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NEWS UPDATE: Alleged N29bn fraud: You have case to answer – Court tells ex-Gov Nyako, others

Former Adamawa State Governor, Admiral Murtala Nyako (rtd), and three others have lost their offers to stop the N29 billion debasement allegations brought against them by the Federal Government.

A Federal High Court sitting in Abuja, on Monday excused the no-case accommodation recorded by the previous lead representative and his child Abdul Aziz Nyako for ailing in merit

Justice Okon Abang in the decision held that the Federal Government has effectively settled a by all appearances argument against them and as such have a case to reply in the charges against them.

The judge requested them to promptly document their guard in the 37-count contract trick brought as a detriment to them by the Economic and Financial Crimes Commission, EFCC, in the interest of the Federal Government.

Alleged fraud: Ex-Adamawa Gov, Nyako, others to know fate July 19

Justice Abang said that he had meticulously, cautiously, smoothly and completely investigated the proof of the 21 observers who affirmed against them and gigantic displays offered against them and arrived at the resolution that they have a few clarifications to bring to the table in the charges against them.

The previous lead representative and his co-litigants were given till October 4 to document their safeguard to the criminal accusations against them.

The EFCC is indicting the previous lead representative and his child, Abdul-Aziz; two organizations, Sebore Farms and Extension Ltd and Pagado Fortunes Ltd, over tax evasion offences.

Other respondents are Zulkifik Abba, Abubakar Aliyu, Blue Opal Ltd, Tower Assets Management Ltd and Crust Energy Ltd.

The EFCC had summoned them on a 37-check charge of criminal intrigue, taking, maltreatment of office and cash laundering.

The preliminary started in 2015 and has waited till date.
All the litigants had requested that the court maintain their applications for no case on the ground that they were not connected with the charges brought against them.

Details later..

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