The Economic and Financial Crimes Commission (EFCC) has arraigned Bauchi State Commissioner for Finance, Yakubu Adamu, before a Federal High Court in Abuja over alleged money laundering offences involving N5.7 billion. Adamu pleaded not guilty to a six-count charge bordering on money laundering.
The EFCC alleges Adamu, alongside others, conspired to launder N4.65 billion meant for motorcycle supply to Bauchi State Government, which was never executed. The funds were allegedly diverted through Emmanuel Asomugha General Enterprises and other accounts.
Justice Emeka Nwite adjourned the case to January 2, 2026, for ruling on Adamu’s bail application, and remanded him in EFCC custody.
Source:
Lazeera News- We Listen!
Via:
Lazeeranews
