Latest
Arms Scam: Yuguda, Dasuki others granted bail
Justice Peter Afem of the FCT High Court, sitting in Maitama, Abuja, on Monday, granted a former Minister of State for Finance, Bashir Yuguda; former National Security Adviser, Colonel Sambo Dasuki ( rtd) and four others bail in the sum of N250m each.
Yuguda alongside Col.Dasuki (rtd); Shuaibu Salisu, a former Director of Finance and Administration, Office of the National Security Adviser; Attahiru Dalhatu Bafawara, a former governor of Sokoto State; Sagir Attahiru, Bafarawa’s son and Dalhatu Investment Limited are being prosecuted by the Economic and Financial Crimes Commission, (EFCC).
They are facing a 22-count charge bordering on conspiracy, bribery, abuse of office and criminal breach of trust to the tune of N28, 315, 000,000.00.
Count one of the charge reads: “That you, Col. Muhammed Sambo Dasuki, whilst being the National Security Adviser and Shuaibu Salisu, whilst being the Director of Finance and Administration in the office of the National Security Adviser, between 14th April, 2014 and 7th May, 2015 in Abuja, within the jurisdiction of the Honourable Court, entrusted with dominion over certain properties to wit: an aggregate sum of N3, 350, 000,000.”
Justice Afem had, at the last sitting on Wednesday, December 16, 2015, fixed ruling on the bail application today, after listening to the motion for bail moved by counsel to the defence as well as the prosecution’s counter affidavit. In his ruling today, Justice Afem granted the defendants bail in the sum of N250m each with two sureties in like sum.
The sureties must be serving or retired civil or public servant of the rank of director, with proof that they have the wherewithal to provide the said sum in the event of the defendants jumping bail.
Each of the sureties must be resident within the jurisdiction of court and their counsel must recommend in writing that the sureties are of good standing.
The defendants must also submit their international passports to the court.
Justice Afem ordered the defendants to be remanded in Kuje Prison pending the fulfillment of their bail conditions.
According to the Head, Media and Publicity, Wilson Uwujaren said the case has been adjourned to February 2, and 3, 2016 for the commencement of trial.
-
Business6 days agoAbuja gears up for Jetour T2’s rugged-luxury experience
-
News5 days agoUK, Canada pledge closer cooperation on trade, defence and AI
-
Business1 week agoNigeria Business Outlook: Dangote IPO, markets, inflation and naira in focus this week
-
Business1 week agoDangote IPO rush crashes Bamboo login as investors flood platform
-
Business6 days agoTinubu’s economic reforms face public confidence test as cost-of-living crisis persists
-
Business6 days agoDangote: Petrol price gap fuels smuggling as Nigeria faces fresh pump price surge
-
Business3 days agoDangote Refinery IPO: Can small investors really make money from the shares?
-
Comments and Issues4 days agoWavy fuel prices and deepening cost-of-living crises in Nigeria


