Ex-ABU VC, Bursar Arraigned For N1b Fraud

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The Economic and Financial Crimes Commission (EFCC) has arraigned a former Vice-Chancellor, Prof. Ibrahim Garba, and Bursar, Ibrahim Shehu Usman of Ahmadu Bello University (ABU), Zaria, Kaduna State.
eagleonline reports that the development was made known by the anti-graft agency in a series of tweets on its Twitter handle on Thursday.
Garba and Usman were charged on eight counts bordering on theft and money laundering to the tune of N1 billion before Justice A. A. Bello of the Kaduna State High Court.
The EFCC tweeted: “Professor Ibrahim Garba, and Ibrahim Shehu Usman, former Vice Chancellor and Bursar respectively of the Ahmadu Bello University, Zaria were today(Thursday) 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 a N1billion by the Kaduna Zonal Command of the Economic and Financial Crimes Commission.
“The arraignment followed months of a 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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