• Contact Us
  • About Us
Tuesday, July 7, 2026
  • Login
MetroBusinessNews
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
MetroBusinessNews
No Result
View All Result
ADVERTISEMENT
Home News

Money Laundering: Ex-Gov Shema remains in EFCC custody

metro by metro
April 24, 2018
in News
0
0
SHARES
0
VIEWS
Ibrahim Shema
Ibrahim Shema

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.

Read Also

PSC Dismisses Four Senior Police Officers Sanctions 31 Others

Tinubu Orders ICPC Probe Into Fake Presidential Agency Within 30 Days

Gbajabiamila-Adeyemi Saga: Why NASS Appropriated N1.3bn For Fake Agency-Senate Spokesperson

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.

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

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

He said that the jurisdiction of court takes effects at the time plea is 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: EFCCIbrahim ShemaMoney Laundering
Previous Post

Payment of $462m for fighter jets, impeachable offence, Reps tell Buhari

Next Post

CBN injected $210 mln into currency market

Related Posts

PSC Dismisses Four Senior Police Officers Sanctions 31 Others
News

PSC Dismisses Four Senior Police Officers Sanctions 31 Others

July 7, 2026
Tinubu’s Government Orders Sale Of IBEDC, 4 Other Discos Within 90 Days
News

Tinubu Orders ICPC Probe Into Fake Presidential Agency Within 30 Days

July 7, 2026
‘They Are After My Life, I’m Not Safe’ – Alleged Fake Presidential Council Boss Breaks Silence From Hiding
Companies and Markets

Gbajabiamila-Adeyemi Saga: Why NASS Appropriated N1.3bn For Fake Agency-Senate Spokesperson

July 7, 2026
Senate Passes Bill For State Police Amid Fears Over Funding, Federalism Gaps
News

Senate Rejects Pardon, Rehabilitation For Boko Haram, Other Criminals

July 7, 2026
Next Post
CBN

CBN injected $210 mln into currency market

Messi Scores As Argentina Complete Stunning Comeback To Beat Egypt 3-2 To Reach World Cup Quarter-Finals

Messi Scores As Argentina Complete Stunning Comeback To Beat Egypt 3-2 To Reach World Cup Quarter-Finals

July 7, 2026
PSC Dismisses Four Senior Police Officers Sanctions 31 Others

PSC Dismisses Four Senior Police Officers Sanctions 31 Others

July 7, 2026
US Excludes Nigeria, 17 Other Countries From 2025 Visa Lottery Scheme

Oil Jumps After Settlement As US Revokes General License For Iran Oil Sales

July 7, 2026
MetroBusinessNews

© 2022 Metro Business News

Navigate Site

  • Contact Us
  • About Us

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate

© 2022 Metro Business News

Go to mobile version