Judiciary

Money Laundering: El-Rufai’s ex-Chief of Staff denied bail

Maharazu Ahmed
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Money Laundering: El-Rufai’s ex-Chief of Staff denied bail
A High Court in Kaduna has adjourned till January 16, ruling on the bail application filed by a former finance commissioner in Kaduna State, Alhaji Muhammad Bashir Sa’idu.Sa’idu served as commissioner during the administration of Nasiru El-Rufai, and was the former governor’s Chief of Staff at the time.

The Syndicate reports that the defendant was arrested on December 30, 2024, and was arraigned before the court by the Independent Corrupt Practices and Other Related Offences Commission, ICPC, for alleged money laundering.
He was arraigned alongside one Ibrahim Muktar, over alleged N155 million transaction, contrary to Section 2(a) and punishable under the Section 19(d) of the Money Laundering (Prevention and Prohibition) Act, 2022.
The charge carries a prison term of between four and 14 years if convicted of the offence, or a fine not less than five times the value of the proceeds of the crime or both.

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