Fraud: Court To Rule On EFCC ₦212m Suit Against Lawmaker June 15

The Federal High Court sitting in Kaduna, on the matter of the alleged fraud against a serving legislator from Katsina, has postponed hearing of the case and delivery of judgment to June 15 and 16 respectively.

Mansur Ali Mashi, a member of the House of Representatives who represents the Federal Constituency of Mashi Dutsi, is charged in the case initiated by the Economic and Financial Crimes Commission with allegedly securing a loan through fraudulent means.

The EFCC told the court that Mashi acquired N212,439,552 from Sterling Bank using fake companies.

The offence, the anti-graft agency informed violates Section 15(1)(b) and is punishable under Section 16(1)(a) of the Failed Banks (Recovery of Debts) And Financial Malpractices in Banks Act.

Meanwhile, Mashi was docked along with four bank employees: Hassan Usman (now deceased), Shehu Aliyu, Muazu Abdu, and Abdulmumini Mustapha.

Upon arraignment, the defendants pleaded not guilty and the matter proceeded to trial subsequently.

However, the case was adjourned to June 15 and 16, 2023 for further hearing and judgment by Justice Sale Musa Shuaib.

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