• How UMTH director, accountant diverted N148m to ghost workers – witness tells court

    How UMTH director, accountant diverted N148m to ghost workers – witness tells court

    A Prosecution witness in the trial of Mahmud Deji Sambo and Bukar Musti, both former staff of the Department of Finance and Accounts, University of Maiduguri Teaching Hospital (UMTH), has told Justice M. T. Salihu of the Federal High Court sitting in Maiduguri, Borno State, that the accused persons diverted N148 million from the coffers of UMTH using names of non-existent workers as conduit pipes.

    The Economic and Financial Crimes Commission (EFCC) are prosecuting Sambo and Musti, who are former Assistant […]

  • Court remands accountant in prison for alleged conversion of N4.8m

    Court remands accountant in prison for alleged conversion of N4.8m

    A Lagos High Court sitting in Ikeja has remanded an accountant, Gbenga Oladeji in prison custody for allegedly converting the sum of N4.8 million, property of a company, Tanifeeds Nigeria Limited into personal use.

    Justice Oluwatoyin Ipaye remanded the defendant in prison custody pending arguments for bail application.

    The Economic and Financial Crimes Commission (EFCC) had arraigned Oladeji on a one count charge offence bordering on fraudulent conversion of funds of the company.

    The charge against Oladeji stated in part: “that Oladeji, with […]