N1bn Fraud: Former Adamawa Gov, Fintiri Remanded In Kuje Prison
Adamu Umaru Fintiri[/caption]
A Federal High Court sitting in Abuja on Thursday, ordered the former governor Adamawa State, Adamu Umaru Fintiri to be remanded in Kuje prison, Abuja.
The order was made by Justice Ahmed Mohammed shortly after the former governor was arraigned on a five-count charge of money laundering.
Recall, that The Economic and Financial Crimes Commission (EFCC) on Wednesday, June 1, quizzed and subsequently detained the former governor for allegedly misappropriating the sum of N1.9billion while in office.
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He is being investigated for alleged abuse of office and corruption.
A statement by the EFCC read in part; “From our preliminary findings, we discovered that while in office, the administration of Fintiri awarded two road contracts including a N1billion work for Yola township road and another N1.9billion for road project in Mararaba Garta, which was ravaged by Boko Haram.
“From our preliminary findings, the two projects were awarded to Roycon Limited. Although there was evidence of the execution of Yola road project, the contracting firm could not move to Mararaba Garta because of Boko Haram insurgency.
“But from records available, Roycon Limited was given a mobilization fee of N20million. But the said N200million was later traced to Mayim Construction and Properties Limited which is allegedly owned by Fintiri.”
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The accused is facing charges bordering on money laundering stealing to the tune of over N1billion, in the charge marked: FHC/ABJ/CB/CB/131/2016.
Fintiri pleaded not guilty to the charge, he is however to remain in prison custody until Friday, July 1st when the court will rule of his bail application.
Fintiri who was initially the speaker of the Adamawa state assembly, became acting governor in July 2014 following the impeachment of former Governor Murtala Nyako and his deputy, Bala Ngilari.
