2nd April, 2012
The Economic and Financial Crimes Commission, EFCC, has arraigned Nasiru Yahaya Gusau before Justice M.B. Abubakar of Kano State High Court for criminal diversion of N64.8 million belonging to Alhaji Musa Baba to personal use.
Gusau’s arraignment followed a complaint by Alhaji Mustapha Askin Funtua to EFCC, that he gave the accused person money to supply him fertilizer but he neither supplied the commodity nor refunded the money to him hence his complaint to the EFCC to compel the accused to execute the contract or return his money.
Funtua had told the court that the money held by the accused person belonged to Musa Baba and that he was the link in the supply chain having introduced the accused person as a fertiliser merchant.
He further averred that Gusau had promised to supply the fertilisers within one week of receipt of payment.
He told the court that they transferred the said fund into his account with Zenith Bank Plc.
EFCC’s investigation revealed that Gusau had diverted the fund and even tried to conceal it through opening of several accounts.
He allegedly also transferred N25 million into the account of his undergraduate girlfriend with Mainstreet Bank and the girlfriend withdrew the money and gave him cash.
The accused person used his brother to pay the cash into his account with Zenith Bank Plc.
The prosecution had already called two witnesses before the case was adjourned till 19 April, 2012 for continuation of trial.