• Latest
  • Trending
  • All
EFCC Arrests Popular TikTok Influencer Over Naira Abuse

N5.78 Fraud: EFCC Presents More Witnesses Against Former Kwara Governor

July 22, 2025
Global Clusters Launches SparkHubs in Surulere to Boost Youth Digital Literacy

Global Clusters Launches SparkHubs in Surulere to Boost Youth Digital Literacy

March 10, 2026
Alpha Morgan Bank Gets CBN Capitalisation Nod, Sets for More Growth

Alpha Morgan Bank Gets CBN Capitalisation Nod, Sets for More Growth

March 8, 2026
Zenith Bank Urges Women to Rise to Leadership, Growth at 2026 International Women’s Day Seminar

Zenith Bank Urges Women to Rise to Leadership, Growth Ahead 2026 International Women’s Day Seminar

March 4, 2026
IWD 2026: Ecobank Revamps ‘Ellevate’ Programme to Accelerate Growth for Women Entrepreneurs

IWD 2026: Ecobank Revamps ‘Ellevate’ Programme to Assist Women Entrepreneurs

March 4, 2026
Nigeria Customs Showcases Data-Driven Reforms, Gains at WCO Forum

Nigeria Customs Showcases Data-Driven Reforms, Gains at WCO Forum

March 3, 2026
LASTMA Deploys Drones, AI to Slash Emergency Response Time on Lagos Roads

LASTMA Deploys Drones, AI to Slash Emergency Response Time on Lagos Roads

March 3, 2026
“We Didn’t Start This War, Iran Rejected Deals": Why US Started Operation Epic Fury

“We Didn’t Start This War, Iran Rejected Deals”: Why US Started Operation Epic Fury

March 2, 2026
From B-2 Bombers to Cyber Warfare: Inside America’s Most Coordinated Strike on Iran

From B-2 Bombers to Cyber Warfare: Inside America’s Most Coordinated Strike on Iran

March 2, 2026
“If You Kill Americans, We Will Hunt You Down”: Trump Draws Red Line in Explosive Iran War Briefing

“If You Kill Americans, We’ll Hunt You Down”: Trump Draws Red Line in Explosive Iran War Briefing

March 2, 2026
Oil Shock Looms! How US-Iran Showdown Could Rattle Global Economy

Oil Shock! How US-Iran Showdown Could Rattle Global Economy

March 2, 2026
Union, Polaris Bank CEOs, Others Get NICA Fellowship

Union, Polaris Bank CEOs, Others Get NICA Fellowship

March 2, 2026
Lagos CP Leads Personnel to Restore Normally at Oto-Ijanikin

Lagos CP Leads Security Operation to Restore Calm in Oto-Ijanikin

March 1, 2026
Wema Bank Unveils Top 10 Nominees For women Award 

Wema Bank Unveils Top 10 Nominees For Women-Focused Award 

March 1, 2026

What Primate Ayodele Said About US-Israel-Iran Conflict

March 1, 2026
AFC, ECOBANK, for 234 Arts Fair

AFC, Ecobank, Soto Gallery Join Forces For 3rd Art Fair in Lagos

March 1, 2026
2027 Ogun Governorship: Why Gboyega Nasir Isiaka GNI Fits the Moment

2027 Ogun Governorship: Why Gboyega Nasir Isiaka (GNI) Fits the Moment

March 1, 2026
Thursday, March 12, 2026
  • Login
  • News
  • Business
  • Politics
  • Crime
  • Entertainment
  • Featured
  • Icons
  • Opinion
  • World
  • Tech
No Result
View All Result
No Result
View All Result
  • News
  • Business
  • Politics
  • Crime
  • Entertainment
  • Featured
  • Icons
  • Opinion
  • World
  • Tech
Home News

N5.78 Fraud: EFCC Presents More Witnesses Against Former Kwara Governor

by Reporter theconscienceng
July 22, 2025
in News, Trending
0
EFCC Arrests Popular TikTok Influencer Over Naira Abuse

EFCC

Share on FacebookShare on Twitter
Share on Facebook Share
Share
Share on Twitter Share
Share
Share on Linkedin Share
Share
IMG 20250317 WA0014
EFCC

N5.78 Fraud: EFCC Presents More Witnesses Against Former Kwara Governor

THECONSCIENCE NG reports that The Ilorin Zonal Directorate of the Economic and Financial Crimes Commission (EFCC) has presented additional witnesses in the ongoing trial of former Kwara State Governor, Mallam Abdulfatah Ahmed, and his Commissioner for Finance, Ademola Banu, over an alleged N5.78 billion fraud.

At the resumed hearing before Justice Mahmud Abdulgafar of the Kwara State High Court in Ilorin yesterday, the sixth prosecution witness testified that officials of the State Universal Basic Education Board (SUBEB) raised vouchers for a N1 billion loan.

The witness, Suleiman Oluwadare Ishola, who was the state’s Accountant-General from 2013 to 2019, had earlier testified on Friday, April 11, 2025.

He told the court that the N1 billion, a UBEC matching grant, was borrowed by the Ahmed administration in 2015 to pay civil servants and pensioners.

READ MORE:  Nigerians Attack EFCC Over Indiscriminate Arrests

Ishola said none of the defendants authorised the vouchers nor received any direct payments from the borrowed funds.

