Money Laundering case : Bauchi Accountant General Granted Bail



The Federal High Court in Abuja has granted ₦200 million bail each to Sirajo Muhammad Jaja, the Accountant General of Bauchi State, and Aliyu Abubakar, following their arraignment on serious money laundering charges brought by the Economic and Financial Crimes Commission (EFCC).

Justice Obiora Egwuatu approved the bail under strict conditions after the EFCC accused the duo, alongside Jasfad Resources Enterprise (a Bureau de Change), of conspiring to launder Bauchi State Government funds. Between August and December 2024, the accused allegedly diverted public funds from the Bauchi State Sub-Treasury Account into the private account of Jasfad Resources, violating the Money Laundering (Prevention and Prohibition) Act, 2022.

This high-profile case adds to growing concerns over financial mismanagement in state institutions and the effectiveness of anti-corruption efforts in Nigeria.

SUBSCRIBE to our YouTube channel: http://youtube.com/newscentraltvafrica for more videos

Follow News Central on:
Facebook: https://www.facebook.com/NewsCentralAfrica
Twitter: https://twitter.com/NewsCentralTV
Instagram: https://www.instagram.com/newscentraltv
LinkedIn: https://www.linkedin.com/company/18775091/admin/feed/
Threads: https://www.threads.net/@newscentraltv
TikTok: https://www.tiktok.com/@newscentraltv
For more content, go to: https://newscentral.africa

#NewsCentral #Nigeria #Politics #AfricaFirst #Africa #News #WestAfrica #ECOWAS #Government #Governance

source

Corruption Buzz

Share
Published by
Corruption Buzz

Recent Posts

How corruption fuels pandemics – World Wildlife Fund

How corruption fuels pandemics  World Wildlife Fund Source link

37 minutes ago

LA Crips gangster who advertised $2.8 million bank fraud on Instagram learns fate – New York Post

LA Crips gangster who advertised $2.8 million bank fraud on Instagram learns fate  New York Post…

57 minutes ago

Mpumalanga official dismissed over COVID-19 PPE corruption – South African Government News Agency

Mpumalanga official dismissed over COVID-19 PPE corruption  South African Government News Agency Source link

2 hours ago

Motown Sports Village promoter charged in alleged multi-million dollar wire fraud scheme in Romulus – ClickOnDetroit | WDIV Local 4

Motown Sports Village promoter charged in alleged multi-million dollar wire fraud scheme in Romulus  ClickOnDetroit |…

2 hours ago

Fannin County prison employee arrested, facing bribery charge – KXII

Fannin County prison employee arrested, facing bribery charge  KXII Source link

3 hours ago

Promoter charged in alleged multi-million dollar wire fraud scheme – ClickOnDetroit | WDIV Local 4

Promoter charged in alleged multi-million dollar wire fraud scheme  ClickOnDetroit | WDIV Local 4 Source link

3 hours ago