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BREAKING: Bauchi Commissioner Finally Sent To Kuje Prison By Federal High Court Sitting Over Alleged Money Laundering

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The Federal High Court sitting in Abuja, on Tuesday, ordered the remand of the Bauchi State Commissioner for Finance, Yakubu Adamu, pending the ruling on his bail application.....TAP TO CONTINUE READING

Naija News reports that Justice Emeka Nwite made the order shortly after Adamu and a firm, Ayab Agro Products and Freight Company Ltd, were arraigned on a six-count charge bordering on alleged money laundering involving the sum of ₦4.6 billion.

The Economic and Financial Crimes Commission (EFCC) had, in the charge marked FHC/ABJ/CR/694/2025, listed Adamu as the 1st defendant and Ayab Agro Products and Freight Company Ltd as the 2nd defendant.

The charge, dated December 19, 2025, was filed by the EFCC’s counsel, Samuel Chime, of the commission’s Legal and Prosecution Department.

When the matter was called, Chime informed the court that the case was slated for arraignment and that the prosecution was ready to proceed. The defence counsel did not oppose the application.

After the charges were read, Adamu and the company pleaded not guilty to all six counts.

In count one, the EFCC alleged that Adamu, while acting as Branch Manager of Polaris Bank Ltd, Bauchi, conspired with Ishaku Aliyu, Managing Director of Makayye Investment Resources Ltd (now at large), and Muntaka Mohammed Duguri (also at large) between June and December 2023.

They were accused of facilitating the conversion, transfer, concealment and use of ₦4,650,000,000 allegedly released by Polaris Bank under the guise of financing the supply of motorcycles to the Bauchi State Government through Emmanuel Asomugha General Enterprises.

“The motorcycles were not supplied, and you thereby committed an offence contrary to Section 21(a) and punishable under Section 21 of the Money Laundering (Prevention and Prohibition) Act, 2022,” the charge read in part.

Yakubu-Adamu

Count six further accused Adamu, Aliyu and Duguri of retaining and transferring proceeds of an unlawful act through nominees and third parties in 2023.

The EFCC alleged that parts of the funds were circulated through third-party accounts, including transfers made through I.S. Makayye Investment Resources Ltd and a sum of ₦165,900,000 allegedly transferred to Ayab Agro Products and Freight Company Ltd.

According to the commission, the funds formed part of the proceeds of an unlawful act, contrary to Section 20(a) of the Money Laundering (Prevention and Prohibition) Act, 2022.

Following the plea, Chime applied for a trial date, but Adamu’s counsel, Chief Gordy Uche, SAN, informed the court that a bail application had been filed on behalf of the commissioner.

Uche urged the court to admit his client to bail pending trial, noting that although the defence had received a counter affidavit from the prosecution, it would not be responding as the EFCC had left the matter to the discretion of the court.

He appealed for bail on liberal terms, recalling that at the previous sitting, he had passionately urged the court to release Adamu to the Bauchi State Attorney-General in the interim due to the need to pay workers’ salaries.

Opposing the bail request, Chime told the court that the EFCC filed a 15-paragraph counter affidavit on December 22 with an exhibit, urging the court to refuse the application and order an accelerated hearing.

Justice Nwite, however, said a short date would be fixed for ruling on the bail application.

He subsequently ordered that Adamu be remanded at the Kuje Correctional Centre pending the ruling and adjourned the matter till January 2, 2026, for the decision.

At the close of proceedings, the EFCC counsel drew the court’s attention to his earlier promise to bring additional defendants into the matter.

Chime disclosed that the individuals had reported to the commission and that a fresh charge, including Adamu, had been filed.

He prayed the court to allow the charge to be read for the defendants to take their plea, but Justice Nwite declined, noting that the charge was not yet before the court.

Chime later requested that Adamu be remanded in the EFCC’s custody pending the next arraignment to avoid logistical challenges in conveying him to court, a request the judge granted.

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No Going Back, New Tax Laws Will Commence On January 1, 2026 – Tinubu

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President Bola Tinubu has declared that the new tax laws will take effect from January 1, 2026, as planned, despite objections from some quarters.....TAP TO CONTINUE READING

The President made the declaration in a statement on Tuesday in which he explained that the new laws are not designed to raise taxes but to drive harmonization.

President Tinubu noted that his administration is aware of agitations in some quarters over the new tax laws, but added that no substantial issue has been raised to warrant a suspension of the implementation process.

He promised that the government would ensure due process in the implementation of the laws and work with all stakeholders, including the National Assembly, to resolve all identified issues against the new tax laws.

