Alleged N4bn fraud: Court grants bail to ex-KASCO MD

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From Mustapha Adamu, Kano

Kano State High Court 4, sitting at Audu Bako Secretariat, presided over by Justice Usman Na’abba yesterday, granted administrative bail to the former Managing Director of Kano Agricultural Supply Company limited (KASCO), Bala Muhammad Inuwa and his son, Inuwa Mohammed, who are dragged to court with four others by Kano State Public Complaints and Anti Corruption Commission (PCACC), over their alleged involvement in the diversion of over N4 billion grant to the company by Kano state government.
The Court granted the former KASCO boss bail on self recognition, while his son, Inuwa Mohammed, was granted bail l with the sum of N10 million or a surety in like sum.
Justice Usman, while delivering his judgment said the bail application was granted to the former KASCO Managing Director on self recognition.
When the case came up for hearing, the Defense Counsel, Prof. Nasiru Aliyu (SAN), told the court that it was wrong for the Court to hear and entertain the charge filed by the PCACC on the grounds that there was a court judgement that prevented PCACC to file any charges or investigate any case that bothers around financial crimes, already on appeal.
The judge, however, adjourned the case to August 22 for further hearing.
The former KASCO Boss and four others, were charged to Court on a 10-count charge of diversion and misappropriation of over N4 billion grant from Kano State government.
PCACC accused the Respondents of diverting over N4 billion made for KASCO into their private accounts and that of their accomplices.
Other Respondents in the 10-coint charge are Bala Inuwa Muhammad; Mrs Halima Bala Inuwa; Najib Lawan Muhammad; Incorpoated Trustees of Association of Compassionate Friends
The Respondents are to be arraigned on criminal breach of trust, criminal misappropriation and making false statements (and) or return contrary to the Penal Code and Public Complaints and Anti-Corruption Commission laws of Kano state.
The 10-count charges were preferred under Sections 121 (1), 123 (1)(a), and 126 (b) of the Administration of Criminal Justice Law (2019).

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