Maimuna Aliyu
Court in Abuja, the Nigeria’s Federal Capital, has granted the former Executive Director of Aso Savings and Loans Plc, Maimuna Aliyu, bail in the sum of N10 Million over an alleged fraud amounting to over N57 Million.
This followed today, after the Independent Corrupt Practices and Other Related Offences Commission (ICPC), charged her to for the offence.
The Commission in a 3-count charge before Justice M. A. Nasir of the FCT High Court No 16 at Jabi, Abuja alleged that Maimuna used her position as the Executive Director of Aso Savings and Loans Plc, to confer corrupt advantage upon herself by receiving the sum of N57, 000,000 being the proceeds of the sale of three plots of land in Jahi District, Abuja and failing to remit the said amount to Aso Savings.
The ICPC also alleged that Maimuna Aliyu made false statement to officers of the Commission thereby contravening the provisions of Sections 19 and 25 of the Corrupt Practices and Other Related Offences Act, 2000 and punishable under the same Sections.
Maimuna Aliyu is also facing a charge of criminal breach of trust for allegedly diverting the sum of N57,000,000 to personal use, an offence that is contrary to Section 311 and punishable under Section 312 of the Penal Code.
She pleaded not guilty to all the charges even as her counsel, Mr. Joe Gadzama (SAN) in his bail application, requested the court to grant his client bail on self-recognition and also on the basis that she is a first offender. Hon. Justice M. A. Nasir, in her ruling granted the accused bail in the sum of N10 million and two sureties in like sum. She said that such sureties must be resident within the jurisdiction of the court.
The case was adjourned to March 12 for commencement of hearing.
