N864m FRAUD: Bala A. Mohammed, The Former Minister of FCT Is Remanded After He Was Arraigned By EFCC for Fraud




EFCC Arraigned Former Minister of FCT, Bala A. Mohammed For N864 million Fraud and Other Corrupt Acts


The Economic and Financial Crimes Commission, EFCC, has arrested a former Minister of the Federal Capital Territory FCT, Bala A. Mohammed yesterday before Justice A. M. Talba of the Federal Capital Territory, High Court sitting in Gudu, Abuja, on a 6-count charge bordering on abuse of office, false declaration of assets and fraud to the tune of N864million.


While Ex-minister Bala was still in office as minister, he allegedly received N550million as bribe from the Aso Savings and Loans Limited for some properties in the Asokoro area of Abuja.
He is said to have corruptly abused his position as Board Chairman of Aso
Savings by allocating four numbers fully detached duplexes and 11 numbers semi-detached duplexes valued at N314million through the Presidential Taskforce on Sale of Governments Houses, to himself.


He is also accused of making false declaration of his assets. Count one of the charge reads:

    “That you, Bala A. Mohammed, while being the Minister of the Federal Capital Territory, Abuja, sometime in 2014 in Abuja within the Judicial Division of the High Court of the Federal Capital Territory did accept gratification of a house worth N550, 000,000 (Five Hundred and Fifty Million Naira) only situated at No. 2599 & 2600 Cadastral Zone A04 Asokoro District, Abuja from Aso Savings & Loans Plc as reward for performing your official duties and you thereby committed an offence contrary to Section 18 (b) of the Independent Corrupt Practices and Other Related Offences Act 2000 and punishable under Section 18 (d) of the same Act.”

The defendant begged not guilty of the charge. In view of his plea, counsel to EFCC, asked the court to fix a date for trial and remand the defendant in prison custody. However, Bala’s counsel, Chris Uche, SAN, informed the court of a pending bail application dated May 5, 2017 and urged the court to
grant his prayers.


Justice Talba ordered the defendant to be remanded in prison custody pending the determination of the bail application, while adjourning to May 12 for ruling on the application.

N864m FRAUD: Bala A. Mohammed, The Former Minister of FCT Is Remanded After He Was Arraigned By EFCC for Fraud N864m FRAUD: Bala A. Mohammed, The Former Minister of FCT Is Remanded After He Was Arraigned By EFCC for Fraud Reviewed by GbolaMedia Blog on May 11, 2017 Rating: 5

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