Nigeria: EFCC arraigns ex-lawmakers for alleged N450m fraud
London, September 27, 2018 (AltAfrica)-Nigeria’s anti-graft agency, the Economic and Financial Crimes Commission has arraigned Senator Saidu Kumo and Nuhu Poloma before the Federal High Court in Gombe on five counts bordering on conspiracy and money laundering.
The two were arraigned on Wednesday before Justice Nehizena Afolabi.
In one of the counts, the EFCC alleged that “You, Senator Saidu Umar Kumo and Honourable Nuhu Poloma, on or about 27th March, 2015 within the jurisdiction of this honourable court, did conspire between yourselves to accept cash payment of the sum of N450m from one Abba Sunday Agaba, a cash officer with Fidelity Bank, which exceeds the statutory limit authorised by law and thereby committed an offence contrary to and punishable under sections 18(a) and 16 (2) (a) of the Money Laundering Act 2011 as amended.”
The defendants, however, pleaded not guilty to the charges.
Justice Afolabi granted each of them bail in the sum of N10m with two sureties in like sum.
He adjourned the case till December 5, 2018 for trial.