Businessman docked for N6.9m fraud

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THE Economic and Financial Crimes Commission, EFCC, Maiduguri Zonal office, on Thursday, November 14, 2019 arraigned one Bukar Alhaji Modu, before Justice Aisha Kumaliya of the Borno State High Court, Maiduguri on a two-count charge bordering on criminal breach of trust to the tune of over N6 million.

The defendant allegedly converted the sum, which he received from Bachillu Audu as payment for 73,936 grams of Silver, to his personal use.

Count one of the Charge reads: “That you Bukar Alhaji Modu sometime in July, 2012 in Maiduguri Borno State within the Jurisdiction of this Honourable Court being entrusted with the total sum of Six Million Nine Hundred and Fifty Thousand Naira (N6, 950,000.00) by Bachillu Audu to buy 73,936 grams of Silver at Ninety Four Naira (94.00) per gram converted the total sum to your personal use and thereby committed criminal breach of trust contrary to Section 311 of the Penal Code Cap 102, Laws of Borno State and punishable under Section 312 of the same Law.”

Modu pleaded not guilty to the charges preferred against him. Prosecuting counsel, Fatsuma Mohammad prayed the court for a trial date and an order to remand the defendant in a Correctional Centre. The case was adjourned till December 2, 2019.

In another development, Abubakar Abubakar Gajibo was arraigned before Justice Kumaliya on one count of fraud. He allegedly diverted the sum of N5 million which he received for the the supply of empty containers to a non-governmental organisation, International Organisation for Migration.

The count reads: “That you ABUBAKAR ABUBAKAR GAJIBO being a Businessman, sometime in February 2019 at Maiduguri, Borno State within the Jurisdiction of this Honourable Court, being entrusted with dominion over certain properties to wit; N5, 000,000.00 (Five Million Naira) by Alhaji Abba Gadare for financing the execution of purported contract of supply of empty containers to an NGO, International Organisation for Migration, did dishonestly misappropriates the said sum of N5,000,000.00 (Five Million Naira) and you thereby committed an offence contrary to Section 311 of the Penal Code Cap. 102 Laws of Borno State of Nigeria and punishable under section 312 of the same Law.”

The defendant pleaded not guilty to the charge.

Counsel for the prosecution Mukhtar Ahmad Ali prayed for a trial date and the remand of the defendant in a Correctional centre.

Justice Kumaliya adjourned the matter to 4 December, 2019 for consideration of bail application and ordered the remand of both defendants at the Correctional Centre, Maiduguri.

– Nov. 15, 2019 @ 13:15 GMT |

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