Skip to main content

EFCC Re-Arraigns Kalu, Two Others On Alleged Fraud

About eight years after the case was stalled, the Economic and Financial Crimes Commission (EFCC) on Tuesday recommenced the trial of former Abia State Governor, Orji Uzor Kalu and two others.





Kalu, his ex-aide, Jones Udeogo, and the ex-governor’s company, Slok Nigeria Limited, were re-arraigned on a 34-count charge before a Federal High Court in Abuja.

Before the arraignment, Kalu and others had argued against the proceedings and urged the court to await the pending appeal by Slok before the Supreme Court.

Trial judge, Justice Anwuri Chikere, rejected the defendants’ objection to their arraignment and ordered that the charge be read out to them.

In the amended charge, Kalu and others were accused of diverting about N3.2billion from the Abia State Government’s treasury during his (Kalu) tenure as Abia State governor.

They pleaded not guilty when the charges were read out to them, following which the court granted them bail on the terms attached to the one granted them in April 2008 by Justice Adamu Bello (now retired).

The court adjourned to December 6 for the commencement of trial.

Comments

Popular posts from this blog

Security Alert; Bart Ransomware Bypasses Corporate Firewalls

A new ransomware variant has emerged that’s similar to widespread threats such as Dridex 220 and Locky Affid=3, but uses a security-evading technique that may allow it to attack organisations protected from other malware, according to computer security researchers. Ransomware has spread quickly in the last few months, as a number of payouts have attracted cyber-criminals to the technique.

Buhari Considers Hadiza Bala Usman As Head Of NPA

Nigerian Ports Authority (NPA) and the Minister of Transportation, Mr. Chibuike Amaechi, has submitted Ms. Hadiza Bala Usman’s name to President Muhammadu Buhari to take over as the new managing director of NPA, says Reporter.Should Buhari approve the recommendation, Ms. Bala Usman, 40, will become the first female chief executive of a top tier federal government agency and of the NPA. She shall take over from Alhaji Habib Abdullahi, who was reinstated by Buhari in August 2015 as the managing director of NPA, after he had been shown the exit by former President Goodluck Jonathan in April 2015.

Yahoo Fails To Reveal Buyer, Suffers £332m Loss In Q2

Yahoo has failed to update investors on the sale of its core internet business as it revealed it suffered a £332 million loss in its second quarter. Instead, CEO Marissa Mayer said that “progress” has been made on its strategic alternatives but failed to define what that subjective term meant. Yahoo saw a rise in revenue to $1.3 billion (£1bn) in the second quarter, with mobile revenue growing from £252 million to $378 million (£287m).