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Wednesday, November 4

Ex-Governor Suswam To Be Arraigned Over N3.1Bn Fraud

The Economic and Financial Crimes Commission (EFCC) will formally arraign a former governor of Benue state, Gabriel Suswam, before an Abuja court today, November 4.

The anti-graft agency had on Monday October 2, filed a nine-count charge bordering on money laundering to the tune of N3.1billion at a Federal High Court, Abuja.

According to Premium Times, Suswam and his former finance commissioner, Omodachi Okolobia, are alleged to have diverted proceeds of the sale of shares owned by the Benue state government and Benue Investment and Property Company Limited.

The offence, the EFCC says, is punishable under section 15(3) of the Money Laundering (Prohibition) Act 20111, as amended in 2012.
After the EFCC arrested Suswam, he was set free in the evening of October 12. He reportedly has been been quizzed for several hours.

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