COURT JAILS TWO FOR N14.8M FRAUD IN MAIDUGURI. (PHOTO). #PRESS RELEASE.

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 Court Jails Two for N14.8m Fraud in Maiduguri Justice B.T Zannah of the Borno State High Court sitting in Maiduguri, on Monday, July 13, 2026 convicted and sentenced two to three years imprisonment. The convicts are: Babagana Bukar and Hauwa Chabri.  The convicts were arraigned on Monday, July 13, 2026 by the Maiduguri Zonal Directorate of the Economic and Financial Crimes Commission, EFCC, on a separate one -count charge for the offence of criminal misappropriation to the tune of N14,800,000.00 (Fourteen  Million, Eight Hundred Thousand Naira). The charge against Bukar reads: "That you, Babagana Bukar sometimes in 2025 at Maiduguri, Borno State within the jurisdiction of this honourable court, dishonestly misappropriated and converted to your own use the aggregate sum of N8,800,000.00 (Eight Million, Eight Hundred Thousand Naira)  money belonging to Bunu Gambo Liman, being amount given to you through Babakura Umar and Bello Adamu for the supplies of 100 bags of IRS...
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GABRIEL IGBINEDION'S SON MICHAEL,SENTENCED TO 6YEARS IMPRISONMENT TODAY FOR MONEY LAUNDERING.

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Michael Igbinedion                     Today thursday,Justice Muhammed Lima of Benin division of Federal High Court sentence Michael Iginedion,son of Gabriel Igbinedion,to six years imprisonment over alleged laundering of N25 billion fund belonging to the Edo state government.Justice Lima also sentenced Patrick Eboigbodin,an aid to former governor Lucky Igbinedion to 20 years imprisonment in addition to a fine of N250,000 on a 10 count charge.Michael Igbinedion,a younger brother to former governor of Edo state Lucky Igbinedion was sentenced to two years imprisonment on each of the three count.He was however given an option of N3million fine.All the jail terms of the convicts are to run concurrently.PML Securities Limited,one of the companies allegedly used by the convicts to launder the funds,was ordered to fold up and forfeit all its assets to the Federal government.

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