How EFCC docked Bala Mohammed’s son for N1.2bn fraud


The Economic and Finan­cial Crimes Commission (EFCC) on Wednesday ar­raigned Shamsudeen Bala, son of the former Minister of the Feder­al Capital Territory, Senator Bala Mohammed, before Justice Nnam­di Dimgba of the Federal High Court, Abuja, on a 15-count charge of money laundering to the tune of N1.2 billion.

The younger Bala is charged along with four companies – Bird Trust Agro Allied Limited, Inter­trans Global Logistic Limited, Diak­in Telecommunications Limited and Bal-Vac Mining Nigeria Limited.

Bala and Diakin Telecommu­nications Limited allegedly made cash payment of N74.244 million to Abuja Investment Company Limit­ed without going through a financial institution. The offence is in breach of Section 1 of the Money Laun­dering (Prohibition) Act, 2011 (as amended in 2012), the EFRCC said.

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The accused pleaded not guilty to the charges when they were read to him.

Upon his plea, the counsel to the EFCC, Ben S. Ikani, asked the court to fix a date for trial and for the remand of the accused in pris­on custody pending trial.

However, Bala’s counsel, Chris Uche (SAN) told the court that he had a pending application dated and filed January 27, 2017 praying for the release of the accused on bail. He said that aside the health chal­lenges faced by the accused, the EFCC had earlier granted him ad­ministrative bail which he had not breached. He urged the court to ad­mit him to bail on same conditions set by the EFCC assuring that, the accused would be available to stand his trial.

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Justice Dimgba adjourned rul­ing on the bail application to Feb­ruary 3 while fixing March 27 for commencement of trial.

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