The Niger state High Court has granted bail to the immediate past governor of Niger State, Babangida Aliyu and his Chief of Staff, Umar Nasko on a 6-count charge of fraud to the tune of N3billion preferred against them by the Economic and Financial Crimes Commission (EFCC).
According to Saharareporters, bail was granted by sitting judge, Justice Aliyu Maiyaki on May 3, 2017.
In his ruling, Justice Maiyaki admitted Aliyu to bail in the sum of N150million with two sureties in like sum. The sureties must be residents within the jurisdiction of the court and must own landed property worth N200million. The sureties are to deposit their Certificates of Occupancy to the court pending the determination of the case.
The sureties must be residents within the jurisdiction of the court and must own landed property worth N200million. The sureties are to deposit their Certificates of Occupancy to the court pending the determination of the case.
The sureties are to deposit their Certificates of Occupancy to the court pending the determination of the case.
Nasko, on the other hand, was granted bail in the sum of N100million with two sureties in like sum. The sureties must be residents within the jurisdiction of the court and must own properties worth N150million. The Certificates of Occupancy of the properties are to be deposited with the court pending the determination of the case.
The sureties must be residents within the jurisdiction of the court and must own properties worth N150million. The Certificates of Occupancy of the properties are to be deposited with the court pending the determination of the case.
The Certificates of Occupancy of the properties are to be deposited with the court pending the determination of the case.
The case has been adjourned to June 12, 2017, for the commencement of the trial.
Aliyu, among other things, allegedly diverted N520million from the Niger State Government Security Account domiciled in Zenith Bank account between January and March 2011.Within the same period, he also allegedly diverted a separate N1.7billion from the same account.
Within the same period, he also allegedly diverted a separate N1.7billion from the same account.
‘The chief servant’ and his chief of staff (Nasko) were also said to have diverted about N1.09billion, which was 16 percent shares of Niger State in the North-South Power Company Limited.
The alleged crimes are in contravention of Sections 97 and 312 of the Penal Code.