Ex ABU vice chancellor, Bursar arraigned for alleged theft of N1bn

A former vice-chancellor, Ahmadu Bello University, Zaria, Professor Ibrahim Garba and the bursar, Ibrahim Usman, have been arraigned on eight counts by the Economic and Financial Crimes Commission (EFCC) for alleged theft and money laundering to the tune of N1 billion.

The duo were arraigned before Justice A.A. Bello of the Kaduna State High Court by the Kaduna Zonal Command of the EFCC, the agency tweeted.

A petition accusing Garba and Usman of diverting monies meant for the renovation of the popular Kongo Conference Hotel, Zaria, from various accounts belonging to the institution into their private accounts followed months of careful investigation before the arraignment by the commission.

The EFCC stated that they were on Thursday arraigned before Justice A.A. Bello of the Kaduna State High Court on an eight-count bordering on theft and money laundering to the tune of over N1billion by the Kaduna Zonal Command of the Economic and Financial Crimes Commission.

The commission said, “The arraignment followed months of a discreet investigation triggered by a petition accusing the duo of diverting monies meant for the renovation of the popular Kongo Conference Hotel, Zaria.”

The investigation established that over one billion naira was allegedly stolen from different accounts of the institution by the defendants and diverted into their private accounts.