Monday, April 20, 2026
  • Cover
  • News
  • Politics
  • Business
  • Security
  • Entertainment
  • World
  • Sports
  • Editorial
  • Interview
No Result
View All Result
Newsdesk Africa
Advertisement
  • Cover
  • News
  • Politics
  • Business
  • Security
  • Entertainment
  • World
  • Sports
  • Editorial
  • Interview
No Result
View All Result
Newsdesk Africa
No Result
View All Result
Home Business

Ex-Finance Minister, 4 others re-arraigned for allegedly misappropriating N23.3bn

Hassan Tanko by Hassan Tanko
May 24, 2022
in Business
0
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

The Economic and Financial Crimes Commission (EFCC) on Monday rearraign, former Finance Minister, Bashir Yaguda, and four others in an Abuja High Court, sitting in Maitama, for alleged misappropriation of N23.3 billion.
Others arraigned are retired Col. Sambo Dasuki; former Governor of Sokoto State, Attahiru  Bafarawa; his son, Sagir Bafarawa; and their company, Dalhatu Investment Limited.
They were arraigned on 25 counts bordering on misappropriation and receiving fraudulent proceeds.
According to the News Agency of Nigeria (NAN), the defendants were first arraigned, 2015 before Justice Peter Affen, who has since been elevated to the Court of Appeal.
They were later re-arraigned before Justice Husseini Baba Yusuf now the FCT Chief Judge then, before Justice Yusuf Halilu.
The EFCC accused them of diverting money from the office of the national security adviser between 2013 and 2015 to finance electioneering campaign.
The defendants all pleaded not guilty when the charges were read to them; and they are to enjoy the bail condition given to them earlier.
Halilu adjourned until June 30 for trial and June 7 to hear application filed by Dauski ‘s counsel.
Earlier, Lateef Fagbemi, SAN, counsel for Bafarawa had urged the court to allow the defendants to enjoy the bail condition given to them earlier.He said on Dec 21, 2015, justice Affen granted them bail and Baba-Yusuf in Oct 7, 2016 asked them to continue on the same condition.
Counsel for the prosecution, Mr Oluwaleke Atolagbe , he would not object so long as the defendants are available in court for their trial.
Raji Ahmed, SAN, counsel for Dashiki reminded the court of his application for his client to be allowed to travel abroad for medical attention.

Previous Post

Buhari meets victims of Kano explosion

Next Post

Nigeria’s GDP improves by 3.11% in Q1 2022 — NBS

Next Post

Nigeria’s GDP improves by 3.11% in Q1 2022 -- NBS

https://youtu.be/FHyJ1Wr0FAk?si=0WVYI_2OR4OrIrQ4
https://youtu.be/gbE3azm_Io0?si=GdE3Mqelo1ujTNla
Again, ex-Kano Gov. Shekarau dumps PDP for APC
Politics

Again, ex-Kano Gov. Shekarau dumps PDP for APC

by Euclid Myke
April 20, 2026
0

Former governor of Kano State, Ibrahim Shekarau, has again defected from the Peoples Democratic Party (PDP) to the All Progressives...

Read moreDetails
INEC suspends recognition of David Mark’s leadership of ADC

ADC faults FG’s terrorist reintegration plan

April 20, 2026
Senate wants LG representatives in FAAC

FG denies diverting N34trn revenue from Federation Account

April 20, 2026
Nigeria’s bitumen reserves valued at $42bn

N34.53trn stolen from federal revenue in Nigeria in three years – World Bank

April 19, 2026
She-Fix 2.0: NNPC champions inclusion, impact, opportunities for women

She-Fix 2.0: NNPC champions inclusion, impact, opportunities for women

April 19, 2026
  • About
  • Advertise
  • Privacy & Policy
  • Contact

Copyright© 2022-2025 Newsdesk Africa Published by Glossy Affairs Ltd. Tel: +2348152359152. Email: info@newsdeskafrica.com.ng editor@newsdeskafrica.com.ng

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Homepage

Copyright© 2022-2025 Newsdesk Africa Published by Glossy Affairs Ltd. Tel: +2348152359152. Email: info@newsdeskafrica.com.ng editor@newsdeskafrica.com.ng