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EFCC re-arraigns Bauchi Accountant-General, BDC operator over N1.63bn fraud case
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The Economic and Financial Crimes Commission (EFCC) has re-arraigned Bauchi State Accountant General, Sirajo Muhammad Jaja, and an unlicensed Bureau de Change operator, Aliyu Abubakar of Jasfad Resources Enterprises, before Justice O. A. Egwuatu of the Federal High Court, Abuja.
The duo were re-arraigned on Tuesday, 28 April 2026, on an amended five-count charge bordering on the conversion of public funds belonging to the Bauchi State Government and money laundering to the tune of N1,635,270,350.9k (One billion, six hundred and thirty-five million, two hundred and seventy thousand, three hundred and fifty naira, nine kobo).
DAILY POST reports that they were earlier arraigned on April 7, 2025, with Jaja as the first defendant, while Abubakar was the second.
However, in the amended charge, marked FHC/ABJCR/101/2025, dated January 5, 2026, and filed on the same date, Abubakar, trading under the name of Jasfad Resources Enterprises, became the first defendant and Jaja the second.
Early in the proceedings, prosecution counsel, Abba Muhammed, SAN, informed the court that the prosecution had filed a second amended charge and prayed the court for the defendants to take their plea.
Count two of the charge reads, “That you Aliyu Abubakar (trading under the name and style of “Jasfad Resources Enterprises,” a purported Bureau de Change operator), Sirajo Muhammad Jaja (Accountant General of
Bauchi State), Abubakar Muhammad Hafiz (at large), between 29 October, 2024 and 31st December, 2024 within the jurisdiction of this Honourable Court, did commit an offence to wit: money laundering by converting the sum of One Billion, Two Hundred and Ninety Million, One hundred and Fifty four thousand, Three hundred and Thirty seven Naira, Two kobo (N1, 290,154,337.2) of public funds, belonging to Bauchi State Government which you transferred from the Bauchi State Sub-Treasury Account, domiciled in United Bank for Africa with account number 1018819396 into the bank account of Jasfad Resources Enterprise domiciled in United Bank for Africa with account number 1023444660 and thereby committed an offence contrary to Section 18(2)(b) and punishable under Section 18(3) of the Money Laundering (Prevention and Prohibition) Act, 2022.”
Count three reads; “That you Aliyu Abubakar (trading under the name and style of “Jasfad Resources Enterprises,” a purported Bureau de Change operator), Sirajo Muhammad Jaja (Accountant General of Bauchi State), Abubakar Muhammad Hafiz (at large), Ari Manga (at large), and Muhammad Aminu Bose (at large), between 3rd January, 2025 and 14th March 2025, within the jurisdiction of this Honourable Court, did commit an offence to wit: money laundering by converting the sum of Four hundred and twenty-six million, One hundred and sixteen Thousand, Thirteen Naira, Seven kobo (N426, 116,013.7) of the public funds, belonging to Bauchi State Government which you transferred from the Bauchi State Sub-Treasury Account, domiciled in the United Bank for Africa with account number 1018819396 into bank account of Jasfad Enterprise, domiciled in United Bank for Africa with account number 1023444660 and thereby, committed an offence contrary to Section 18(2)(b) and punishable under Section 18(3) of the Money Laundering (Prevention and Prohibition) Act, 2022.”
They pleaded “not guilty” to the charges, following which counsel to the first and second defendants, Gordy Uche, SAN, and Chris Uche, SAN, respectively, applied for the defendants to continue to enjoy the bail earlier granted by the court, which was not opposed by the prosecution counsel.
The first defendant’s counsel further moved a motion challenging the competence of the charge and asked the judge to strike out counts two, three, four and five for allegedly being a duplicity of action and to save the defendants from suffering double jeopardy.
This found support from counsel to the second defendant, Chris Uche, SAN, while it faced opposition from the prosecution counsel.
The court, however, reserved a ruling on the contention until the end of trial, citing Section 395 of the Administration of Criminal Justice Act (ACJA) 2015.
In continuation of the trial, the prosecution called its first witness, Prosecution Witness One (PW1), Abimbola Williams, a compliance officer with the United Bank for Africa (UBA) with 20 years’ experience.
She informed the court that the bank, in February 2025, received a request from the EFCC for details of some of its clients.
“The request asked for the bank statements of Jaspa Resources account, Bauchi State Sub-treasury account and the documents were printed and copies given to EFCC,” she said.
The banker, who said that the documents were certified by her, tendered them through the prosecution, and they were admitted in evidence by the court and marked as exhibits.
