers in the office of Idris’ lawyer, none of them announced appearance for the former Accountant-General of the Federation.

He added that he saw two lawyers from the office yesterday morning in court, saying that, “This is not fair on the prosecution. It is definitely a ploy to delay trial.”

NAN

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Stampede at Catholic Church in Maitama Claims Ten Lives During Food Distribution

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Ten people have been confirmed dead in a stampede at the Holy Trinity Catholic Church, Maitama, on Saturday, 21st December 2024, during the distribution of food items to vulnerable and elderly individuals.

The unfortunate incident, which occurred around 6:30 am, resulted in the loss of ten lives, including four children, and left eight others injured with varying degrees of severity. Four of the injured have been treated and discharged, while the remaining victims are still receiving medical attention.

The FCT Police Command, in a statement issued by its spokesperson, SP Josephine Adeh, confirmed the tragedy, extended condolences to the families of the deceased, and wished the injured a swift recovery.

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Port-Harcourt Refinery Fully Operational- Says NNPC

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The attention of the Nigerian National Petroleum Company Limited (NNPC Ltd) has been drawn to reports in a section of the media alleging that the Old Port Harcourt Refinery which was re-streamed two months ago has been shut down.

We wish to clarify that such reports are totally false as the refinery is fully operational as verified a few days ago by former Group Managing Directors of NNPC.

Preparation for the day’s loading operation is currently ongoing.

Members of the public are advised to discountenance such reports as they are the figments of the imagination of those who want to create artificial scarcity and rip-off Nigerians.

 

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Port Harcourt Refinery Halts Production Less Than a Month After Resumption

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Less than a month after the porthacourt  appeared to have resumed production, the facility has stopped working.

It was gathered that the lifting of petrol actually stopped last Friday, December 13, as the 18-arm loading bay of the new Port Harcourt refinery was empty.

While about 18 trucks littered the stretch of the busy road leading to the refinery itself, nine trucks were spotted inside the parking yard, while the loading bay was empty.

Journalists who visited the refinery on Thursday, December 19, 2024, observed that the lifting of Premium Motor Spirit (petrol) had stopped completely.

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The depot, which is usually a beehive of activities where tankers scramble for space at the parking yard, was a shadow of itself with literally no vehicular or human activity relating to operations.

This was after $1.5bn was approved in March 2021 and spent on the rehabilitation of the facility.

The inauguration of the 60,000 barrel per day production capacity plant by the Chief Executive Officer of the Nigerian National Petroleum Company Limited, Mele Kyari, on Tuesday, November 26, 2024, was met with celebration and fanfare.

During the re-opening of the facility, there was lifting of petrol to the excitement of the cheering crowd.

However, less than 10 trucks of petrol were lifted that day as against widespread claims that about 200 trucks carried petrol out of the bay.

 

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