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Wednesday, August 10, 2022

#Alleged N109bn Fraud: Court Grants Bail To Suspended Account General, Ahmed Idris

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An Abuja High Court sitting at Maitama, has granted bail to the suspended Accountant-General of the Federation, Ahmed Idris.

Recall, on Friday, the court had ordered the former AGF and his co-defendants to be kept in Kuje prison pending the hearing of their bail applications.

Idris was nabbed by Economic and Financial Crimes Commission (EFCC) operatives on May 16, 2022 in connection with a series of fraud that was initially thought to be N80billion.

Days after his arrest, Idris was suspended by the Minister of Finance, Budget and National Planning, Zainab Ahmed, to enable him face his probe.

The other defendants were Godfrey Olusegun Akindele, Mohammed Kudu Usman and Gezawa Commodity Market and Exchange Ltd.

The defendants are being prosecuted on a 14-count charge of stealing and criminal breach of trust to the tune of N109, 485,572,691.9.

But in his judgement on Thursday, July 28, 2022, the presiding judge, Justice Adeyemi Ajayi, adopted all the terms and conditions of the administrative bail the EFCC earlier gave the ex-AGF and his two co-defendants.

“In line with the due process and supremacy of the law, the Defendants are still entitled to bail, irrespective of the enormity of the allegations against them.

The EFCC did not in any of its processes, stated that the defendants misbehaved while on administrative bail”, Ajayi ruled.

Ajayi also ordered that the defendants shall not leave the Federal Capital Territory without permission of the court.

Justice Ajayi threatened to revoke the bail of any of them who fail to appear for trial.

The court also stated that the defendants shall sign an undertaken that they will abide by the bail conditions by the EFCC.

Justice Ajayi also orders that the defendants should not have and shall not procure alternate passports until the case is expensed, having deposited their original passports to the commission.

Ajayi gave the ruling on grounds that the allegations against the defendants are yet to be proven.

The trial began immediately after the ruling on bail.

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