Shagari, 4 others arraigned for money laundering

EFCC

A Federal High Court, sitting in Sokoto has remanded the son of the second Republic President, Alhaji Mukhtar Shehu Shagari in prison custody over an accusation of money laundering.

Alhaji Mukhtar Shagari (in ash colour Babanriga) and others being excorted to thw prison

Alhaji Mukhtar Shagari (in ash colour Babanriga) and others being brought to the court in Sokoto

The Economic and Financial Crimes Commission (EFCC) arraigned Mukhtar, who is a former Minister of Water Resources Mukhtar, alongside four others over alleged conspiracy and money laundering to the tune of N50 million before Justice Idrissa Kolo of the Federal High Court Sokoto.

Thos arraigned alongside the one time Deputy Governor in Sokoto are Sen. Abdullahi Mohammed Wali, Ibrahim Gidado, Nasiru Dalhatu Bafarawa and Ibrahim Milgoma.

They were however denied bail after Justice Idrissa listened to the arguments exchanged between the parties.

The judge ordered that they are remanded in police custody till Thursday, 24th May 2018 for the hearing and determination of bail.

The anti-graft agency, in a statement signed by its spokesperson, Wilson Uwujaren, said the trouble started for accused after intelligence information was received that they received various sums from the $115 million allegedly disbursed by a former Minister of Petroleum Resources, Deizani Allison Madueke.

The money was said to have been shared among senior members of the Peoples Democratic Party (PDP) and officials of the Independent National Electoral Commission (INEC) to influence the outcome of the 2015 presidential election.

“The defendants allegedly benefitted the sum of N500,000,000 which was not distributed through any financial institution in flagrant violation of provisions of the Money Laundering Prohibition Act,” Uwujaren stated.

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All the defendants pleaded not guilty to the charge when it was read to them.

Prosecution counsel, Johnson Ojogbane, requested a date for trial in view of the plea of the defendants and also asked that the defendants be remanded in prison custody.

Counsel representing the first, third and fourth defendants, Ibrahim Abdulaziz, as well as counsel for the second and fifth defendants, Ibrahim Idris and L.A Abdulkadir respectively, applied for the bail of their clients pending the determination of the case.

Responding, Ojogbane confirmed that he was served with the various bail applications by the applicants but also reminded the court that he was only served May 21 and, therefore, needs time to respond.

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