Close Menu
Chronicle NG
    Trending Stories
    Demolition of suspected kidnappers’ hideout bungalow in Lako Community, Ibadan, by Oyo State officials and Nigeria Police Force.

    Oyo demolishes three buildings linked to criminal activity

    June 16, 2026
    Senate denies forging signatures to suspend Natasha

    Senate denies forging signatures to suspend Natasha

    June 16, 2026
    APC demands Makinde resignation over insecurity in Oyo

    Makinde vows to rescue abducted Oyo students, teachers

    June 16, 2026
    Facebook X (Twitter) Instagram
    Trending
    • Oyo demolishes three buildings linked to criminal activity
    • Senate denies forging signatures to suspend Natasha
    • Makinde vows to rescue abducted Oyo students, teachers
    • Dangote slashes petrol price to N1,175/ltr
    • Court revokes Sowore’s bail over failure to appear in court for cybercrime trial
    • Court dismisses Bello N110bn fraud case jurisdiction challenge
    • EFCC witness details N27bn fraud in Ishaku trial
    • Police confirm three security personnel killed in NIPSS attack
    Facebook X (Twitter) Instagram
    Chronicle NGChronicle NG
    Subscribe
    Tuesday, June 16
    • News
      • Nigeria News
      • World News
      • Headlines News
    • Politics
    • Business
    • Sport
    • Entertainment
    • Contact Us
    Chronicle NG

    EFCC arraigns Babangida for alleged money laundering

    Chronicle EditorBy Chronicle EditorMay 17, 2017No Comments2 Mins Read
    Facebook Twitter Telegram WhatsApp
    Sampson Onyekachi has been jailed for dud cheque China Zhonghao EFCC Five Indians Jailed for Oil Theft In Lagos EFCC logo internet fraudsters
    Facebook Twitter WhatsApp

    Both Aliyu and Nasko were alleged to have diverted the money into the account of a private company
    Both Aliyu and Nasko were alleged to have diverted the money into the account of a private company
    The Economic and Financial Crimes Commission (EFCC) has arraigned former Governor of Niger State, Babangida Aliyu, before the Federal High Court, Abuja on eight-count charge bordering on money laundering.

    Aliyu was docked yesterday alongside his former Chief of Staff and the 2015 governorship candidate of the Peoples Democratic Party (PDP) in the state, Umar Nasko, over allegation of conspiracy and diversion of over N1 billion Ecological Fund received from the Federal Government in 2014 on behalf of the state.

    Both Aliyu and Nasko were alleged to have diverted the money into the account of a private company – D-Sabrin International Limited through the Niger State Commissioner for Environment.

    However, the defendants have pleaded not guilty to the charge and therefore, prayed the court to allow them on bail pending the determination of the criminal charge against them.
    The defendants through their counsel, Mr. Mamman Usman (SAN), had argued that the offences for which they were charged were bailable and considering also that they were earlier granted administrative bail by the anti-graft agency.

    In a bench ruling, the trial Judge, Justice Nnamdi Dimgba, granted the former governor and his co-defendant bail to the sum N200 million with two sureties each.

    Justice Dimgba held that the sureties could be public servants or professionals. He further ordered the defendants to surrender their international passports to the court registrar.

    The case has been adjourned till July 6 and 7 for hearing. Also yesterday, the EFCC re-arraigned Lagos socialite, Fred Ajudua for allegedly defrauding a former Chief of Army Staff, retired Lt-Gen. Ishaya Bamaiyi of $10.3 million.

    Ajudua was re-arraigned before a Lagos High Court sitting in Ikeja on 28-count charge bordering on conspiracy to obtain money by false pretence. He pleaded not guilty to the offence of fraud he was alleged to have committed in 2004 alongside five accomplices.

    The trial judge, Justice Josephine Oyefeso adjourned hearing of pending applications till July 12, 2017.

    Share. Facebook Twitter Telegram WhatsApp

    Keep Reading

    Demolition of suspected kidnappers’ hideout bungalow in Lako Community, Ibadan, by Oyo State officials and Nigeria Police Force.

    Oyo demolishes three buildings linked to criminal activity

    Senate denies forging signatures to suspend Natasha

    Senate denies forging signatures to suspend Natasha

    APC demands Makinde resignation over insecurity in Oyo

    Makinde vows to rescue abducted Oyo students, teachers

    NNPCL opposes Dangote refinery suit, warns against ‘monopoly control’ of fuel market

    Dangote slashes petrol price to N1,175/ltr

    Court revokes Sowore’s bail over failure to appear in court for cybercrime trial

    Court revokes Sowore’s bail over failure to appear in court for cybercrime trial

    Yahaya Bello in court during hearing on alleged money laundering charges linked to prepaid school fees dispute.

    Court dismisses Bello N110bn fraud case jurisdiction challenge

    Subscribe to News

    Be the first to get the latest news updates from ChronicleNG about world, sports, politics etc

    Demolition of suspected kidnappers’ hideout bungalow in Lako Community, Ibadan, by Oyo State officials and Nigeria Police Force.

    Oyo demolishes three buildings linked to criminal activity

    June 16, 2026
    Senate denies forging signatures to suspend Natasha

    Senate denies forging signatures to suspend Natasha

    June 16, 2026
    APC demands Makinde resignation over insecurity in Oyo

    Makinde vows to rescue abducted Oyo students, teachers

    June 16, 2026
    NNPCL opposes Dangote refinery suit, warns against ‘monopoly control’ of fuel market

    Dangote slashes petrol price to N1,175/ltr

    June 16, 2026
    Court revokes Sowore’s bail over failure to appear in court for cybercrime trial

    Court revokes Sowore’s bail over failure to appear in court for cybercrime trial

    June 16, 2026
    Facebook X (Twitter) Instagram
    • Politics
    • News
    • Sports
    • Business
    • About Us
    © 2026 ChronicleNG

    Type above and press Enter to search. Press Esc to cancel.