Another official gets a cozy new room at the Kuje Correctional Centre. The Federal High Court in Abuja ordered Bauchi State's Finance Commissioner, Yakubu Adamu, to be held there while it decides on his bail request. Justice Emeka Nwite gave the remand order after hearing arguments from Adamu's senior lawyer, Gordy Uche, and the prosecution lawyer from the Economic and Financial Crimes Commission, Samuel Chime. Adamu and a company named Ayab Agro Products and Freight Company Ltd faced arraignment on six counts related to laundering roughly four point six billion naira.
They both entered not guilty pleas. The charges allege that while Adamu served as a Polaris Bank branch manager in Bauchi, he conspired with others to move and conceal funds from a bank facility meant for motorcycle supplies to the state government, supplies which never materialized. Specific counts mention transfers, including one hundred sixty-five million naira sent to the co-defendant company. Following the bail arguments, the judge scheduled a ruling on the application for early January and remanded Adamu. The EFCC lawyer also indicated new charges have been filed against Adamu and additional individuals, with an arraignment for that separate case set for the next day, prompting a temporary remand in EFCC custody for logistical reasons.
They both entered not guilty pleas. The charges allege that while Adamu served as a Polaris Bank branch manager in Bauchi, he conspired with others to move and conceal funds from a bank facility meant for motorcycle supplies to the state government, supplies which never materialized. Specific counts mention transfers, including one hundred sixty-five million naira sent to the co-defendant company. Following the bail arguments, the judge scheduled a ruling on the application for early January and remanded Adamu. The EFCC lawyer also indicated new charges have been filed against Adamu and additional individuals, with an arraignment for that separate case set for the next day, prompting a temporary remand in EFCC custody for logistical reasons.
