Alleged Fraud: Court Jails Ex-Finance Director Of Niger Delta Ministry

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Alleged Fraud: Court Jails Ex-Finance Director Of Niger Delta Ministry

A Federal High Court sitting in the has sentenced a former Finance Director of the Niger Delta Ministry, Mr. Ayinla Abibu, to a one-year jail term.In a statement by the Spokesperson for the commission, Mrs. Azuka Ogugua, states the convict was charged by the Independent Corrupt Practices and Other Related Offences Commission for embezzling the sum of N60 Million from the Federal Government through the use of a front company, Zeocat Nigeria Limited, in March 2014.

The 60-year-old convict was said to have used the proceeds of the fraud to acquire a house in Ogbomosho, Oyo state, and plots of land in Kubwa and Bwari of the Federal Capital Territory Abuja.

 

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