The Economic and Financial Crimes Commission today April 24, 2018 arraigned the former governor of Katsina State, Ibrahim Shehu Shema before Justice Babagana Ashgar of the Federal High Court sitting in Katsina on a 26 count charge of Conspiracy and Money Laundering to the tune of N5,776,552,396 (Five Billion, Seven Hundred and Seventy Six Million, Five Hundred and Fifty Two Thousand, Three Hundred and Ninety Six Naira Only).
The Economic and Financial Crimes Commission, on Tuesday, April 24, 2018, moved an application before Justice M.S. Hassan of the Federal High Court sitting in Ikoyi, Lagos.seeking a final forfeiture of some properties and the sum of N 11,040,000.00 (Eleven Million, Forty Thousand Naira) belonging to Capt. Olotu Olumuyiwa Morakinyo, Capt. Ebony Emmanuel Aneke and Lakewood Garden Ventures Limited to the Federal Government.
Justice Babagana Ashgar of the Federal High Court sitting in Katsina has adjourned to tomorrow April 24, 2018 for the ruling on an application filed by a former governor of Katsina State, Ibrahim Shema challenging the competence of the charge filed against him by the Economic and Financial Crimes Commission and jurisdiction of court to try him.