HOW BAUCHI ACCOUNTANT-GENERAL TRANSFERRED STATE FUNDS TO PRIVATE COMPANY - WITNESS. (PHOTO). #PRESS RELEASE

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 How Bauchi Accountant-General Transferred State Funds to Private Company - Witness   Trial of the Accountant-General of Bauchi State, Sirajo Muhammed Jaja continued on Monday, September 21, 2026 at the Federal High Court in Abuja presided over by Justice Obiora Egwuatu with a witness revealing how Jaja diverted state funds to a private company. Jaja is facing prosecution by the Economic and Financial Crimes Commission, EFCC ,  alongside Aliyu Abubakar, Abubakar Muhammed Hafiz, Ari Manga and Muhammed Aminu Bose, for alleged corruption. The defendants are being prosecuted by the EFCC on an amended five-count charge of money laundering, diversion of public funds, and criminal misappropriation of funds to the tune of N1,635,270,350.9 (One Billion, Six Hundred and Thirty-five Million, Two Hundred and Seventy Thousand, Three Hundred and Fifty Naira, Nine Kobo). Prosecution counsel, Ekele E. Iheanacho, SAN told the court that the matter was for trial before calling in the first...
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LAGOS COURT JAILS MAN 18 MONTHS FOR DEFRAUDING STERLING BANK OF N30M. (PHOTO). #PRESS RELEASE.

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 Lagos Court Jails Man 18 Months for Defrauding Sterling Bank of N30m


Justice O.A. Fadipe of the  Lagos State High Court sitting in Ikeja Lagos has convicted and sentenced one Adebisi Ridwan Ayodeji  to 18 months imprisonment for defrauding Sterling Bank of the sum of N30,000,000( Thirty Million Naira).


The convict was initially arraigned by the Economic and Financial Crimes Commission, EFCC, Lagos Zonal Directorate 2, Ikoyi, Lagos on a one-count charge of stealing  to the tune of N30,000,000 before Justice Oluwatoyin Taiwo.


He was subsequently re-arraigned before Justice Fadipe, and the trial commenced de novo on March 3, 2023.


The charge reads: “Adebisi Ridwan Ayodeji, on or about the 15 day of September, 2021, in Lagos within the jurisdiction of this Honourable court, fraudulently converted to your own use the sum of N30,000,000.00 Thirty Million Naira) ,property of Sterling Bank Plc.”


 


He pleaded “not guilty” to the charge when it was read to him, thereby leading to his full trial.


In the course of the trial, the prosecution counsel, S.I. Suleiman, presented three witnesses and tendered several documents that were admitted in evidence against the defendant.


Delivering judgment on Tuesday , February 24 , 2026, Justice Fadipe sentenced the defendant to 18 months imprisonment on the one-count charge of stealing.


The judge also ordered the convict to make restitution in the sum of N23,677,107.05, being the outstanding balance, to the petitioner in addition to the custodial sentence.

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