The Economic and Financial Crimes Commission indicted former Vice Chancellor Professor Ibrahim Garba and Treasurer Ibrahim Usman of Ahmadu Bello University, Zaria, Kaduna State on eight counts bordering on theft and money laundering at the rate of N1. billion.
The anti-corruption commission revealed this on its Twitter page on Thursday.
The duo were arraigned before Judge AA Bello of the Kaduna State High Court by the EFCC’s Kaduna Zonal Command.
According to the commission, the indictment followed months of low-key investigation sparked by a petition accusing Garba and Usman of diverting money earmarked for the renovation of the popular Kongo Conference Hotel, Zaria, from various accounts belonging to the institution to their private accounts.
The EFCC wrote: “Prof Ibrahim Garba and Ibrahim Shehu Usman, former Vice Chancellor and Treasurer respectively of Ahmadu Bello University, Zaria, were indicted today (Thursday) before Judge AA Bello of Kaduna State High Court for eight counts bordering on robbery and money laundering in the amount of more than one billion dollars by the Kaduna Zonal Command of the Economic and Financial Crimes Commission.
“The arraignment followed months of low-key investigation sparked by a petition accusing the duo of diverting money earmarked for the renovation of the popular Kongo Conference Hotel, Zaria.
“The investigation established that the defendants allegedly stole more than 1 billion naira from different accounts of the institution and diverted it to their private accounts.”
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