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Money laundering: Ex-Gov Shema remains in EFCC custody

Agency Report by Agency Report
April 24, 2018
in Top News
Money laundering: Ex-Gov Shema remains in EFCC custody
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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.

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The defendant is facing a 26-count charge 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 an application for bail on April 18.

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

The prosecution counsel, Mr Sam Olugunarisa, however, objected to the application, saying that the court could not take bail cognisance because the court did not assume jurisdiction, “it is not ripe at that stage.”

He said that the jurisdiction of court took effect at the time plea was taken.

“The application is premature” he said, urging the court to disregard it.

The defense counsel again moved oral bail application which was objected by the prosecution counsel.

The prosecution counsel still told the court that there was no room for double applications.

He urged the court to disregard the applications and send the defendant to prison.

Justice Babagana Ashigar, ordered that the defendant be remanded in EFCC facility until April 27, when the court would hear the written bail application.

Tags: EFCCEx-Gov Shemamoney launderingnewsNEXT EDITIONnigerian newspapers
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