The Economic and Financial Crimes Commission has arraigned Ademola Banu, a former commissioner for finance in Kwara, over alleged money laundering and misappropriation of state funds to the tune of N1.22 billion.
Banu was arraigned on Monday before Evelyn Anyadike, judge of the federal high court in Ilorin, Kwara state capital. He is alleged to have conspired to divert the funds during the administration of Abdulfatah Ahmed, former governor of Kwara, between May 2011 and May 2019, while serving as the commissioner for finance.
In a press statement on Tuesday, Dele Oyewale, EFCC spokesperson, said Banu was to be arraigned alongside the former governor on February 23 but was absent in court and had no legal representation.The court then issued a bench warrant against him upon an application by Rotimi Jacobs, counsel to the EFCC.At the resumed sitting, Ahmed and Banu, listed as the first and second defendants, respectively, were present in court.When the case was called, A. A.
Oyewole prayed the court to discharge the bench warrant earlier issued against his client, which the EFCC counsel did not oppose.Banu pleaded not guilty to the counts.Click on the link below to join TheCable Channel on WhatsApp for your Breaking News, Business Analysis, Politics, Fact Check, Sports and Entertainment News!
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EFCC Arraigns Kwara’s Ex-Finance Commissioner For N1.22bn FraudThe Latest News from Nigeria and Around the World
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