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EFCC arraigns ex-Nigerian minister on N148 million corruption charges
The anti-corruption agency accused the ex-minister of corruptly receiving the money meant for payment of outstanding insurance premiums and claims of deceased and incapacitated PHCN workers in 2014.
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The Economic and Financial Crimes Commission (EFCC), on Monday, arraigned a former Minister of State for Power, Muhammed Wakil, on two counts of corruption at the the High Court of the Federal Capital Territory, Apo, Abuja.
The prosecution alleged that the defendant, in 2014, corruptly received the sum of N148million from the funds approved for the payment of outstanding insurance premiums and claims of deceased and incapacitated staff members of Power Holding Company of Nigeria( PHCN).
Ex-power minister, Wakil, sent to prison over alleged corruption
On
By Soni Daniel, Abuja
A former Minister of State for power in the country, Muhammad Wakil, is to remain in prison custody till March 31, 2021 on the order of a Federal Capital Territory High Court over his alleged involvement in the mismanagement of the N27 billion set aside for the payment of the retirement benefits to staff of the defunct Power Holding Company of Nigeria, PHCN.
This action followed the two-count charge bordering on corruption and abuse of office slammed on Wakil on Monday by the Economic and Financial Crimes Commission before Justice S.B.Belgore of the Federal Capital Territory High Court, Apo, Abuja.
BREAKING: Jonathan’s Power Minister, Wakil Sent To Prison Over Alleged N27 Billion Fraud
This action followed the two counts bordering on corruption and abuse of office slammed on Wakil on Monday by the Economic and Financial Crimes Commission before the court.
by SaharaReporters, New York
Mar 08, 2021
A Federal Capital Territory High Court has ordered a former Minister of State for Power, Mohammed Wakil, to remain in prison custody till March 31, 2021 over financial mismanagement involving the Power Holding Company of Nigeria.
Wakil, a former lawmaker, was charged alongside two companies –Corozzeria Nigeria Limited and Pikat Properties Nigeria Limited, for allegedly receiving N148 million as gratification from Bestworth Insurance.