Skip to main content

Former Minister of Water Resources, Mukhtar Shehu Shagari and 4 Other Docked for N500m fraud

                             Former Minister of Water Resources, Mukhtar Shehu Shagari?and 4 Other Docked for N500m fraud
EFCC today May 22, arraigned a former Minister of Water Resources Mukhtar Shehu Shagari alongside four others before Justice Idrissa Kolo of the Federal High Court Sokoto on a five count charge of Conspiracy and Money Laundering to the tune of N500,000,000.

Charged along with the former minister are Senator Abdullahi Mohammmed Wali, Ibrahim Gidado,  Nasiru Dalhatu Bafarawa and Ibrahim Milgoma.

Trouble started for the defendants after the Commission received intelligence that the accused person received various sums from the $115m allegedly disbursed by a former Minister of Petroleum Resources, Deizani Allison Madueke to senior members of the Peoples Democratic Party and officials of the Independent National Electoral Commission, INEC, to influence the outcome of the 2015 presidential elecvtion.

The defendants allegedly benefitted the sum of N500,000,000 (Five Hundred Million Naira Only) which was not distributed through any financial institution in flagrant violation of provisions of the Money Laundering Prohibition Act.

One of the charge read that "You Mukhtar Shehu Shagari, Ibrahim Gidado and Ibrahim Milgoma sometime in March 2015, within the justification of this honourable court did conspire among yourselves to receive cash payment of the sum of N500,000,000 (Five Hundred Million Naira Only) from one Abdulrahaman Ibrahim without transacting through a financial institution and thereby committed an offence contrary to section 18(a) of the Money Laundering Prohibition Act, 2011 as amended and punishable under section 16(2) of the same Act”.

All the defendants pleaded not guilty to the charge when it was read to them. Prosecution counsel Johnson Ojogbane requested a date for trial in view of the plea of the defendants and also asked that the defendants be remanded in prison custody.

Comments

Post a Comment

Popular posts from this blog

John Boyega ends ambassadorial deal with Jo Malone after being cut out of an advert for the Chinese market

  Nigerian-born British actor, John Boyega has ended his ambassadorial deal with London cosmetics brand, Jo Malone, after being cut out of an advert he conceived, directed and starred in for the Chinese market.    Boyega was replaced by Liu Haoran after the commercial was recast and reshot for the Chinese market. The original advert, London Gent, which was released last year featured Boyega walking around Peckham, south London, riding a horse, dancing with friends and hanging out with his family. The original cast was multicultural, while the Chinese remake featured no black cast members.   Reacting to the development which many have described as systemic racism, John Boyega disclosed that it was done without his consent. He added that it will be dealt with swiftly as he "doesn't have time for nonsense."   The actor tweeted;    I have decided to step down as Jo Malone's global ambassador. When I joined the brand as their f...
Post a Comment
Read more

Fire extinguishers

We supply and maintain Fire extinguishers and other Safety and Security products, call 08036290791
Post a Comment
Read more

How missing Lagos teenage girl was hidden by neighbour for sex then he joined her parents to search for her

A 14-year-old girl was declared missing by her parents in Lagos, not knowing that she was in a 43-year-old neighbour's room and they were having sex for two days. The incident happened at Suberu Oje Avenue by Casso bus stop in Alagbado, Lagos where they resided. The neighbour, Mr. Olaniyi Lawal, kept her locked inside with him and they had sex during that period.                          Meanwhile, at home, the girl's parents were filled with terror and assumed their daughter had been kidnapped, so they reported to the police. The neighbours, including Mr Lawal, and the police formed search parties to look for the missing girl. Mr Lawal later released the girl to return home after two days and when she got home and was queried by her parents, she told them she was with Mr Lawal and also confessed that they had sex. P.M. Express reports that the girl also confessed to being comfortable at his h...
Post a Comment
Read more