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
    Uploading of IREV Reports Now 86.55% In Edo Guber Election Concern
    September 21, 2024
    Electoral Process In Nigeria deliberately Complicated To Enable Manipulation-Sen Ndume
    September 30, 2024
    PDP Imbroglio: How Factional NWC Suspends Nat’l Chair, Secretary  
    October 11, 2024
    Latest News
    President Tinubu Departs Paris For Nigeria 
    September 29, 2026
    Adeyanju: INEC Should Comply With Supreme Court Judgment 
    September 28, 2026
    Never In Our State- What NDC State Chair Remark After Wike’s Angle Stopping Peter Obi From Winning Rivers Surfaced; See Footage
    September 24, 2026
    Legal Battle: Abuja Court Set to Deliver Judgment In Edo South NDC Senatorial Ticket
    September 21, 2026
  • Entertainment
  • Urban & Rural Lifestyle
  • Column
  • Environment
  • Urban Sports
  • Crime Lence
  • More Links
    • 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
    • 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

Dangote To Nigeria Govt: The Time To End Fuel Subsidy is Now

NBA To Tinubu, Restore Rivers Gov Fubara Immediately

BBNaija S9:How Married Housemate, Kellyrae Share Kiss With Dami

Tinubu Justifies Reason For the  Removal of FCT From Treasure Single Account  

Just In: DHQ Blames Cause of Deaths In Sokoto Airstrikes From “Secondary Explosion

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

Messi Ready To Join Argentina Camp- Coach Lionel Scaloni
Urban Sports September 30, 2026
EPL: What Man City React to Premier League Guilty Verdict, Hints at Next Action 
Discover Urban Sports September 30, 2026
UNL: Real Reason I did Thierry Henry’s Iconic Celebration-Lamine Yamal 
Discover Urban Sports September 30, 2026
President Tinubu Departs Paris For Nigeria 
Discover Politics September 29, 2026
//

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