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N29bn Fraud Allegation: Court says former Adamawa Gov Nyako, others, have case to answer

Last updated: July 19, 2021 11:57 am
4 years ago
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The Federal High Court in Abuja has ordered a former governor of Adamawa State, Murtala Nyako, to enter his defence, in N29 billion fraud case.

In a ruling delivered by Justice Okon Abang on Monday, the trial judge dismissed Nyako’s no-case submission, filed before it.

While arguing the application, the Economic and Financial Crimes Commission, (EFCC), had urged the court to dismiss the no-case submission, that a case has been established against all the defendants, while the defendant wants the court to strike out the alleged N29 billion money laundering charges, filed against him and his co-defendants.

Also Read: Paramount Traditional Ruler dies in Adamawa State

The EFCC began Nyako’s trial in 2015, after arraigning him on a 37-count charge of criminal conspiracy, abuse of office, and money laundering.

The anti-graft agency is prosecuting the former governor, alongside his son, Abdul-Aziz Nyako; two companies, Sebore Farms and Extension Ltd and Pagado Fortunes Ltd.

They are first, second, sixth, and seventh defendants respectively in the trial.

Other defendants are Zulkifik Abba, Abubakar Aliyu, Blue Opal Ltd, Tower Assets Management Ltd, and Crust Energy Ltd as third, fourth, fifth, eighth, and ninth defendants respectively.

(Editor: Ifeanyi Mark)

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