Ex-Governor, Commissioner docked over N3.1 billion fraud

Posted by News Express | 10 November 2015 | 3,289 times

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Immediate past Benue State Governor, Gabriel Suswam, was this morning docked at a Federal High Court sitting in Abuja alongside his erstwhile Commissioner of Finance, Mr Omodachi Okolobia.

The two men are alleged to have diverted over N3.1 billion, being the proceeds from the sale of shares owned by the Benue State Government and Benue Investment and Property Company Limited. The offence is punishable under Section 15, Subsection 3 of the Money Laundering (Prohibition) Act as amended in 2012.

Suswam and Okolobia were, however, granted bail in the sum of N100 million each and one surety each who shall be not less than a Director, Grade Level 12, in the employment of the federal, state or local government.

Each surety shall swear an affidavit of means while the two accused persons are to submit their travel documents in the custody of the court.

Trial has been set for December 8 and 9, while bail was not opposed by the Economic and Financial Crimes Commission (EFCC), which dragged both men to court.

•Photo shows Ex-Governor Suswam.


Source: News Express

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