EFCC arraigns NGO founder over N950m fraud

EFCC arraigns NGO founder over N950m fraud

The Financial and Monetary Crimes Fee (EFCC), on Wednesday, February 24, arraigned one Usman Abubakar alongside his basis, Younger Alhaji Basis, earlier than a particular offences courtroom sitting in Ikeja, Lagos state, over N950 million fraud.

Abubakar, who was introduced earlier than Justice Mojisola Dada, is dealing with 5 counts bordering on conspiracy, stealing and try and steal and procure by false pretence most popular towards him by the EFCC.

The EFCC’s prosecuting counsel, Bilikisu Buhari, advised the courtroom that the defendant and one Abu Fawzi, who continues to be at giant, conspired to commit the alleged fraud.

Bilikisu stated that the incident occurred someday between September 19 and 20, 2022.

The prosecutor famous that the defendant allegedly conspired to steal the sum of N950 million from Ano Farms Restricted, beneath the false pretence that he had the greenback equal of the stated sum for change.

The anti-graft company additionally alleged that Abubakar and Younger Alhaji Basis on September 20, 2022, tried to divert the sum of N180 million, property of Ano Farms Restricted, to using one Abdullahi Mohammed.

In line with the prosecutor, the offences dedicated contravened Part 8(a) 1(1) of the advance charge fraud and different fraud associated offences act 2006, 411, 280, 287 (9)(c) 406(2), 280(1)(b) and 287 (9)(c) of the prison regulation of Lagos state, 2011.

Nonetheless, the defendant pleaded not responsible to the costs most popular towards him.

Following the defendant’s plea, the prosecuting counsel, requested the courtroom for a trial date to allow the prosecution to name its witnesses and tender related paperwork to show the case towards the defendants.

Counsel for the defendant, Olatubosun Olanipekun (SAN), nevertheless, knowledgeable the courtroom that the defence “solely acquired to know of the date for arraignment on Tuesday, February 21.”

He, nevertheless, pleaded with the courtroom to remand the defendant on the EFCC custody pending the listening to of the defendant’s bail software.

An try and make an oral software for bail was dismissed by the courtroom because the trial choose held that, “this courtroom is a courtroom of information.”

The bail software was thereafter served on the prosecution in open courtroom.

Consequently, Justice Dada adjourned the case until March 1, for a listening to of the bail software.

He additionally ordered that the defendant be remanded in EFCC custody pending the listening to of his bail software.

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