Alleged Money Laundering:Court remands ex-gov Shema in EFCC custody – Punch Newspapers

0
246


A Federal High Court sitting in Katsina on Tuesday ordered that the former Katsina State governor, Ibrahim Shema be remanded in EFCC custody until April 27, for alleged money laundering.

Shema is standing trial before the court for allegedly misappropriating about N5.7 billion SURE-P funds during his tenure.

The defendant is facing a 26-count bordering on fraud contrary to Section 15 (2d) of Money Laundering Prohibition Act, punishable under Section 15 sub (3) of the same Act.

Shema pleaded not guilty to the charges levelled against him.

During the proceedings, the defence counsel, Mr Emmanuel Ukala, told the court they had filed a bail for application on April 18.

He said that the defendant is a senior lawyer, former governor of Katsina State and his international passport is with the Federal Government of Nigeria.

The prosecution counsel, Mr Sam Olugunarisa, however, objected to…



Read More…..Punch Newspapers