Highlight

Alleged N27bln fraud: Ex-Taraba Gov. Ishaku granted N150m bail

403

Justice Sylvanus Oriji of the Federal High Court, Abuja, has granted former Governor of Taraba State, Darius Ishaku, N150 million bail.

He is also granted two sureties in like sum, who must be residents of the FCT with their house addresses verified by the court’s registrar.

One of them must be a federal civil service director.

Also granted bail in the same amount is the former Permanent Secretary at the Bureau for Local Government and Chieftaincy Affairs in Taraba State, Bello Yero.

Justice Oriji barred the former governor and his co-defendant, Yero, from traveling out of the country without the court’s permission.

The duo is currently standing trial for their alleged involvement in a massive N27 billion fraud case.

The Economic and Financial Crimes Commission (EFCC) has filed a 15-count charge against them, accusing them of criminal breach of trust, conspiracy, and illegal conversion of public funds.

Persecondnews recalls that at their arraignment on Monday, both men pleaded not guilty to the charges against them and requested bail pending a hearing and determination of the case.

Their lawyers, Mr. Paul Ogbole (SAN) and Mr. Oluwa Kayode, made oral applications for bail, but Mr. Rotimi Jacobs (SAN), the EFCC’s lead counsel, opposed the request, insisting on formal applications to allow for proper response.

During Thursday’s proceedings, Justice Oriji granted bail after the prosecution did not oppose the request.

The trial has been adjourned to November 4.

The EFCC arrested Ishaku and Yero on September 27 in connection with the alleged diversion of N1.138 billion from the 2.5% contingency fund belonging to the Bureau for Local Government and Chieftaincy Affairs in Taraba State, according to Persecondnews.

The charges against them include: “That you, Darius Dickson Ishaku, while being Governor of Taraba State, and you, Bello Yero, while being Permanent Secretary, Bureau for Local Government and Chieftaincy Affairs, Taraba State, between July 2015 and May 2019, within the jurisdiction of this Honourable Court, dishonestly diverted an aggregate sum of N1,138,082,097.71, which formed part of the contingency fund of the Bureau for Local Government and Chieftaincy Affairs, Taraba State, to your personal use, thereby committing an offence contrary to Section 315 of the Penal Code Act and punishable under the same Section.”

The EFCC has requested an accelerated hearing of the case.

Leave a comment

Related Articles

First Lady Oluremi Tinubu storms Minna, holds closed-door meeting with Babangida, Abdulsalami

In a surprise move, First Lady Oluremi Tinubu on Tuesday flew into...

Just in: Court acquits Fani-Kayode of forgery charges

Justice Olubunmi Abike-Fadipe of the Special Offences Court sitting in Ikeja, Lagos...

Just in: Edo gov. poll tribunal: SDP withdraws case against Okpebholo’s election

The Edo State Governorship Election Petition Tribunal sitting in Abuja on Tuesday,...

Suspended Ogun Monarch Arraigned for Assaulting Septuagenarian

The suspended monarch in Ogun State, the Olorile of Orile Ifo, Oba...

FEC approves $45.3m feasibility study for new transportation route alignment for ports

The Federal Executive Council (FEC) has approved $45,303,000 for an in-depth feasibility...

Agge Deep Seaport Project: Bayelsa Set to Become Major Transport Hub, says Oyetola

A high-powered team from the Federal Ministry of Marine and Blue Economy...

Naira Strengthens to 8-Month High, Gains N20.67 Against Dollar

The Nigerian naira continued its stability on Monday, fueled by reduced demand...

CBN Extends Deadline for BDCs to Access Forex Market Until May 30

The Central Bank of Nigeria (CBN) has granted eligible Bureau de Change...

NLC suspends industrial action over telecom tariff hike, strikes deal with FG

The Nigeria Labour Congress (NLC) has suspended its planned nationwide protest against...

FEC Approves N885bln for 10 Road Projects Across States

The Federal Executive Council (FEC) has approved N885 billion for 10 road...

Murder of entire family: Three men to face gallows for brutal killing, arson

After two years of trial, justice was served on Monday as an...

Ogun govt. suspends monarch and ex-police officer for assaulting septuagenarian in viral video

The Ogun State Government on Monday slammed a six-month suspension on Olorile...

Minister Orders Shutdown of Quack Hospital in FCT, Operator Arrested for Practicing Without License

The Minister of the Federal Capital Territory, Mr. Nyesom Wike, has taken...

NUPRC Tightens Grip on Oil Firms, Says No Export Permits for Crude Meant for Local Refining

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has issued a stern warning...

NCAA Takes On Kenya Airways Over Alleged Passenger Mistreatment

The Nigeria Civil Aviation Authority (NCAA) and Kenya Airways are embroiled in...

Tinubu Chairs First FEC Meeting in 2025, Swears in New Permanent Secretaries, RMAFC Commissioners

President Bola Tinubu presided over the Federal Executive Council (FEC) meeting at...

Tinubu Swears in 8 New Permanent Secretaries, 18 RMAFC Federal Commissioners

President Bola Tinubu has sworn in eight new Federal Permanent Secretaries, marking...

New York United Airlines Plane Catches Fire on Runway, Passengers Terrified, Evacuated

Few days after a plane and copter collided in the air in...

Edo gov. poll tribunal: PDP, Ighodalo close case with 19 witnesses

The People’s Democratic Party (PDP) and its candidate, Dr. Asue Ighodalo, closed...