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BREAKING NEWS: Court Grants Bail to Bauchi Finance Commissioner Over Alleged N5.7bn Fraud

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The Federal High Court in Abuja on Friday granted bail to Bauchi State Commissioner for Finance, Yakubu Adamu, who is standing trial over allegations of involvement in a N5.7 billion fraud.

Trial Justice Emeka Nwite approved bail in the sum of N500 million, with two sureties of similar value.

The court ruled that the sureties must own verifiable landed property within the Asokoro, Maitama, or Gwarinpa districts of the Federal Capital Territory (FCT), Abuja, and must depose to an affidavit of means...TAP TO CONTINUE FULL READING.

The court also ordered Adamu to surrender his international passport and prohibited him from travelling abroad without prior permission. Full proceedings in the case were scheduled to begin on January 20.

Adamu, a former branch manager of Polaris Bank in Bauchi, was arraigned by the Economic and Financial Crimes Commission (EFCC) last Tuesday on a six-count money laundering charge.

Two companies, Ayab Agro Products and Freight Company Limited, were also cited as defendants.

The EFCC alleged that funds earmarked for the supply of motorcycles to Bauchi State were illegally diverted to various individuals and entities, despite the contract not being executed. The acts were said to contravene Section 21(a) of the Money Laundering (Prevention and Prohibition) Act, 2022.

Adamu pleaded not guilty to the charges, while his lawyer, Mr. Gordy Uche, SAN, applied for bail pending the outcome of the trial. EFCC counsel, Mr. Samuel Chime, opposed the bail request and sought an accelerated hearing. Justice Nwite, however, ruled that bail was within the court’s discretion, noting that the offences were bailable.

Adamu will remain in Kuje Prison until Monday, when the court will hear a separate terrorism-related charge pending against him.

According to EFCC investigations, Emmanuel Asomugha General Enterprises secured a loan of N4.65 billion from Polaris Bank, purportedly guaranteed by the Bauchi State Government, to supply motorcycles.

The agency said the motorcycles were never delivered, and the funds were diverted through Adamu and former Accountant-General of Bauchi State, Sa’idu Abubakar, to multiple accounts, including those of the two companies cited.

The prosecution further alleged that Adamu, while acting as Polaris Bank Branch Manager, conspired with others to convert, transfer, and conceal N4.65 billion, and also handled N976 million paid into the account of I.S. Makayye Investment Resources Limited, knowing the funds were proceeds of unlawful activity.

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Police Officer Arrested, Moved to Force Headquarters for Killing Suspect in Delta

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Police-600×375.webpThe Delta State Police Command has arrested Assistant Superintendent of Police Usman Nuhu for killing a 28-year-old suspect, Mene Ogidi, in Effurun on Sunday. In a statement, police spokesperson Bright Edafe said the officer has been transferred to the Force Headquarters in Abuja for disciplinary proceedings.

The suspect was reportedly apprehended while attempting to waybill a parcel allegedly containing a Beretta pistol with four rounds of ammunition. Force Public Relations Officer Anthony Placid confirmed the officer discharged his firearm in violation of regulations. The Inspector-General of Police has extended condolences to the deceased’s family.

Key Points..TAP TO CONTINUE FULL READING.

A family loses a relative to extra-judicial killing despite the suspect being restrained.
Police accountability is tested as the officer faces disciplinary proceedings and possible prosecution.
Public trust in law enforcement suffers when officers violate use-of-force regulations.
The victim’s death occurred while he was already restrained with hands tied behind his back.
The IGP’s zero-tolerance stance on extra-judicial actions faces a real test in this case.

Watch whether the force disciplinary committee recommends prosecution and what sentence, if any, is handed down to the officer.

Sources: Premium Times

Disclaimer: This content, including any advice provided, is for general informational purposes only and should not be considered a substitute for professional medical advice. Always seek guidance from a qualified healthcare professional or your doctor for proper evaluation and treatment. 3ppleloaded.ng does not accept any responsibility for the use of this information.

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Police, EFCC rescue 14 abducted passengers from Calabar-Oron waterways

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The Nigeria Police Force, in collaboration with operatives of the Economic and Financial Crimes Commission (EFCC), has successfully secured the release of fourteen victims abducted by sea pirates along the Calabar–Oron waterways.

The rescue followed sustained intelligence-driven operations and coordinated tactical efforts targeting criminal elements in the maritime corridor. The Inspector-General of Police commended the joint security team for the successful operation.

Key Points:..TAP TO CONTINUE FULL READING.

The victims were rescued without harm through targeted operations across identified flashpoints.
They are currently undergoing medical evaluation and debriefing before being reunited with families.
The IGP described the rescue as a testament to effective inter-agency collaboration.
Efforts are ongoing to track down and apprehend all perpetrators.
The operation targeted criminal elements along the busy maritime route.

The police assured the public that efforts to bring the abductors to justice are continuing.

Sources: Daily Post Nigeria, PM News

Disclaimer: This content, including any advice provided, is for general informational purposes only and should not be considered a substitute for professional medical advice. Always seek guidance from a qualified healthcare professional or your doctor for proper evaluation and treatment. 3ppleloaded.ng does not accept any responsibility for the use of this information.

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Runway Light Outage Strands Ibom Air Passengers Months After N1.19bn Upgrade

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Passengers on an Ibom Air flight from Uyo to Lagos were stranded on Monday night after a runway lighting failure at Victor Attah International Airport prevented an inbound aircraft from landing and halted an outbound flight. The incident occurred around 10 p.m., with passengers left without accommodation or transport.

Ibom Air spokesperson Anietie Essienette said the pilots had to abort landing and return to Lagos after the lights went off on short finals. The disruption comes about six months after Akwa Ibom State Governor Umo Eno released N1.19 billion for airport upgrades, declaring the airport ready for night operations in October 2025.

Key Points..TAP TO CONTINUE FULL READING.

Passengers faced night-time stranding with no hotel or bus arrangement from the airline.
A N1.19bn upgrade meant to enable night operations failed to prevent the outage.
The airport’s reliability for night flights is now in question ahead of Ibom Air’s maiden international flight scheduled for May 2.
Limited airline competition on the Lagos-Uyo route leaves passengers with few alternatives.
Delayed luggage complaints from the same passenger preceded the lighting failure incident.

Watch whether the airport management explains the cause of the lighting failure and if the May 2 international flight proceeds as scheduled.

Sources: Premium Times

Disclaimer: This content, including any advice provided, is for general informational purposes only and should not be considered a substitute for professional medical advice. Always seek guidance from a qualified healthcare professional or your doctor for proper evaluation and treatment. 3ppleloaded.ng does not accept any responsibility for the use of this information.

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