The High Court of the Federal Capital Territory, Maitama, Abuja, on Tuesday dismissed corruption charges involving alleged mismanagement of about N115m public fund levelled against Mounir Gwarzo, the suspended Director-General of the Securities and Exchange Commission and Zakwanu Garuba, a commissioner of the commission,
The judge upheld the defendants’ no-case submission by dismissing the case mid-way into trial, as he held that the prosecution failed to lead credible evidence to warrant the two men to open their defence. Ruling separately on each of the five counts, three of which related to Gwarzo and two others to Garuba, the judge held, “No prima facie case has been made out by the prosecution in this count, the defendant is hereby discharged and acquitted on this count.”The ICPC had filed five counts accusing Gawarzo of receiving, between May and June 2015, the sum of N104,851,154.94 as severance benefit when he had yet to retire, resign or disengage from service; and also the sum of N10,983,488.
However, they both pleaded not guilty to the charges following which the prosecution called five witnesses to prove its case.
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