His account corroborated the earlier testimony of Barrister Lanre Daibu, a former SUBEB Chairman, who confirmed that the state government had formally approved the use of the UBEC matching grant for salary payments.

Under cross-examination by defence counsels J.A. Mumini and Gboyega Oyewole (SANs), representing Ahmed and Banu, respectively, called their seventh witness (PW7), Stanley Ujilibo, an Assistant Commander of the EFCC and a member of the investigation team.

Led in evidence by prosecution counsel, Rotimi Jacobs (SAN), Ujilibo narrated the sequence of events that led to the prosecution of the defendants.

READ MORE:  Lekki Tenants Slam Greenbirch Over Alleged Harassment, Disturbances

He said that the EFCC received a petition on April 17, 2024, from Akande Idowu Ayoola, Director of Public Prosecution (DPP), on behalf of the Kwara State Attorney General and Commissioner for Justice, alleging the diversion of UBEC funds meant for educational infrastructure across the state’s 16 local government areas.

However, an Assistant Director at UBEC, Hassan Abubakar, submitted action plans for the 2013–2015 fiscal years, including contractor’s names and project costs.

Ujilibo explained that states are required to provide a 50 per cent counterpart fund to access UBEC matching grants, and that project proposals must first be defended before a UBEC committee before funds are disbursed.

He further testified that the EFCC invited several key officials, Lanre Daibu; SUBEB’s Director of Physical Planning, Engr. Abdulsalam Olarewaju, former SUBEB Permanent Secretary, Dr. Musa Dasuki, Accountant-General Ishola, and the then Permanent Secretary, Ministry of Finance, Mr. Benjamin Fatigun, all of whom gave voluntary statements.

READ MORE:  Lagos Set to Boost Electricity Supply with Innovations

The EFCC also obtained financial records from Polaris Bank and Guaranty Trust Bank, both of which managed SUBEB accounts, to trace the flow and application of the UBEC funds.

Ujilibo confirmed that both defendants were invited and gave statements voluntarily in the presence of their legal representatives.

The court admitted these extra-judicial statements as exhibits, with no objection from the defence.

The case was adjourned to October 16 and 17, 2025, for further hearing.

Share this:

  • Share on X (Opens in new window) X
  • Share on Facebook (Opens in new window) Facebook
  • Share on WhatsApp (Opens in new window) WhatsApp

Like this:

Like Loading...

Related

Tags: EFCC
ShareTweet
Previous Post

Reps Approve ₦1.48tr Rivers 2025 Budget, Cut CCTV, Gunboat Funds

Next Post

Wike Backs Edo Governor Over Peter Obi Visit Protocol

Reporter theconscienceng

Reporter theconscienceng

Related Posts

Global Clusters Launches SparkHubs in Surulere to Boost Youth Digital Literacy
News

Global Clusters Launches SparkHubs in Surulere to Boost Youth Digital Literacy

by TheConscience NG
March 10, 2026
Alpha Morgan Bank Gets CBN Capitalisation Nod, Sets for More Growth
Business

Alpha Morgan Bank Gets CBN Capitalisation Nod, Sets for More Growth

by TheConscience NG
March 8, 2026
Zenith Bank Urges Women to Rise to Leadership, Growth at 2026 International Women’s Day Seminar
Business

Zenith Bank Urges Women to Rise to Leadership, Growth Ahead 2026 International Women’s Day Seminar

by TheConscience NG
March 4, 2026
IWD 2026: Ecobank Revamps ‘Ellevate’ Programme to Accelerate Growth for Women Entrepreneurs
News

IWD 2026: Ecobank Revamps ‘Ellevate’ Programme to Assist Women Entrepreneurs

by TheConscience NG
March 4, 2026
Nigeria Customs Showcases Data-Driven Reforms, Gains at WCO Forum
News

Nigeria Customs Showcases Data-Driven Reforms, Gains at WCO Forum

by TheConscience NG
March 3, 2026
LASTMA Deploys Drones, AI to Slash Emergency Response Time on Lagos Roads
News

LASTMA Deploys Drones, AI to Slash Emergency Response Time on Lagos Roads

by TheConscience NG
March 3, 2026
Next Post
Wike Announces New FG Plans for Judges

Wike Backs Edo Governor Over Peter Obi Visit Protocol

No Result
View All Result

Recent Posts

  • Global Clusters Launches SparkHubs in Surulere to Boost Youth Digital Literacy
  • Alpha Morgan Bank Gets CBN Capitalisation Nod, Sets for More Growth
  • Zenith Bank Urges Women to Rise to Leadership, Growth Ahead 2026 International Women’s Day Seminar
  • IWD 2026: Ecobank Revamps ‘Ellevate’ Programme to Assist Women Entrepreneurs
  • Nigeria Customs Showcases Data-Driven Reforms, Gains at WCO Forum

Get the latest news on the go!

Enter your email address

© 2025 TheConscience NG

TheConscience NG

  • About
  • Contact Us
  • Privacy-Policy
  • Terms and Conditions
  • TheConscienceNg.com | Breaking & Verified Nigerian News on the go!

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
X
Subject:
Message:
Ajax loader
No Result
View All Result
  • News
  • Business
  • Politics
  • Crime
  • Entertainment
  • Featured
  • Icons
  • Opinion
  • World
  • Tech

© 2025 TheConscience NG

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Share with friends
Share on Facebook Share
Share
Share on Twitter Share
Share
Share on Linkedin Share
Share
%d