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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SENATE COMMITTEE CALLS FOR SACK OF CAC CEO. (PHOTO).

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 The Senate Committee on Finance has called for the immediate removal of Hussaini Ishaq Magaji, the Registrar-General/CEO of the Corporate Affairs Commission (CAC), over his continued failure to appear before Senate committees.


Lawmakers expressed frustration over what they described as his persistent refusal to honor invitations to address questions regarding the agency’s operations and revenue matters.


The motion was raised by Orji Uzor Kalu during an interactive session with key economic managers of the government on the 2026 budget and the Fiscal and Monetary Policy Framework.

The Senators stated that the situation had gone on for too long and proposed that a warrant of arrest be issued to compel the CAC boss to appear before the Senate.

Committee Chairman, Sani Musa, reiterated the Committee’s position, stressing that no public official is above the law.

He noted that the Minister of Finance and the Minister of Budget consistently honoured invitations from the Senate, questioning why the head of the CAC should act differently.


According to Orji Uzor Kalu, since his time in the Senate, the CAC Registrar-General has never appeared before the Committee, often citing official engagements at the Presidential Villa or overseas trips as excuses.


He emphasized that such a pattern cannot continue and that the official must appear to give a full account of his stewardship.


The Committee maintained that the National Assembly has a constitutional mandate to exercise oversight over Ministries, Departments, and Agencies (MDAs), and compliance with invitations is not optional.


A motion for his removal was subsequently moved and seconded by Adams Oshiomhole.


The Chairman noted that this is not the first time the Senate has threatened such action against the CAC Registrar-General, particularly over revenue and accountability concerns, adding that the repeated disregard for legislative authority warrants decisive measures.

The meeting was attended by the Minister of Budget and Economic Planning, representatives of the Central Bank of Nigeria, and other key stakeholders to review the implementation of the Federal government’s budget.

AIT NEWS

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