Ex-Air Force Chief, Dikko Umar, Granted Bail In N13.5b Fraud Charge
The Economic and Financial Crimes Commission on Wednesday arraigned a former Chief of Air Staff, Air Marshal Dikko Umar (retd.), on seven counts of money laundering involving alleged diversion of over N13.5bn during his time as the head of the Nigerian Air Force.
Umar pleaded not guilty to all the seven counts when the charges were read to him before Justice Binta Nyako on Wednesday. The judge granted him bail on self recognition shortly after his lawyer, Mr. Hassan Liman, moved for his bail application.
The prosecuting counsel, Sylvanus Tahir, did not oppose the application. But the judge ordered the accused to deposit his passport with the registrar of the court.
One of the counts reads, “That you, Air Marshal Mohammed Dikko Umar, whilst being the Chief of Air Staff, Nigerian Air Force between September 2010 to September 2012 in Abuja, within the jurisdiction of the court directly converted and removed the United States Dollars equivalent of the aggregate sum of N4,846,630,000 (Four billion, eight hundred and forty six million, six hundred and thirty thousand naira) from the accounts of the Nigerian Air Force, when you reasonably ought to have known that the said funds formed part of the proceeds of your unlawful activity, to wit, criminal breach of trust and corruption, and you thereby committed an offence contrary section 15(2)(b) of the Money Laundering Prohibition Act 2011 as amended and punishable under Section 15(3) of the same Act.”
The judge fixed June 7, 8 and 9 for trial.
SOURCE: THE PUNCH