“The new tax laws, including those that took effect on June 26, 2025, and the remaining acts scheduled to commence on January 1, 2026, will continue as planned.

“These reforms are a once-in-a-generation opportunity to build a fair, competitive, and robust fiscal foundation for our country.

“The tax laws are not designed to raise taxes, but rather to support a structural reset, drive harmonisation, and protect dignity while strengthening the social contract.

“I urge all stakeholders to support the implementation phase, which is now firmly in the delivery stage.

“Our administration is aware of the public discourse surrounding alleged changes to some provisions of the recently enacted tax laws.

“No substantial issue has been established that warrants a disruption of the reform process. Absolute trust is built over time through making the right decisions, not through premature, reactive measures.

“I emphasise our administration’s unwavering commitment to due process and the integrity of enacted laws. The Presidency pledges to work with the National Assembly to ensure the swift resolution of any issue identified.

“I assure all Nigerians that the Federal Government will continue to act in the overriding public interest to ensure a tax system that supports prosperity and shared responsibility,” the statement read.

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Dino Melaye Reacts to Malami’s Arraignment on Money Laundering Charges

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Former Kogi West Senator, Dino Melaye, has reacted to the arraignment of ex-Attorney General of the Federation (AGF), Abubakar Malami, before a Federal High Court in Abuja.....TAP TO CONTINUE READING

Melaye wished Malami well as he began his trial on corruption charges.

In a post on X, the former lawmaker recalled how he was once prosecuted by Malami over what he described as frivolous cases during Malami’s tenure as AGF.

He wrote, “Reminded me of how I was appearing in different courts when Malami as AGF was prosecuting me over frivolous cases, including taking over one of the police cases against me. Wish him well.”

Malami, his son Abdulaziz, and another individual are facing a 16-count charge of money laundering. They were arraigned over allegations of unlawful acquisition and concealment of funds and all pleaded not guilty to the charges.

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39 Fleeing Suspected Terrorists Arrested In Ondo Forest

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The Ondo State Security Network, also known as the Amotekun Corps, has apprehended 39 fleeing suspected terrorists in Ondo Forest.....TAP TO CONTINUE READING

Operatives of the Amotekun Corps arrested the suspected terrorists at Elegbeka Forest in Ose Local Government Area of the state.

The Corps Commandant of the Amotekun in the state, Akogun Adetunji Adeleye, disclosed this while parading about 61 suspected criminals at the corps headquarters in Akure, the state capital.

Adeleye said those arrested confirmed they had fled their respective states due to ongoing airstrikes against terrorists.

He disclosed that the arrested suspects were between the ages of 18 and 45, stating that they were hiding in the forest with two vehicles parked at a distance.

“The major issue is, why were they in this black spot in the forest then, when we were on patrol chasing kidnappers, and they claimed the heat was turned on them?”

He noted that the sudden influx of these elements raised many questions being investigated by the Command.

“A couple of days ago, 39 suspects were arrested altogether, claiming that as a result of the heat turned on them in the northern part of the country, they are relocating to the forest.

“They were not trekking. They were hibernating in the forest there, with two vehicles far away from them. So, we found out, trapped them, and located where they were all hiding. We brought them together. As I said, profiling is almost completed.

“We are still profiling them, and after profiling, we may send some back. But those found with incriminating equipment and materials will surely be prosecuted.

“The government has made its position known: For you to stay in our forest areas, you must obtain permits. So, the sudden influx of these elements poses a lot of questions that we are still working on,” he said.

On other suspected criminals, Adeleye, about 100 of them were arrested across the 18 local governments of the state, out of which 61 were paraded.

He said 50 were apprehended for breaches of law and order, two for anti-open grazing violations, six for kidnapping-related cases, and three for gender abuse and rape.”

“Coming to specifics, around the Ofosu-Odigbo area, we arrested 34-year-old Mustafa and 45-year-old Philip for kidnapping at the scene. We also have, in the Isua Akoko axis, 18-year-old Idris, 20-year-old Ibrahim Abdullahi, and 23-year-old Lawal Idris.

“On rape and assault on Amotekun Corps officers, we have 19-year-old Daniel Ojo, 33-year-old Usman, and 41-year-old Bejide for raping in Isinkan. On armed robbery, we arrested 30-year-old Ola Tunbosun, Ibrahim, and Shahidu at the shores of Akure North, Oba Akoko, and Oba Ile, also in Akure North,” Adeleye said.

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