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Court Remands Bauchi Finance Commissioner Over Alleged Money Laundering

By Erewunmi Peace

A Federal High Court sitting in Abuja has ordered the remand of the Bauchi State Commissioner for Finance, Yakubu Adamu, over alleged involvement in money laundering.

Adamu was arraigned by the Economic and Financial Crimes Commission (EFCC) before Justice Emeka Nwite on multiple counts bordering on money laundering and conspiracy.
According to the EFCC, the commissioner is accused of laundering billions of naira through alleged false transactions and financial transfers.

The anti-graft agency told the court that the alleged offences were committed in collaboration with other individuals, some of whom are currently at large.

The charges were read to the defendant, who pleaded not guilty to all counts.
Following his plea, the prosecution opposed his bail request, urging the court to remand him in custody pending the determination of the bail application.

Justice Nwite subsequently ordered that the defendant be remanded in custody and adjourned the matter to a later date for the bail hearing.

The court’s decision means the commissioner will remain in custody until the bail application is considered and ruled upon.

The case adds to a growing list of high-profile corruption cases being handled by the EFCC as part of ongoing efforts to strengthen accountability and transparency in public office.

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