Home Campus ReportsEx-ABU VC, bursar arraigned for N1b fraud

Ex-ABU VC, bursar arraigned for N1b fraud

by Yahaya Lekwot
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PROFESSOR Ibrahim Garba, and Ibrahim Shehu Usman, former Vice Chancellor and Bursar respectively of the Ahmadu Bello University, Zaria, have been arraigned by the Economic and Financial Crimes Commission (EFCC) over alleged money laundering.

In a statement yesterday, the EFCC said they were arraigned before Justice A.A Bello of the Kaduna State High Court on an eight count charge bordering on theft and money laundering to the tune of over N1billion.

The arraignment followed months of discreet investigation triggered by a petition accusing the duo of diverting monies meant for the renovation of the popular Kongo Conference Hotel, Zaria.

The investigation established that over one billion Naira was allegedly stolen from different accounts of the institution by the defendants and diverted into their private accounts.

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