COURT REVOKES BAIL GRANTED EX-AGF, IDRIS’S CO-DEFENDANT
A High Court of the Federal Capital Territory, sitting at Maitama, has revoked the bail it earlier granted to Mohammed Usman, who is the 3rd Defendant in the 14-count money laundering charge the Economic and Financial Crimes Commission, EFCC, preferred against the former Accountant-General of the Federation, AGF, Ahmed Idris.
EFCC alleged that Usman who was the Director of the Federation Account, and one Godfrey Olusegun Akindele, in connivance with the erstwhile AGF, diverted public funds to the tune of about N109.4bn, using the account of a company, Gezawa Commodity Market & Exchange Limited, which is the 3rd defendant in the matter.
At the resumed proceedings, trial Justice Adeyemi Ajayi revoked the 3rd defendant’s bail following his failure to arrive at the court room on time.
It will be recalled that the court had on July 28,granted the former AGF bail in the sum of N5bn with two sureties which it stressed must be a Director and a Permanent Secretary.
