Elrufai

By Abdullahi Mukhtar Algasgaini

Kaduna State High Court has once again refused to grant bail to the former Chief of Staff to the former Governor of Kaduna State, Malam Nasir El-Rufai, Alhaji Bashir Sa’idu.

The court has ordered that he be returned to custody after being charged with 10 counts of alleged corruption, embezzlement, and theft during the administration of Malam Nasir El-Rufai.

When the case was resumed before Justice Isa Aliyu on Tuesday, the 10 charges were read to the defendant, to which he pleaded not guilty.

Among the charges, Sa’idu is accused of selling $45 million of the Kaduna State government’s funds—equivalent to N18.45 billion—at a rate of N498 per dollar, which allegedly resulted in a loss of N3.96 billion to the state government.

According to the prosecution, the offense occurred in 2022 when Sa’idu was serving as the Commissioner for Finance in El-Rufai’s government.

The prosecutors further stated that Sa’idu is accused of embezzling N3.96 billion, which violates Section 18 of the 2022 Anti-Corruption Act.

The defendant’s lawyer, M.I. Abubakar, informed the court that there was a need for bail to be granted to his client, as he had already spent 21 days in custody since his arrest on January 2, 2025.

He also informed the court that a bail application had been filed on January 16, 2025, adding that granting bail would allow Sa’idu to properly prepare his defense against the charges.

However, the prosecution’s counsel, Professor Nasiru Aliyu, objected to the bail request, stating that the law allows the prosecution seven days to respond to the bail application.

After a 40-minute recess, Justice Isa Aliyu ruled that the prosecution should be given sufficient time as provided by the law to respond to the bail request.

The court has adjourned the case to January 23, 2025, for further consideration of the bail application.

By Abdullahi Mukhtar Algasgaini

The arrest of a former Kaduna Commissioner of Finance and Local Governments, Mohammed Bashir Sa’idu by the Police over alleged money laundering, criminal breach of trust, and misappropriation of public funds has been confirmed.

A security source confirmed to The Nation a petition received by the Police accused Sa’idu of laundering N3.96 billion and misappropriating N244 million during his tenure in the Kaduna State government between 2015 and 2023.

The allegations include the sale of $45 million in state-owned foreign currency at an undervalued exchange rate of N410 per dollar instead of the parallel market rate of N498 per dollar, causing a loss of over N3.96 billion to the government.

The source said this transaction breaches Section 18 of the Money Laundering (Prevention and Prohibition) Act, 2022.Sa’idu is also accused of failing to account for proceeds from the sale of government houses in Marafa Estate, Kaduna, amounting to approximately N244 million.

This constitutes a breach of trust under Section 300 of the Penal Code of Kaduna State, 2017.

Reports indicate the Kaduna Assembly previously investigated Sa’idu’s financial dealings and forwarded its findings to anti-corruption agencies, including the Economic and Financial Crimes Commission (EFCC) and the Independent Corrupt Practices and Other Related Offences Commission (ICPC).

As part of the investigation, Sa’idu’s international passport has been seized.Critics have attempted to frame the arrest as politically motivated, claiming it was orchestrated through Operation Fushin Kada, a unit established to combat banditry.

However, the police have dismissed these claims, emphasizing that the arrest is based on credible allegations of financial crimes.

Sa’idu, who served in various capacities in Kaduna State, including as Chief of Staff and Commissioner of Finance, remains in detention as investigations continue.