4.3 C
New York
Saturday, April 20, 2024
HomeNewsFormer ABU VC, Bursar Arraigned Over Alleged Theft Of N1bn

Former ABU VC, Bursar Arraigned Over Alleged Theft Of N1bn

The Economic and Financial Crimes Commission (EFCC) has arraigned Professor Ibrahim Garba, a former vice-chancellor of Ahmadu Bello University, Zaria, alongside the bursar, Ibrahim Usman on eight counts bordering on alleged theft and money laundering to the tune of N1 billion.

The duo were arraigned before Justice A.A. Bello of the Kaduna State High Court by the Kaduna Zonal Command of the EFCC, the agency tweeted.

A petition accusing Garba and Usman of diverting monies meant for the renovation of the popular Kongo Conference Hotel, Zaria, from various accounts belonging to the institution into their private accounts followed months of careful investigation before the arraignment by the commission.

The EFCC stated that they were on Thursday arraigned before Justice A.A. Bello of the Kaduna State High Court on an eight-count bordering on theft and money laundering to the tune of over N1billion by the Kaduna Zonal Command of the Economic and Financial Crimes Commission.

Advertisements

The commission said, “The arraignment followed months of a discreet investigation triggered by a petition accusing the duo of diverting monies meant for the renovation of the popular Kongo Conference Hotel, Zaria.”

The investigation established that over one billion naira was allegedly stolen from different accounts of the institution by the defendants and diverted into their private accounts.

Advertisements

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

- Advertisment -

Most Popular

Recent Comments

Onuegbu Chuks Theophilus on Mikel Obi quits Super Eagles
Thomas H. Anderson on Roman Goddess_3
Oladimeji Emmanuel on Obama sends investors to Buhari