Sunday, 6 December 2015

Finance Commissioner bags 10yrs for N51.5m scam

-Finance Commissioner bags 10yrs for N51.5m scam
By Our Reporter  /   December 6, 2015

Former Commissioner of Local Government Affairs in Adamawa State, John Elias Babani, was on Friday handed a 10-year jail term for alleged N51.1million scam.
 The judgement was delivered by Justice Bilkisu Bello Aliyu of the Federal High Court, Yola, Adamawa State, who stated that he defrauded Adamawa State government during his tenure.
 Babani was arraigned by the Economic and Financial Crimes Commission, EFCC, in March 2013, along with two others who were discharged on a four-count charge.
 Justice Aliyu sentenced the first convict, John Babani Elias to 10 years imprisonment on counts 3 and 4 but the two sentences will run concurrently. His company was equally found guilty.
 Further, Babani was to return/refund the sum of N51.5 million to Adamawa State local government joint account fund from where it was stolen.
 The judge also ordered the Corporate Affairs Commission, CAC, to wind up Al-Akim Investment Limited and have its assets forfeited to the federal government of Nigeria.
 Justice Aliyu said the judgment will serve as a deterrent to public office holders who may want to divert public funds for personal benefit.

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