Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,207,939 members, 8,000,868 topics. Date: Tuesday, 12 November 2024 at 04:58 PM |
Nairaland Forum / Nairaland / General / Politics / Court Dismisses N40 Billion Fraud Case Against Former Speaker Bankole (570 Views)
N13 Billion Fraud: Court Orders Immediate Arrest Of Niger Delta Militant Tompolo / Supreme Court Dismisses Wike’s Suit Against Tribunal / Jimoh Ibrahim Plans To Assassinate Me For Exposing N35.5 Billion Fraud" - Sahara (2) (3) (4)
(1) (Go Down)
Court Dismisses N40 Billion Fraud Case Against Former Speaker Bankole by mufc009(m): 2:33pm On Jan 31, 2012 |
By SaharaReporters, New York Justice Suleiman Belgore of the Abuja High Court today dismissed the corruption charges brought against former speaker of the House of Representatives and his deputy. The judge ruled that Economic and Financial Crimes Commission (EFCC) had not brought a solid case against the duo and ruled that they have no case to answer. The controversial ruling has set free the former Speaker of the House of Representatives, Dimeji Bankole and his deputy, Usman Bayero Nafada of complicity in the N40 billion loan scam. Justice Belgore told a bewildered courtroom today that the actions of the former speaker of the house who used the account of house to obtain personal bank loans were morally wrong but not criminal. He further stated that the offences of misappriation of public funds should be heaped on the clerk and not the former speaker of the house and his deputy. EFCC sources told Saharareporters that they had expected today's ruling because throughout his arrest and incarceration, the former speaker refused to be interrogated and persistently boasted that he would be acquitted eventually. Bankole looted the accounts of the House of Representatives as speaker using the public account to borrow money from the banks, which were eventually laundered to buy choice properties at giveaway prices. Through such acts of money laundering his family is the proud owner of the NITEL building in Lagos as well as his former residence which was sold to him for meager N40 million. |
Re: Court Dismisses N40 Billion Fraud Case Against Former Speaker Bankole by chidozman(m): 2:45pm On Jan 31, 2012 |
A country under siege! Smh, ‘padi—padi’ government . |
Re: Court Dismisses N40 Billion Fraud Case Against Former Speaker Bankole by mukina2: 2:54pm On Jan 31, 2012 |
(1)
Aboki Haraam Is Now Recruiting! / How Local Militia Killed Two In Southern Kaduna - It Is Brewing Again / Time To Enjoy Ice Prince Zamani And Wizboy. Hiphop And Highlife Combo Jare.
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 9 |