Home » Crime » NBA President Usoro arraigned over alleged N1.4bn fraud

NBA President Usoro arraigned over alleged N1.4bn fraud

EFCC, yesterday, arraigned President of Nigerian Bar Association, NBA, Mr Paul Usoro, SAN, before a Federal High Court sitting in Lagos, on a 10-count-charge of alleged N1.4 billion fraud.

He pleaded not guilty to the charge and was arraigned before Justice Sule Hassan.

Also named in the charge is Governor Udom  Emmanuel of Akwa Ibom State, who is described in the charge as  being “currently constitutionally immune from prosecution”; Akwa Ibom State’s Commissioner for Finance, Accountant-General and Attorney-General, Nsikan Nkan; Mfon Udomah, Uwemedimo Nwoko and Margaret Ukpe, who were said to be at large.

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Yesterday, when the matter came up for Usoro’s arraignment, the prosecutor, Mr Rotimi Oyedepo informed the court that his agency had a 10 count-charge against the NBA president, and same had been successful served on the defendant.

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However, the court admitted Usoro to bail in the sum of N250 million, with one surety in like sum.

The court added that the surety must be owner of a landed property within the court’s jurisdiction,

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The court ordered that the accused international passport also be deposited with the Court’s Deputy Chief Registrar, DCR, which will be verified if genuine.

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