Former Nigerian Lawmaker, 3 Bank Officials Convicted Over N212Million Fraud | Sahara Reporters

  • 📰 SaharaReporters
  • ⏱ Reading Time:
  • 51 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 63%

Law Law Headlines News

Law Law Latest News,Law Law Headlines

Justice Sale Musa Shuaibu of the Federal High Court, Kaduna on Thursday, convicted a former member of the House of Representatives, Mansur Ali Mashi on eight counts of conspiracy and obtaining by false pretences. Mashi, who represented Mashi Dutsi federal constituency, was convicted alongside three bank officials: Abdulmumini Mustapha, Shehu Aliyu and Muazu Abdu in a trial that lasted 12 years.

Mashi, who represented Mashi Dutsi federal constituency, was convicted alongside three bank officials: Abdulmumini Mustapha, Shehu Aliyu and Muazu Abdu in a trial that lasted 12 years.

Justice Sale Musa Shuaibu of the Federal High Court, Kaduna on Thursday, convicted a former member of the House of Representatives, Mansur Ali Mashi on eight counts of conspiracy and obtaining by false pretences.Mashi, who represented Mashi Dutsi federal constituency, was convicted alongside three bank officials: Abdulmumini Mustapha, Shehu Aliyu and Muazu Abdu in a trial that lasted 12 years.

The court however reserved sentencing for the two absentee defendants until they are arrested and brought before the court.The 2nd defendant Abdulmumin Mustapha who is the former branch manager of Sterling Bank was convicted on counts 1 to 15 and sentenced to five years imprisonment on each count without option of fine.The court further ordered the 2nd defendant to restitute Sterling Bank in the sum of N40,000,000 .

SaharaReporters.com is an outstanding, groundbreaking news website that encourages citizen journalists to report ongoing corruption and government malfeasance in Africa.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 9. in LAW

Law Law Latest News, Law Law Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Court convicts former lawmaker, others of N212 million fraud chargesEFCC accused the former lawmaker of using fictitious companies to obtain a loan facility of N212 million fraudulently.
Source: PremiumTimesng - 🏆 3. / 78 Read more »