{"id":43603,"date":"2015-11-10T15:55:46","date_gmt":"2015-11-10T14:55:46","guid":{"rendered":"http:\/\/pointblanknews.com\/pbn\/?p=43603"},"modified":"2015-11-10T15:55:46","modified_gmt":"2015-11-10T14:55:46","slug":"n3-1-billion-fraud-suswam-arraigned-granted-bail","status":"publish","type":"post","link":"https:\/\/pointblanknews.com\/pbn\/exclusive\/n3-1-billion-fraud-suswam-arraigned-granted-bail\/","title":{"rendered":"N3.1 Billion Fraud: Suswam Arraigned, Granted Bail"},"content":{"rendered":"<p>A Federal High Court sitting in Abuja, Nigeria\u2019s federal capital territory<br \/>\nhas granted bail to a former Benue State Governor, Gabriel Suswam, who<br \/>\nalongside the former Commissioner of Finance in the state are standing<br \/>\ntrial for alleged mismanagement of over 3.1 billion naira belonging to<br \/>\nBenue State.<\/p>\n<p>The court granted them bail in the sum of 100 million naira each and one<br \/>\nsurety each who shall be not less than a Director, Grade Level 12 in the<br \/>\nemployment of the federal, state or local government.<\/p>\n<p>Each surety shall swear an affidavit of means while the two accused<br \/>\npersons are to submit their travel documents in the custody of the court.<\/p>\n<p>Trial has been set for <span class=\"aBn\" tabindex=\"0\" data-term=\"goog_2002954862\"><span class=\"aQJ\">December 8 and 9<\/span><\/span>, while bail was not opposed by the<br \/>\nEconomic and Financial Crimes Commission, EFCC.<\/p>\n<p>Mr Suswam and his former Finance Commissioner, Mr Omodachi Okolobia, were<br \/>\nalleged to have diverted the proceeds of the sale of shares owned by the<br \/>\nBenue State Government and Benue Investment and Property Company Limited.<\/p>\n<p>The offence is punishable under Section 15, Subsection 3 of the Money<br \/>\nLaundering (Prohibition) Act as amended in 2012.<\/p>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content --><!-- AddThis Related Posts generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>A Federal High Court sitting in Abuja, Nigeria\u2019s federal capital territory has granted bail to a former Benue State Governor, Gabriel Suswam, who alongside the former Commissioner of Finance in&hellip;<!-- AddThis Advanced Settings generic via filter on wp_trim_excerpt --><!-- AddThis Share Buttons generic via filter on wp_trim_excerpt --><!-- AddThis Related Posts generic via filter on wp_trim_excerpt --><\/p>\n","protected":false},"author":1,"featured_media":43604,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[17],"tags":[],"class_list":["post-43603","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-exclusive"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.8 - 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