Court Postpond EFCC ₦212m Suit against lawmaker Till June

1 min read

The Federal High Court sitting in Kaduna, on the matter of the alleged fraud against a serving legislator from Katsina – Mansur Ali Mashi, has postponed hearing of the case and delivery of judgment to June 15 and 16 respectively.

Mansur Ali Mashi, a member of the House of Representatives who represents the Federal Constituency of Mashi Dutsi, is charged in the case initiated by the Economic and Financial Crimes Commission with allegedly securing a loan through fraudulent means.

The EFCC told the court that Mashi acquired N212,439,552 from Sterling Bank using fake companies.

Read more: Osinbajo Should Have Been Presented By Apc — Peter Obi

Meanwhile, Mashi was docked along with four bank employees: Hassan Usman (now deceased), Shehu Aliyu, Muazu Abdu, and Abdulmumini Mustapha.

The offence, the anti-graft agency informed violates Section 15(1)(b) and is punishable under Section 16(1)(a) of the Failed Banks (Recovery of Debts) And Financial Malpractices in Banks Act.

Upon arraignment, the defendants pleaded not guilty and the matter proceeded to trial subsequently.

The case was adjourned to June 15 and 16, 2023 for further hearing and judgment by Justice Sale Musa Shuaib.

Credit: punch newspaper

Leave a Reply

Your email address will not be published.

Latest from Blog