N341m Fraud: Court Grants Ex Minister, Wakil, Four others Bail

Justice Muhammad Tanko Salihu of the Federal High Court sitting in Maiduguri, Borno State, on Thursday, July 5, 2018 granted bail to a former minister, Muhammad Wakil, Garba Abacha, Ibrahim Shehu Birma, Dr. Abubakar Ali Kullima and Engr. Muhammad Baba Kachalla.

Wakil was a former Minister of State for Power while the four defendants were political aspirants during the 2015 general elections.

The Commission is prosecuting the defendants on a-7 count charge  of criminal conspiracy to commit Money Laundering to the tune of over N 341m.

They are alleged to have participated in the receipt and sharing of the largesse from ‎Mrs. Diezani Alison Madueke disbursed $115m to influence the outcome of the 2015 general election.

Ruling on the bail application today, Justice Salihu admitted the defendants to bail in the sum of N 10m each with two sureties in the sum of N5m each. The sureties must have a landed property within or outside the jurisdiction of the court worth the amount of their suretyship.

Count one reads: “That you, Hon. Muhammad Wakil, Garba Abacha, Ibrahim Shehu Birma, Dr. Abubakar Ali Kullima and Engr. Muhammad Baba Kachalla on or about the 26th day of March, 2015 at Maiduguri, Borno State within the jurisdiction of this Honourable Court, did agree among yourselves to do an illegal act, to wit: conspiracy to commit Money Laundering and thereby committed an offence contrary to and punishable under section 18(a) of the Money Laundering (Prohibition) Act, 2011 (As Amended)”. 

The case has been adjourned to November 1, 2018 for trial.

                         Media and Publicity
                            5 July, 2018