Alleged N109.4bn Fraud: Court Nullifies Bail of Third Defendant In Trial Of Ex-AGF

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A Federal Capital Territory High Court has revoked the bail it earlier granted to Mohammed Usman who is the third defendant in the 14-count money laundering charge the Economic and Financial Crimes Commission, preferred against the former Accountant-General of the Federation, Ahmed Idris.

The charge sheet by the EFCC, accuses Usman who was the Director of the Federation Account and other defendants, Olusegun Akindele, and Gezawa Commodity Market and Exchange Limited of diverting public funds amounting to N109.4bn.

But Justice Adeyemi Ajayi premised the revocation of Usman’s bail on his failure to be punctual to the court room.

Justice Ajayi subsequently adjourned the trial till October 4, 2022.

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