Highlight

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

108

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

Champions League: Real Madrid suffers shock 1-0 defeat to Lille

Reigning European champions, Real Madrid, suffered a stunning 1-0 defeat to Lille...

Lookman shines as Atalanta thrash Shakhtar Donetsk 3-0 in UCL clash

Nigeria’s Ademola Lookman stole the show as Atlanta defeated Shakhtar Donetsk 3-0...

FG’s fresh fiscal incentives to attract $10bln to oil and gas sector – Edun

The Federal Government unveiled fresh fiscal incentives to enhance Nigeria’s oil and...

In Ekiti, 71-year-old rapist bags life imprisonment for 10-year-old girl’s defilement

Guilt-racked 71-year-old man, Sule Adeola, is to spend the rest of his...

FG moves to empower MSMEs, combat poverty, food insecurity – Minister

The Federal Government, through the Ministry of Industry, Trade, and Investment, has...

Senate summons Works Minister over deplorable state of Oyo-Ogbomoso road

The Senate has summoned the Minister of Works, Sen. Dave Umahi, over...

NFF to screen match commissioners, targets competence, digital literacy

The Nigeria Football Federation (NFF) has announced that all match commissioners in...

Amid Israeli attacks: Leave Lebanon now, FG tells Nigerians

The Nigerians in Diaspora Commission (NiDCOM) has issued an urgent advisory, urging...

Abia Rep Nkwonta defects from PDP to APC

House of Representatives member Chris Nkwonta (Ukwa East/Ukwa West Federal Constituency in...

Just in: Tinubu departs Abuja for UK on 2-week annual leave

President Bola Tinubu will depart Abuja on Wednesday for a two-week vacation...

Reps reject CFR award for Speaker, demand equal recognition with Senate President

The House of Representatives rejected Speaker Tajudeen Abbas’ national honour, citing what...

Wizkid sparks controversy, calls Davido ‘wack’ in pre-album Twitter clash

With a few days to the release of his new album, Nigerian...

Oil prices surge by $1 amid Middle East tensions

Oil prices jumped by over a dollar in early trading on Wednesday,...

Arsenal shine in Champions League, defeating PSG 2-0

Arsenal secured a convincing 2-0 victory over Paris Saint-Germain in Matchweek 2...

Emirates lands in Lagos two years after suspending flights in Nigeria

Two years after the United Arab Emirates, UAE, flag carrier, Emirates, suspended...

UNGA 79: Creative Economy Ministry promotes investmemt drive,secures $200mn Afreximbank fund

The Federal Ministry of Arts,Culture and Creative Economy(FMACCE) had at the just...

64th independence anniversary: Nigerians’ opinions divided over celebration, set agenda for government

By Samuel Akpan & Daniel Okejeme Nigerians have expressed mixed reactions to...

Nigeria’s Kemi Nandap assumes ECOWAS immigration chairmanship

Mrs. Kemi Nandap, Comptroller-General of the Nigeria Immigration Service (NIS), has been...

#FearlessInOctober: Police teargas protesters in Abuja market

The police have broken up a protest by #FearlessInOctober demonstrators, who gathered...