Fidelity bank banner UBA banner
Former governor remanded in EFCC custody over N5.7 billion fraud

By Habibu Aminu, Katsina on 25/04/2018

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

Views: 832

•Ibrahim Shehu Shema
•Ibrahim Shehu Shema


Former Governor of Katsina state, Ibrahim Shema, has been remanded in the Economic and Financial Crime Commission's (EFCC) custody till April 27.

Shema ‎had pleaded not guilty to all ‎the 26-count charges on alleged conspiracy and money-laundering of about N5,776,552,396 of Subsidy Re-investment and Empowerment Programme (SURE-P) as charged by the EFCC.

One of the charges read: “That you Ibrahim Shema whilst being the executive governor of Katsina state. And one Idris Kwado (now at large) between June, 2014 and May 2015 at Katsina in Katsina state within the jurisdiction of this honourable court did conspire to commit an offence to launder money and thereby committed an offence contrary to section 18(a) of the Money Laundering (prohibition) Act 2011 (as amended by the Money Laundering (Prohibition) Amendment Act 2012 and punishable under section 15(3) of the same act.”

Already, Shema, alongside three others are facing another 24-count charge at the State High Court on alleged financial misdemeanor of about N11billion brought by the EFCC.  

Text (excluding headline) culled from Dailytrust


Source News Express

Posted 25/04/2018 04:04:15 AM


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




You may also like...
Armed group kills more than 140 near Ethiopia’s...

LASU suspends 4 students over cultism

Why more women are getting barren — Expert...

Okonjo-Iweala: And another feather adorns her cap, By...

COINCIDENCES: Of Physics and Nigeria’s economic growth

Electricity firm disconnects APC National Headquarters over N1.7m...

Rivers Re-Run: Deal ruthlessly with trouble makers, Amaechi...

N45 Million Form: Buhari is breaking the law,...

I will rid NPA of corrupt practices: MD...

Fire razes 300 shops in Kaduna market

Smoking linked to 15 different cancers

Igbo Presidency: Obasanjo is being mischievous — South...


Latest News Nothing can stop actualisation of Biafra — IPOB •Hits Uwazuruike, others My father sick but not dead, says Ex-Head of State Ernest Shonekan’s daughter 2019: Okowa challenges opponents to debate •Receives thousands of returnees from opposition parties Boko Haram launches fresh attack on Chibok community, burns houses Court keeps Imo APC governorship candidates waiting; adjourns indefinitely Ekiti Assembly moves to probe Fayose Strike out suit seeking to compel EFCC to investigate, prosecute me, Oshiomhole begs court Alleged N450m Fraud: Court summons Taraba APC guber candidate Recent party primaries don’t show Nigeria’s democracy is advancing — Dogara Nigeria collapsing with $80 billion debt profile — Obi UN seeks protection of Kaduna, Borno communities over violence Juventus Too Good For Man United On Ronaldo’s Return


Most Read NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (409,426 views) Nigerian female sex addict opens up, says ‘I like it with both men and women’ (383,862 views) Shameless Genevieve Nnaji exposes breasts in public (316,281 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (260,175 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (238,643 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (225,071 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (205,027 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (186,463 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (171,332 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (166,478 views) Lagos plane crash: Journalist releases victims’ names (162,175 views) Gunmen kill ASP, 2 other police officers in vain bid to kidnap Rivers PDP chieftain (149,831 views)


Categories Advertorials (3) African Press Organisation (81) Art & Literature (70) Business & Economy (3,709) Business Verdict (53) Columnists (949) Complaints & Requests (94) Enterprise & Opportunities (207) Entertainment (561) Features (660) Global Business Monitor (305) International (2,569) Interview (165) Live Commentary (28) Love Matters (145) News (39,862) Opinion (1,127) Pidgin (13) Politics (7,383) Religion (885) Sports (1,742) Stock Watch (35) AMA & Al Jazeera Global Update


NLNG Prize for Literature 2018

Zenith Zero Balance

CBN banner

Firstmobile banner





LIBYA vs NIGERIA 2-3 Goals Highlights


APO Group Partner




GOCOP Accredited Member

GOCOP Accredited member



Africa Media Agency and Al Jazeera