The trial of Mansur Ali Mashi, a serving member of the House of Representatives representing the Mashi Dutsi Federal Constituency, on charges of securing a loan through fraudulent means has been adjourned to June 15 and 16 by the Federal High Court in Kaduna.
The Economic and Financial Crimes Commission (EFCC) brought the case against Mashi, alleging that he obtained a loan worth N212,439,552 from Sterling Bank using fraudulent means, by using fake companies. The prosecution also accused him of flouting sections 15(1)(b) and 16(1)(a) of the Failed Banks (Recovery of Debts) And Financial Malpractices in Banks Act.
The alleged fraud case also charged four bank employees; Hassan Usman (now deceased), Shehu Aliyu, Muazu Abdu, and Abdulmumini Mustapha, alongside the lawmaker. All defendants pleaded not guilty to the charges, and the court proceedings moved to trial.
Justice Sale Musa Shuaib was presiding over the matter, and he fixed June 15 and 16, 2023, for further proceedings and final judgment.
The adjournment of the case has generated varying reactions from the public, with many eagerly awaiting the outcome of the case. The public also expects a fair and unbiased judgment from the court.
It remains to be seen what the ultimate verdict of the court will be and the effects of the case on the Nigerian political and financial landscape.
