A Federal High Court Sitting in Kaduna has remanded one Abdulrasheed Baba Ahmed, a former Director of Finance and Administration, Ministry of Justice, over one hundred and ninety million, four hundred and forty four thousand naira (N190,444) fraud.
The Economic and Financial Crimes Commission, EFCC, arraigned Abdulrasheed on a two count charge bordering on Money Laundering and Retention of Proceeds of a Criminal Conduct.
He allegedly collected the sum from the Ali Akilu Road branch of Fidelity Bank in March 2015 which also formed part of the Federal Government’s funds diverted by the former Minister of Finance, Diezani Alison Madueke.
The ex-director however, pleaded not guilty to the charges.
Ruling, Justice S.M Shuaibu, refused an oral application for bail of the accused insisting that a formal application be filed before the Court. He directed that the accused be remanded in prison custody.
Joshua Saidi, prosecution counsel, asked for a date for commencement of trial.
The case was adjourned till June 6, 2018 for hearing of bail application.