Fraud: Court to rule on EFCC ₦212m suit against lawmaker June 15

N212m fraud: Court to rule in EFCC suit against Reps member

The Federal High Court sitting in Kaduna, on the matter of the alleged fraud against a serving legislator from Katsina, has postponed hearing of the case and delivery of judgment to June 15 and 16 respectively.

The case involves Mansur Ali Mashi, the House of Representatives member representing Mashi Dutsi federal constituency.

Mashi Dutsi, is charged in the case initiated by the Economic and Financial Crimes Commission with allegedly securing a loan through fraudulent means.

The EFCC told the court that Mashi acquired N212,439,552 from Sterling Bank using fake companies.

The offence violates Section 15(1) (b) and punishable under Section 16(1) (a) of the Failed Banks (Recovery of Debts) And Financial Malpractices in Banks Act.

Meanwhile, Mashi was docked along with four bank employees Hassan Usman (now deceased), Shehu Aliyu, Muazu Abdu, and Abdulmumini Mustapha.

The defendants, upon arraignment, pleaded not guilty and the matter consequently proceeded to trial.

The Federal High Court in Kaduna has reserved judgment in the case of alleged fraud against a serving lawmaker from Katsina.

The offence violates Section 15(1)(b) and punishable under Section 16(1)(a) of the Failed Banks (Recovery of Debts) And Financial Malpractices in Banks Act.

Mashi was docked alongside four bank officials, Abdulmumini Mustapha, Shehu Aliyu, Muazu Abdu and Hassan Usman (deceased).

The defendants, upon arraignment, pleaded not guilty and the matter consequently proceeded to trial.

In the case which has suffered setbacks due to elevation and retirement of the trial judges, the prosecution called six witnesses.

On Tuesday, prosecution counsel Douglas Gift and defence counsel A. D. Umar adopted their final written address.

However, the case was adjourned to June 15 and 16, 2023 for further hearing and judgment by Justice Sale Musa Shuaib.