Alleged N27b fraud: Ex-Gov Isiaku remains in custody as court defers bail

The hearing of the bail application of former governor of Taraba State, Mr Darius Ishaku, who is facing fraud allegation has been deferred by a Federal High Court in Abuja, till Thursday.

The bail application was slated for hearing after the Economic and Financial Crimes Commission, EFCC, on Monday, September 30, 2024, arraigned Ishaku and former permanent secretary, Bureau for Local Government and Chieftaincy Affairs in the state, Bello Yero, before Justice S. C Oriji of the Federal Capital Territory High Court, Maitama, Abuja.

Both are being prosecuted on a 15-count charge, bordering on criminal breach of trust, conspiracy and conversion of public funds in the state to the tune of N27, 000,000,000.00 (Twenty Seven Billion Naira).

One of the charges reads: “That you Darius Dickson Ishaku whilst being the governor of Taraba State and Bello Yero whilst being the Permanent Secretary, Bureau for Local Government and Chieftaincy Affairs, Taraba State between July, 2015 and May, 2019 in Abuja, within the jurisdiction of this Honourable Court, and in such capacity entrusted with dominion over certain property, to wit: an aggregate sum of N1, 138, 082, 097.71 (One Billion, One Hundred and Thirty-Eight Million, Eighty-Two Thousand, Ninety- Seven Naira, Seventy-One Kobo), which sum formed part of the 2.5% contingency fund belonging to Bureau of Local Government and Chieftaincy Affairs, Taraba State committed criminal breach of trust in respect of the said property, when you dishonestly diverted the said sum to your own use and you thereby committed an offence contrary to Section 315 of the Penal Code Act, Cap 532, Laws of the Federal Capital Territory of Nigeria 2007 and punishable under the same section.”