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Monday, November 18, 2024

Former ABU VC, one other arraigned over over money laundering

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A former Vice Chancellor of the Ahmadu Bello University (ABU), Professor Ibrahim Garba, and the university’s former Bursar, Ibrahim Shehu Usman, were today arraigned by the Economic and Financial Crimes Commission (EFCC) over alleged money laundering and fraud.

Arraigned before Justice A. A Bello of the Kaduna State High Court, the duo are held on an eight-count charge bordering on theft and money laundering to the tune of over N1billion by the Kaduna Zonal Command of the EFCC.

According to the Anti Corruption Commission, the arraignment followed months of 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 allegedly established that over one billion Naira was allegedly stolen from different accounts of the institution by the defendants and diverted into their private accounts.

The former Vice Chancellor, Prof Ibrahim Garba proceeded on terminal leave and handed over to the Deputy Vice Chancellor (Academic), Prof Danladi Ameh in a rocky ending to his five year term as the university’s head in 2020.

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