A Federal High Court in Abuja has fixed Thursday,October 14 for the arraignment of Olisa Metuh, former national publicity secretary of Peoples Democratic Party (PDP), over an alleged N400 million fraud.
Daily Trust reports that the arraignment which was initially scheduled for Tuesday, September 28, was adjourned following the absence of Obiora Egwuatu, the Judge.
All the parties involved in the matter, including Metuh, were present in court, yet the trial could not proceed.
Olisa Metuh would be re-tried over allegations of receiving the sum of 400 million from the former national security adviser in 2014 under the administration of Colonel Sambo Dasuki (rtd),prior to the 2015 presidential election, without contract approval or execution, Channels TV also reported.
Meanwhile, the chairman of the Economic and Financial Crimes Commission (EFCC), Abdulrasheed Bawa disclosed to a Lagos High Court in the Ikeja Area how an oil marketer, Abubakar Peters, and his company, Nadabo Energy Limited,forged documents to obtain N1.4bn as subsidy from the federal government .
The Cable reports that the EFCC boss, who was in the witness box for over 6 hours on Wednesday, September 22,gave extensive details of how the EFCC conducted its investigations and uncovered the fraud.
Through the witness, the court also admitted in evidence several documents as proof of the alleged fraud.
It equally received a petition from the law firm of Senior Advocate of Nigeria, Femi Falana , a report by The New Telegraph also indicate.
Meanwhile, Bawa will be back in court on Monday, November 1st, for his cross-examination.
In another development, Abdulfatah Ahmed, a former governor of Kwara state, says the takeover of his mansion in Ilorin and other properties by the Asset Management Corporation of Nigeria (AMCON) was unnecessary.
Vanguard reports that the Federal High Court in Lagos on Wednesday, September 22, empowered AMCON to seize the former governor’s properties over a N5 billion debt.
AMCON had said all efforts to recover the debt from the former governor proved abortive making the corporation go to court.
However, reacting through Wahab Oba, his media aide, the former governor said the take over of his properties was unnecessary, The Cable reported .
The former governor also described the move as overzealous, noting that there were ongoing talks to resolve the issues.
He said the dispute was based on a loan he secured from two defunct banks in 2009 for the purchase of shares which was then lumped with other unrelated loans allegedly obtained by "others”.
Ahmed explained that the banks held the shares as collateral to sell and recover the loans in the event of a default.
According to him, the banks passed the loans to AMCON instead of selling the shares to recover the loan amount.
The ex-governor said he was already in talks with AMCON, adding that he had agreed to meet any outstanding obligations once theyloans are disaggregated, Leadership also reported.
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