The Economic and Financial Crimes Commission (EFCC) has arraigned the former chairman of the Benue State Independent Electoral Commission (BSIEC), Tersoo Loko, and 10 others over alleged N1.1 billion fraud.
The Makurdi Zonal Directorate of the EFCC told the Benue Division of the Federal High Court that the accused were arraigned on 30-count charges bordering on criminal misappropriation of public funds and money laundering.
The prosecution counsel, M.S. Yusuf, listed the other accused as Kuleve Terlumun, Mtomga Manasseh, Ugbede Denen, Tatyough Thaddeus, Angwa Dominic, Uwua Igbawua, Adese Asom Orkuma Emmanuel, Owoicho Odeh, and Mhir Iyenge.
Mr Yusuf said the complainant alleged that the former BSIEC boss, while in office, misappropriated and diverted funds meant for the conduct of the 2020 and 2022 local government polls to the tune of N1.6 billion.
The prosecution counsel averred that the petitioner further alleged that he utilised only N565 million for both polls out of the N1.6 billion.
He said N1.1 billion was unaccounted for by the former Benue electoral chairman.
Mr Yusuf added that the chairman, sometime in 2020, directly received a cash payment of N118 million from the commission, which was recorded as a receipt/payee and diverted for personal use.
The prosecution counsel further said that, again in 2022, the accused received a cash payment of N110.9 million from the commission, which was recorded as a recipient/payee and diverted for personal use.
He said the acts contravened Section 5(2)(b) of the Money Laundering (Prohibition) Act, 2011, as amended in 2012, and were punishable under Section 15(3) of the same act.
However, when the case came up for mention, the accused pleaded not guilty to all the charges.
Mr Yusuf further asked the court for a date to enable the prosecution to prove its case.
In his ruling, Justice M.S. Abubakar granted bail to the defendants in the sum of N50 million each with one surety in like sum.
Mr Abubakar said the sureties must hold valid passports, and all defendants must deposit theirs with the court registrar.
He also remanded the defendants pending perfection of their bail and adjourned the case until April 24 for hearing.
NAN