Although the defence lawyers raised an objection, they said their objection would be expounded in their written addresses.
Further in her testimony, PW1 narrated to the court how money running into multi-million naira, belonging to Bauchi State, was allegedly moved from the Bauchi State Sub-Treasury Account number: 1018819396 to Jasfad Resources Enterprises account number: 1023444660, domiciled in UBA.
She told the court that on October 29, 2024, there was a debit transfer from the Bauchi State Sub-Treasury Account to Jasfad Resources to the tune of N13,144,500. Also that “On October 29, 2024, we have a debit transfer of 1N7,196,300. On October 30, 2024 there were two debit transfers from Bauchi Sub-treasury account to Jasfad Resources Enterprise, first for N50 million and the second for N7, 321,000,” he said.
The witness further disclosed that there were 18 other instances, on different dates within the period, when transfers were made from the Bauchi State Sub-Treasury Account to Jasfad Resources.
Following the conclusion of PW1’s evidence-in-chief, Justice Egwuatu adjourned the matter until 12 May for continuation of trial.
News
Police nab content creator over alleged rape of girl who committed suicide in Asaba
The Delta State Police Command has confirmed the arrest of a 44-year-old popular content creator simply identified as Odogwu Asaba.
The suspect was nabbed for allegedly raping a 21-year-old girl (name withheld).
The girl was said to have committed suicide after the incident.
It was said that the deceased was lured into Asaba by the suspect under the pretence of wanting to help her.
Police Public Relations Officer, SP Bright Edafe, confirmed the arrest on Wednesday.
It was learnt that the suspect was arrested on Tuesday at his residence in Asaba, following a petition by a human right activist, Comrade Israel Joe.
The suspect is currently in police custody and has allegedly confessed to the crime.
Warri based human rights activist, Comrade Israel Joe, commended the Delta State Police Command for the arrest, just as he insisted that justice must be seen to have been served in the matter.
News
Senator Abba Moro moves motion demands heavy deployment of security to troubled communities in Otukpo
The senator representing Benue South Senatorial District and Senate Minority Leader, Comrade Abba Moro, on Wednesday moved a motion on the renewed attacks on Benue South communities in the last few days.
Akpachi-Ugboju, Otukpo-Nobi and Ondo Ugboju communities of Otukpo Local Government Area were attacked by armed bandits on Friday, Sunday and Tuesday respectively resulting in the death of 20 persons, displacement of several persons and destruction of properties worth millions of naira.
In the motion titled, “The urgent needto stop the gruesome murder of inhabitants of Akpachi-IUgboju Otukpo-Nobi inhabitants and fresh attacks on Ondo Ugboju in Otukpo LGA of Benue State by suspected bandits”, Senator Moro lamented sustained attacks on defenceless constituents and called on government at all levels to secure the lives and properties of Nigerians, which is the primary responsibility of every government.
The motion reads;
“The Senate:
“Notes with utter dismay and heavy heart the horrific and unprovoked attacks on the peaceful, agrarian Communities of Akpachi-Ugboju, Otukpo-Nobi and Ondo Ugboju communities of Otukpo Local Government Area, Benue State, by suspected Armed Bandits between Friday, Sunday of last week and Tuesday this week;
“The primary responsibility of any government, as enshrined in Section 14(2)(b) of the 1999 Constitution of the Federal Republic of Nigeria (as amended), is the security and welfare of its citizens;
“Aware that the weekend assaults resulted in the tragic and gruesome murder of innocent, defenseless citizens, with a confirmed death toll of two (2) lives lost in Akpachi-Ugboju and sixteen (16) lives lost in Otukpo-Nobi, bringing the total number of fatalities in these two incidents to eighteen (18);
“Disturbed that aside from the lives lost, numerous members of these communities sustained varying degrees of life-threatening injuries and are currently admitted in various hospitals struggling for their lives, while properties and farmlands have been destroyed, forcing survivors to flee their ancestral homes;
“Alarmed by the sudden, coordinated, and fresh attack launched on Ondo Ugboju, July 14, 2026, which has thrown the entire local government area into a state of panic, widespread displacement, and severe humanitarian crisis with a confirmed death cases of two (2) lives lost in Ondo-Ugboju, Otukpo Local Government Area of Benue State;
“Concerned that the relentless and audacious nature of these attacks suggest a deliberate attempt to decimate these communities, and if urgent security interventions are not immediately deployed, the situation will degenerate into a complete breakdown of law and order, alongside a looming food crisis as farmers are forced to abandon their farmlands out of fear for their lives.
