Ex-Kaduna varsity VC, bursar arraigned for N1bn fraud

The Economic and Financial Crimes Commission has arraigned a former vice-chancellor, Professor Ibrahim Garba, and the bursar, Ibrahim Usman, of the Ahmadu Bello University, Zaria, Kaduna State, on eight counts bordering on theft and money laundering to the tune of N1 billion.

The anti-graft commission disclosed this on its Twitter page Thursday.

The duo were arraigned before Justice A.A. Bello of the Kaduna State High Court by the Kaduna Zonal Command of the EFCC.

According to the commission, the arraignment followed months of discreet investigation triggered by a petition accusing Garba and Usman of diverting monies meant for the renovation of the popular Kongo Conference Hotel, Zaria, from various accounts belonging to the institution into their private accounts.

The EFCC wrote, “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 bordering on theft and money laundering to the tune of over N1billion by the Kaduna Zonal Command of the Economic and Financial Crimes Commission.

“The arraignment followed months of 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.”