Elias bagged the jail term without an option of fine.
The Corporate Affairs Commission has been ordered by the presiding judge, Justice Bilkisu Bello Aliyu, to shut down the convict company, ALHAKIM Nigeria Limited as well as retrieve the sum of N51.5 million which he stole.
The judge who based his judgment on section 3(2) of the miscellaneous act stating that the judgment will serve as a deterrent to occupiers of public office who may been nursing the thought of stealing fund meant for developmental projects.
The presiding judge explained that the convict ought to have protected the trust bestow on him by living within the bound of the law but decided to abuse the trust by helping himself with the resources of the state.
Justice Aliyu convicted Elias on count 3 and 4 charges and imprisoned him to 10-year on each charge but the two convictions will run concurrently.
“I hereby sentenced the first accused, John Babani Elias for 10 years imprisonment on count 3 and another 10 years imprisonment on count 4 but the two sentences will run concurrently.
“In addition, the first convict must return/refund the sum of N51.5 million to Adamawa state local Government joint account fund from where it was stolen and diverted by him and his Coy.
“With regards to the second convict ALHAKIM NIGERIA LIMITED, I sentenced it to pay a fine of N5 million on the offenses in count 3 and 4 it is convicted of. In addition, the company would wound up by Corporate Affairs Commission as provided by section 3(2) of the miscellaneous offenses and all its assets forfeited to federal government of Nigeria,” Aliyu ordered.
Senator Shehu Sani representing Kaduna Central Senatorial district on Tuesday, December 1, had faulted the anti-graft war of President Muhammadu Buhari.
He challenged the Code of Conduct Bureau to investigate the asset declaration of other governors that served the same time as the Senate president, Bukola Saraki.
Source... Naij
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