“Accordingly resolved to (PRAYERS):
“1. Observe a minute of silence in honor of the twenty (20) innocent citizens who were gruesomely murdered in Akpachi-Ugboju and Otukpo-Nobi, and others who may have lost their lives in the fresh attack on Ondo Ugboju.
“2. Condemn in the strongest possible terms the unprovoked killings and destruction of properties by suspected bandits in Ugboju and Otukpo Districts.
“3. Urge the Inspector General of Police (IGP), the Chief of Army Staff (COAS), and other relevant security agencies to immediately deploy a heavy security presence to Akpachi-Ugboju, Otukpo-Nobi, Ondo Ugboju, and surrounding communities to restore normalcy, protect lives, and prevent further attacks.
“4. Mandate the Inspector General of Police to conduct a thorough investigation into the attacks, track down the perpetrators, and ensure they are brought to justice to serve as a deterrent to others.
“5. Urge the National Emergency Management Agency (NEMA) and the Federal Ministry of Humanitarian Affairs and Poverty Alleviation to urgently mobilize and supply relief materials (including food, medical supplies, and shelter) to the displaced persons and the injured currently receiving treatment in various hospitals.
“6. Mandate the Senate Committees on Police Affairs, Defense, and National Security and Intelligence to interface with the heads of security agencies to evaluate their operational strategies in Benue South and ensure compliance with these resolutions.
“I so move.”
In his response, the President of the Senate, Senator Godswill Akpabio, GCON, sympathized with Senator Moro and the people of Benue South over the attacks. He said Nigerians deserved the right to sleep in their houses with their eyes closed and go about their lawful activities without fear.
He expressed optimism that the resolutions of the senate would be implemented to forestall future occurrence in the affected communities and indeed the entire country.
A minute silence was observed in honour of all those who died in the attacks.
News
Tinubu’s Govt Makes Fresh Appointment
The Federal Government has inaugurated a Ministerial Advisory Committee made up of economists, public finance experts and private sector leaders to strengthen economic policymaking and support the implementation of ongoing fiscal reforms.
Members of the committee include the Managing Director of Sterling Bank, Abubakar Suleiman; the Chief Executive Officer of Economic Associates, Dr Ayo Teriba; the President of the Capital Market Academics of Nigeria, Prof. Uche Uwaleke; and the Director-General of the Lagos Chamber of Commerce and Industry, Chinyere Almona, among others.
Speaking during the inauguration in Abuja, the Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, described the committee as a strategic partnership between the public and private sectors aimed at closing the gap between policy formulation and implementation.
He said the committee would provide independent, evidence-based advice to support government decisions and help ensure that ongoing economic reforms improve the lives of Nigerians.
According to Oyedele, the Tinubu administration has introduced major reforms, including the removal of fuel subsidy, the unification of the foreign exchange market and the implementation of tax reforms to improve fiscal sustainability.
He said the government’s priority is to ensure these reforms lead to job creation, lower inflation, improved business confidence and better living standards.
“The committee will serve as a bridge between policy design and implementation by providing practical, evidence-based recommendations that strengthen government decisions and anticipate emerging economic risks,” Oyedele said.
The minister explained that the committee would not exercise executive powers or replace any existing government institution but would provide objective analysis and practical policy recommendations.
He urged members to assess how government policies affect businesses and households and recommend adjustments where necessary.
According to him, the committee will focus on economic policy, public financial management, economic coordination and strategies to ensure reforms produce meaningful national results.
Oyedele also restated the Federal Government’s goal of achieving seven per cent annual economic growth and building a $1 trillion economy by 2030.
He praised the members for agreeing to serve without pay, describing their decision as an act of patriotism. He assured them that their recommendations would help shape ministerial decisions and government policies.
The minister also encouraged the committee to remain objective, challenge existing assumptions and base its recommendations on credible evidence rather than political considerations.
He urged members to engage with businesses, manufacturers and citizens so that government policies reflect the realities across the country.
Earlier, the Permanent Secretary of the Federal Ministry of Finance, Raymond Omachi, described the committee as a strategic platform for evidence-based economic policymaking.
Omachi said the advisory body consists of economists, public finance specialists, governance professionals, development experts and private sector representatives who will provide advice on fiscal reforms, government efficiency, stakeholder engagement and economic coordination.
He added that the committee would support efforts to strengthen fiscal sustainability, improve public confidence and advance Nigeria’s economic transformation agenda.
Omachi congratulated the members on their appointment and thanked them for offering their expertise in service to the country.
Speaking on behalf of the committee, its chairman, Abubakar Suleiman, assured that members would focus on practical and workable recommendations.
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