EFCC Re-arraigns Shamsudeen Bala Mohammed For N1.2bn Fraud

Shamsudeen Bala, son of a former Minister of the Federal
Capital Territory, Bala Mohammed, was on May 30, 2017 re-
arraigned by the Economic and Financial Crimes
Commission, EFCC, before Justice Nnamdi Dimgba of the
Federal High Court, Abuja.
He was re-arraigned along with four companies – Bird Trust
Agro Allied Limited, Intertrans Global Logistic Limited, Diakin
Telecommunications Limited and Bal-Vac Mining Nigeria
Limited, on an amended 15-count charge, bordering on
money laundering.
The amendment, which was effected in counts 10 to 15,
according to prosecution counsel, Ben Ikani, “was to
accommodate new information” in the alleged charge
brought against them.
In one of the amended counts, the prosecution alleged that
Bala knowingly failed to declare “the sum of £472.26
standing to your credit domiciled at Standard Chartered
Bank Plc, an offence contrary to section 27 (1) of the EFCC
Act 2004”.
He was also alleged to have deliberately concealed the sum
of $32,512.44 and €17.45 in the same bank but with different
account numbers, while declaring his assets, an offence
contrary to the EFCC Act, and punishable by same. He also
allegedly “without going through a financial institution made
cash payment of N200 million only to Faruk Saleh at Abuja
as payment for purchase of House 2A, No 7 Gana Street,
Maitama, Abuja, which exceeded the statutory limit”, an
offence contrary to the Money Laundering (Prohibition) Act
2011 as amended in 2012.
He pleaded “not guilty” to the charges when they were read
to him.
His counsel, Chris Uche, SAN thereafter urged the court to
allow him continue to enjoy the bail earlier granted to him
on February 3, 2017 two days after he was first arraigned.
Uche, further requested for time to study the amended
charge dated May 25, 2017, which he said he was “only
being served” by the prosecution.
Ikani did not oppose his application for bail.
Justice Dimgba has adjourned to June 26, 2017 for
“continuation of hearing”