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  • News - North Central - Kwara
  • Updated: February 23, 2024

Court grants former Kwara governor, Ahmed bail over N10bn alleged fraud

Court grants former Kwara governor, Ahmed bail over N10bn al

A Federal High Court, sitting in Ilorin, Kwara State has granted bail to former Governor Abdulfatah Ahmed in the sum of ₦50,000,000 on charges related to an alleged N10 billion fraud.

The court also mandated that Ahmed provide two sureties owning landed properties within Ilorin, alongside surrendering his international passport as part of the bail conditions.

The bail conditions are that he should deposit NN50 million to the court and produce surety that has landed properties in Ilorin, among others.

He is expected to be kept in the custody of the EFCC until those bail conditions are perfected.

Media personnel were restricted from accessing the courtroom during Ahmed’s arraignment, sparking concerns over transparency in the proceedings.

The EFCC’s case against Ahmed includes accusations of diverting N1.6 billion allocated for security and operational costs in Kwara State to finance personal expenses, such as chartering private jets.

A particular count in the charges highlights the alleged fraudulent conversion of N400 million from a N1 billion short-term loan secured by the Kwara State Government from Ecobank Nigeria Limited.

 

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