Home Latest News Money Laundering: Court remands Shagari, 4 others in EFCC costody

Money Laundering: Court remands Shagari, 4 others in EFCC costody

Money Laundering: Court remands Shagari, 4 others in EFCC costody

FRIDAY OBOH, Sokoto

The Federal High Court sitting in Sokoto Tuesday remanded former Minister of Water Resources and deputy governor of sokoto state Barister Mukhtari Shagari and 4 others in EFCC custody until Thursday May 24 for the consideration of their bail application before the court.

They were arraigned before the court Tuesday by the Economic and Financial Crimes Commission EFCC on alledged five-count charge of conspiracy and money laundering to the tune of N500 million.

The others charged along with the ex-minister are: Ibrahim Gidado, Nasiru Dalhatu, Ibrahim Milgoma and Abdullahi Mohammed Wali, all members of the Peoples Democratic Party PDP.

The defendants are alleged to have participated in the sharing of the $115million largesse from former minister of petroleum resources, Diezani Madueke intended to influence the outcome of the 2015 presidential election.

Adjourning the case after hearing from both the Prosecution and Defendants counsels Justice Saleh Kogo Idrissa said he would take decision on the bail application of the accused persons onthe adjourned date alhough they have been on the EFCC adminitrative bail since 2016.

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