Home NEWS CRIME EFCC Drags Ex ABU VC, Bursar, To Court Over N1 Billion Theft,...

EFCC Drags Ex ABU VC, Bursar, To Court Over N1 Billion Theft, Money Laundering

The Economic and Financial Crime Commission (EFCC) has dragged a former Vice-Chancellor of the Ahmadu Bello University (ABU), Zaria in Kaduna state, Professor Ibrahim Garba and bursar, Ibrahim Shehu Usman before a Kaduna State High Court for allegedly stealing over one billion naira.

In a statement today, January 12, the EFCC said that the duo are standing trial on an eight-count charge bordering on theft and money laundering to the tune of over N1 billion, adding that they were arrested after petitions were written against them.

The commission said that its operatives conducted a discreet investigation for months which was triggered by the petition.

The funds, according to the EFCC, were earmarked for the renovation of the popular Kongo Conference Hotel, Zaria.

It said that its investigations established that over N1 billion was stolen from different accounts of the institution by the defendants and diverted into their private accounts.

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