The Economic and Financial Crimes Commission (EFCC) has re-arraigned the suspended Accountant-General of the Federation, Ahmed Idris, and three others over alleged N109.5 billion fraud.
The EFCC on Wednesday re-arraigned Idris, alongside Olusegun Akindele, Mohammed Usman, and Gezawa Commodity Market and Exchange Limited, in an FCT High Court in Maitama.
They were first arraigned on July 22 before a vacation judge, Justice Adeyemi Ajayi on a 13-count charge bordering on misappropriation to the tune of N109.5 billion.
However, upon the resumption of the court, the case was transferred to Justice Yusuf Halilu.
They all pleaded not guilty to the charges preferred against them by EFCC.
Following their not-guilty plea, counsel for Idris, Chris Uche, SAN, prayed the court to allow the defendants to continue to enjoy the earlier bail granted them by the court on July 28.
Counsel for other defendants aligned themselves with Uche’s application and submission.
The EFCC counsel, Oluwaleke Atolagbe, did not object to the application.
Ruling on the application, Justice Halilu held that bail is a constitutional right of a defendant.
He added that having been previously granted bail by the court, he is favourably inclined to allow the defendants to continue enjoying the early bail granted them by the court.
He, however, directed that defendants submit their passports to the court’s registrar.
The judge added that if the documents are with the prosecution, it should pass same to the registrar.
Justice Halilu adjourned the case until November 23 for hearing.
The EFCC alleged that between February and December 2021 Idris accepted from Akindele, a gratification of N15. 1 billion, which sum was as a motive for accelerating the payment of 13 per cent derivation to the nine oil producing sates in the Federation, through the office of the Accountant General of the Federation.
The EFCC also alleged that N84.3billion from the federal government’s account was converted by Idris and Akindele between February and November 2021.
