SMEDAN Boss arrested for N107.7m Fraud

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The Economic and Financial Crimes Commission (EFCC) on Tuesday, April 9, 2019, arrested previous Director-General of SMEDAN, Bature Umar Masari under the steady gaze of a Federal High Court in Abuja, following his supposed association in N107.7million money laundering and other proceeds of gratification.

The EFCC is arraigning Masari on a 17-tally charge of money laundering before Justice Okon Abang. At the point when the charge was read to Masari on Tuesday, he pleaded not guilty to the supposed financial wrongdoing while his legal counselor, Mr. A. Magaji (SAN), asked the court to concede his client to bail.

Magaji, came by the method of oral application, contended that his client is qualified for bail and encouraged the court to give him the transitory opportunity. prosecution counsel, Ekele Ihenacho, contradicted the oral application by the senior advocate.

As per the prosecution counsel, there is the requirement for the senior advocate to put material realities in the interest of his client under the watchful eye of the court, saying that the advancement will empower the judge to have an educated supposition on the issue.

Having tuned in to the contentions of Magaji and Ihenacho, Justice Abang suspended the issue till Friday, April 12, 2019, over his decision on whether or not the oral application for bail would do the trick.

The judge later coordinated that the ex-SMEDAN DG ought to be remanded in Kuje Prison

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Joshua Samuel
About Joshua Samuel 161 Articles
Joshua Samuel is a pro blogger who finds delight and fulfillment in telling stories in different formats with the aid of technology and social media.

Joshua Samuel started expressing his love for writing when he was just 10 years old and always come on top of his class with strong grades in English Language and other social study courses while in College.
He is graduate of digital marketing from SIIT and wishes to commence his masters degree in digital marketing/journalism in the nearest future.

Joshua is also an editor at Get247News Nigeria and as published over 5,000 articles on the web which includes 1932 viral articles.

Joshua is the chief editor and the founder of TheElitePost.

you can contact him on Joesam@theelitepost.com

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