URBANEXPRESSLIVEURBANEXPRESSLIVEURBANEXPRESSLIVE
  • Home
  • Politics
    Politics
    “Followers who tell the truth, and leaders who listen to it, are an unbeatable combination.”— Warren Bennis
    Show More
    Top News
    Tough Decisions As Kwankwaso Faces Dilemma of Choice in Heavy Weight Tsunami To ADC
    July 9, 2025
    Uber Politician-Julius Abure Labels Labour Party’s Former Presidential Candidate, Peter Obi
    August 15, 2025
    2027:Action Tilted Towards Making PDP Unstable-Yusuf Accuses Wike of Hindering Jonathan, Peter Obi’s Presidential Plan
    September 6, 2025
    Latest News
    Anambra: Congratulations, APGA Tells Soludo On His Re-election
    November 9, 2025
    Supreme Islamic Council fires Back At Trump, Says No Christian Genocide In Nigeria
    November 9, 2025
    Anambra Election: Concerns As Peter Obi Votes, Laments Vote Buying 
    November 8, 2025
    Pay Ex-Gov Ortom Aides N57M-Court Orders Benue Govt
    November 7, 2025
  • Entertainment
  • Urban & Rural Lifestyle
  • Column
  • Environment
  • Urban Sports
  • Crime Lence
  • More Links
    • About Us
    • Contact us
    • Advertise
Search
  • Advertise
© 2024 Urbanexpresslive. All Rights Reserved.
Reading: Breaking: Former Taraba Gov Gets N150m Bail Over Alleged N27Bn Fraud Case
Share
Notification Show More
Font ResizerAa
URBANEXPRESSLIVEURBANEXPRESSLIVE
Font ResizerAa
  • Home
  • Politics
  • Entertainment
  • Urban & Rural Lifestyle
  • Column
  • Environment
  • Urban Sports
  • Crime Lence
  • More Links
Search
  • Home
  • Politics
  • Entertainment
  • Urban & Rural Lifestyle
  • Column
  • Environment
  • Urban Sports
  • Crime Lence
  • More Links
    • About Us
    • Contact us
    • Advertise
Follow US
  • Advertise
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
URBANEXPRESSLIVE > web-Page > Discover > Breaking: Former Taraba Gov Gets N150m Bail Over Alleged N27Bn Fraud Case
DiscoverPolitics

Breaking: Former Taraba Gov Gets N150m Bail Over Alleged N27Bn Fraud Case

urbanexpresslive
Last updated: October 3, 2024 6:52 pm
urbanexpresslive
Share
4 Min Read
SHARE

Taiwo Popoola

Former governor of Taraba State, Darius Ishaku was on Thursday admitted to bail in the sum of N150 million by a Federal Capital Territory, FCT, High Court in the alleged N27 billion fraud charge brought against him by the Federal Government.

The former governor was granted the bail by Justice Sylvanus Oriji with two sureties in the same amount.

One of the two sureties must be a Federal Government employee of the rank of Director.

Similarly, the two sureties must be residents in the FCT with their house addresses to be verified by the Registrar of the Court.

Besides, Justice Oriji barred the former governor and his co-defendant, Bello Hero, from traveling out of the country except with the permission of the court.

The Economic and Financial Crimes Commission, EFCC, through its counsel, Rotimi Jacobs did not oppose the bail.

Jacobs noted that the EFCC had on its own granted Ishaku administrative bail and he did not jump bail.

Justice Oriji after granting the bail fixed November 4, 5 and 13 for commencement of trial in the alleged fraud.

Ishaku, who left office in 2023 after serving as governor for eight years, was slammed with 15 count charges by the EFCC but pleaded not guilty when he was arraigned on Monday.

According to the charge sheet dated September 27, the former governor and the former Permanent Secretary of Bureau for Local Government and Chieftaincy Affairs, Bello Yero, are the two defendants in the case.

In the charge marked CR/792/24, the EFCC accused the defendants of diverting the sum of N1,010,000,000 to their personal use between August 25, 2015, and March 21, 2016, in Abuja.

The agency said the amount formed part of the 2.5 per cent contingency funds belonging to the Bureau of Local Government and Chieftaincy Affairs.

The EFCC noted that the duo committed an offence contrary to Section 315 of the Penal Code A, Cap 532, Laws of the Federal Capital Territory of Nigeria 2007 and punishable under the same section.

Ishaku and Yero were also accused of diverting an aggregate sum of N1,138,082, 097.71 which formed part of the 2.5 per cent contingency fund belonging to the Bureau of Local Government and Chieftaincy Affairs between July 2015 and May 2019.

Also, between September 3, 2015, and January 29, 2018, in Abuja, the defendants were accused of diverting the sum of N761,301,000 to defray the loan of N1bn granted by Zenith Bank Plc. to your company, Worthy Construction Limited.

“That you Ishaku whilst being the Governor of Taraba State and Bello Yero whilst being the Permanent Secretary, Bureau for Local Government and Chieftaincy Affairs, Taraba State between July 19, 2019 and February 5, 2021 in Abuja, within the jurisdiction of this Honourable Court, and in such capacity entrusted with dominion over certain property, to wit: an aggregate sum of N3,348,942,411.15, which sum formed part of the funds belonging to Bureau of Local Government and Chieftaincy Affairs, Taraba State and Local Government Councils in Taraba State, and you thereby committed criminal breach of trust in respect of the said property, when you dishonestly diverted the said sum to your own use,” the charge sheet partly read.

Other sums that allegedly formed part of the contingency fund diverted by the defendants include N650,686,369.99 between January 6, 2019, and April 29, 2021; N193,030,000 between January 2019 and April 29, 2021; and N170,549,842.00 between January 6, 2019, and April 29, 2021, among others.

You Might Also Like

Elections: Technical Glitches Wouldn’t Have Occurred if BVAS, IREV Was Automated-Jonathan

$6billion Debt: Atiku Slams NNPCL, Says Its Layers of Deceit

Impostor Requesting An Elected Governor’s Presence- Inibehe Effiong Condemns Iba’s Order To Fubara  

After 25 Years, girl Missing Found Alive In United States

Why I Declared April 2nd As Liberation Day  In America-Trump

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
[mc4wp_form]
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Twitter Copy Link Print
Share
Previous Article How Police Foil, Arrested Two Women Involved In Selling Three-day Old Baby In Delta
Next Article Conversation With Bobrisky Not True-Falana Says,Reveal Discussion Only With Falz’s On Phone
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

235.3kFollowersLike
69.1kFollowersFollow
11.6kFollowersPin
56.4kFollowersFollow
136kSubscribersSubscribe
4.4kFollowersFollow
- Advertisement -
Ad imageAd image

Latest News

How Police Rescued Three-Year-old Trafficked From Anambra To Lagos, Nabbed Six Suspects 
Crime Lence Crime Reports November 10, 2025
You Don’t Nurse Sickness, You Fight It- Bishop Abioye Nasrrates Wife’s Ordeal With HIV
Uncategorized November 10, 2025
Join ADC To Tackle Security, Economic Challenges, El-Rufai Urges Zamfara Inhabitants 
Uncategorized November 10, 2025
IIobu Community Begs FG To  Immortalise Late General Lagbaja
Uncategorized November 10, 2025
Executive Master of Transport Management
//

UrbanExpressNews is Nigeria Most Reliable Online News, With Quality Pedigree of Writers made available on the online space.

Download Our App

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

info@urbanexpresslive.com

 

Follow US
© 2024 Urbanexpresslive. All Rights Reserved.
Welcome Back!

Sign in to your account