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| Umar Bello Sadiq. |
The Economic and Financial Crimes Commission, EFCC, has arraigned one Umar Bello Sadiq before Justice Zuwaira Yusuf of the Kano State High Court on three -count charges of misappropriation and issuance of dud cheques.
The
defendant was arraigned, alongside his company, Marula Global Links,
for allegedly obtaining the sum of N20,000,000 (Twenty Million Naira
only), from Faridah Nasir Bayero, wife of the Emir of Bichi , Nasir
Ado Bayero, under the guise of investing same into a mining business.
However,
after collecting the money, the defendant allegedly diverted the money to his
personal use.
One of the
charges reads: “That you UMAR BELLO SADIQ AND MARULA GLOBAL LINKS LTD on or
about 6th May, 2021 and 25th November, 2021 at Kano within the jurisdiction of
this Honourable court dishonestly misappropriated the sum of N20, 000, 000.00
(Twenty Million Naira only) entrusted to you by Faridah Nasir Bayero for the
supply of Industrial Resources and you thereby committed an offence contrary to
Section 308 of the Penal Code and punishable under Section 309 of the same
code.”
The
defendant pleaded not guilty when the charges were read to him.
In
view of his plea, prosecution counsel Sadiq Kurawa prayed the court for a trial
date, while defence counsel, Shuaibu Muazu moved a bail application for his
client. Justice Yusuf granted the defendant bail in the sum
of N500, 000 (Five Hundred Thousand Naira only) and two sureties in like sum
who must be his blood relatives.
The
judge also adjourned the matter to November 24, 2023 for commencement of
trial.
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