Connect with us

Breaking News

Court Convicts Ex-Power Minister Over N33.8bn Fraud Case

 

A Federal High Court in Abuja has convicted former Minister of Power, Engr. Saleh Mamman, on money laundering charges linked to the alleged diversion of public funds amounting to N33.8 billion.

 

Delivering judgment on Thursday, Justice James Omotosho ruled that the Economic and Financial Crimes Commission (EFCC) proved the allegations contained in the 12-count amended charge beyond reasonable doubt.

 

Mamman was absent from court when the judgment was delivered.

 

According to the judge, evidence presented by the prosecution showed that at least N22 billion was diverted through transactions involving the former minister and his associates.

 

“The prosecution has established that, at least, N22 billion was siphoned by the defendant and his cronies,” Justice Omotosho said.

 

“This is sufficient to sustain the charge. Consequently, the defendant is hereby convicted on Count One of the charge.”

 

The court also held that the defence failed to discredit the prosecution’s evidence or provide convincing counterarguments during the trial.

 

Mamman served as Minister of Power under former President Muhammadu Buhari’s administration. The EFCC had accused him of laundering funds meant for the Mambilla Hydroelectric Power Project.

 

Sentencing is expected to follow after the conclusion of proceedings.

Continue Reading
Click to comment

Lets us know what you think

0 Comments
Inline Feedbacks
View all comments
Advertisement

Trending

Solakuti.com

Discover more from Solakuti.com

Subscribe now to keep reading and get access to the full archive.

Continue reading

0
Would love your thoughts, please comment.x
()
x