Justice Yusuf Halilu of an FCT, Maitama, Abuja, on Tuesday revoked the bail earlier granted a former Accountant-General of the Federation, Ahmed Idris and one of the defendants in the trial of over an alleged fraudulent diversion of public fund to the tune of N109.5 Billion
The defendant, Geoffrey Olusegun Akindele’s bail was revoked by the judge following his non-appearance in court for continuation of trial.
Mr Akindele, who is the second defendant in the case marked, CR/199/2022, and Idris are standing trial alongside Mohammed Kudu Usman and Gezawa Commodity Market and Exchange Limited.
The Economic and financial crimes commission, EFCC, dragged them to court on a 14-count charge bordering on stealing, fraudulent diversion of public fund to the tune of N109.5 billion.
Idris, among others, was alleged to have between February and December 2021, while being a public servant by virtue of his position as Accountant-General of the Federation accepted from Olusegun Akindele, the second defendant, a gratification of the aggregate sum of N15, 136, 221, 921.46, which was converted to dollars equivalent by Akindele.
The money, according to the prosecution, did not form part of Idris’s remuneration but a motive for accelerating the payment of 13% derivation to nine oil companies.