NewsExpress advert Yudala banner
Ex-Governor docked, remanded in prison for alleged N2.9bn fraud

By News Express on 30/06/2016

Share on facebook Yahoo mail icon Gmail icon Share on Google+

Views: 1,171


The Economic and Financial Crimes Commission (EFCC) on Thursday arraigned Ahmadu Umaru Fintiri and Mayim Construction and Properties Limited before Justice A.R. Mohammed of the Federal High Court sitting in Maitama, Abuja, on a five-count charge of money laundering to the tune of N2.9 billion.

Fintiri, a former speaker, who also served briefly as the acting Governor of Adamawa State, allegedly laundered monies through his naira and dollar accounts domiciled at Ecobank Plc., and making a large cash payment for the purchase of a property at Plot Number 7, Gana Street, Maitama, Abuja.

Count 4 of the charge reads: “That you, Ahmadu Umaru (Alias Rt. Hon. Ahmadu Umaru Fintiri) and Mayim Construction and Properties Limited on or about the 9th October 2014 in Abuja within the jurisdiction of this Honourable Court did indirectly disguise the origin of the aggregate sum of N550,000,000 (Five Hundred and Fifty Million naira) through a term loan of twelve months purportedly granted to you by Ecobank Plc for the acquisition of a tea plantation farm from Nigeria Agricultural Bank in Taraba State which loan you repaid within three months as acting Governor of Adamawa State from sum which you know form part of proceeds of unlawful act to wit: corruption and thereby committed an offence contrary to Section 15(2)(a) of the Money laundering (Prohibition) Act, 2011 as amended in 2012 and punishable under Section 15(3) and (4) of the same Act.”

Upon the reading of the charges, the first defendant, Fintiri pleaded not guilty, while a plea of ‘not guilty’ was also entered for Mayim Construction and Properties Limited, pursuant to the provisions of Section 478 of the Administration of Criminal Justice Act.

In view of the pleas by the accused, counsel to EFCC, Aso Larrys Peters, requested for a date for commencement of trial, and that the defendant be remanded in prison custody.

However, counsel to the first and second defendants, Mahmud Abubakar Magaji, SAN, informed the court that he had a pending motion dated June 24, 2016 and filed on June 27, 2016 seeking for release of the defendant on bail.

This was opposed by the prosecution who noted that the motion, which represented just the first defendant, sought to remove the second defendant from the matter.

“This is a criminal trial and it is fundamental that all processes before your lordship carries the appropriate parties. We have not amended the charge and your lordship has not ordered us to do so. The motion filed by the defence is a deliberate attempt to amend the charges, confuse and frustrate court processes,” Peters kicked.

Referring to precedents, the prosecution requested that the court discountenance the application, describing it as incompetent.

However, his objection was overruled.

Consequently, the defence moved its application.

In his argument, Magaji stated that since the prosecution had deposed to a six-paragraph counter affidavit to the effect that investigations into the matter had been concluded and  the defendant had been on administrative bail of the EFCC, the defendant was not likely to jump bail and would always be available for trial.

The defence further presented exhibit MAM1 to the effect that the defendant was physically unwell.

Again, the motion was opposed by the prosecution, who pointed out that the exhibit MAM1 tendered alongside the defence’s motion claimed that the defendant went for a physical examination on June 9, 2016, and was diagnosed with heart-related ailments and hypertension.

By this, the prosecution noted: “It doesn’t follow that results of tests can be issued before a consultation. On that date, the defendant was in the custody of the EFCC and only released by June 15, 2016, on administrative bail.

“Somebody is lying under oath. If your lordship grants bail, we are not sure that this matter will continue.”

Peters urged that the discretion of court should be exercised judiciously based on material evidence before the court.

Thereafter, Justice Mohammed adjourned to July 1, 2016 for ruling on the bail application and ordered the defendant to be remanded in Kuje prison custody.

•Photo shows Ex-Adamawa Governor Umaru Fintiri.

Source News Express

Posted 30/06/2016 9:36:12 PM

 

Share on facebook Yahoo mail icon Gmail icon Share on Google+


 

CLASSIFIED ADS

Let us build the most comprehensive online database of worthy and credible Nigerians from all walks of life. It is worth doing!

Loss Off Your Belly Fats, Upper Arm Fat and Body Fats In 2weeks Time.. Click HERE To Start Now!

 

You may also like...
Army selects 3 states for “Operation Crocodile Smile...

Group moves to empower 36,000 youths

Governors’ Forum set to check oil theft —Uduaghan...

Zaria Clampdown: We have no business with probe...

Court sentences baby to death

Chibok saga: Michelle Obama goes emotional, says: ‘We...

Villagers kill “Black Jesus” who drank girls' blood...

Those opposing restructuring are enemies of Nigeria: South-East...

DPR seals 3 filling stations in Kaduna over...

Ex-military governor, Gen. Adeyinka Adebayo, dies on eve...

FG to investigate alleged importation of garri from...

Fake Anambra lawmaker fails in bid to rubbish...

 

Latest News RELEASED: Names of the over 100 Dapchi school girls abducted by Boko Haram Salah strikes again as Liverpool go second on Premiership table Yobe Governor blames military for abduction of Dapchi schoolgirls Desperate Igbo politicians behind fake IPOB leader — IPOB Over 3,000 repentant bandits surrender weapons in Zamfara No plan to attack South East — Miyetti Allah Buhari unfolds dream for Nigeria Police step up crackdown on criminals in Bayelsa NAHCON gives pilgrims March 31 deadline to pay hajj fares CBN disburses N55.5bn to 250,000 farmers Why investors are flocking to Delta State — Okowa FG indirectly helping Boko Haram — HURIWA •Blasts Lai Mohammed over comment on kidnap of Dapchi girls

 

Most Read Nigerian female sex addict opens up, says ‘I like it with both men and women’ (326,949 views) NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (318,970 views) Shameless Genevieve Nnaji exposes breasts in public (255,614 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (209,693 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (195,155 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (188,288 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (163,983 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (147,282 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (140,734 views) Lagos plane crash: Journalist releases victims’ names (130,054 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (128,711 views) Gunmen kill ASP, 2 other police officers in vain bid to kidnap Rivers PDP chieftain (123,528 views)

 

Categories Advertorials (3) African Press Organisation (81) Art & Literature (34) Business (2,911) Business Verdict (34) Columnists (806) Complaints & Requests (94) Enterprise & Opportunities (203) Entertainment (447) Features (549) Global Business Monitor (226) International (1,806) Interviews (143) Live Commentary (28) Love Matters (105) News (33,108) Opinion (885) Pidgin (10) Politics (4,523) Religion (685) Sports (1,441) Stock Watch (28) AMA & Al Jazeera Global Update

 

 

Football president George Weah puts Liberian army to the test

 

APO Group Partner

 

CLASSIFIED ADS

Loss Off Your Belly Fats, Upper Arm Fat and Body Fats In 2weeks Time.. Click HERE To Start Now!

Let us build the most comprehensive online database of worthy and credible Nigerians from all walks of life. It is worth doing!

GOCOP Accredited Member

GOCOP Accredited member

 

 

Africa Media Agency and Al Jazeera

Advertisement