Peace Adedigba
The Economic and Financial Crimes Commission,on Wednesday, arraigned one Kabiru Mohammed before Justice Aisha Mahmud of the Kano State High Court on a one count charge of criminal misappropriation.
According to the statement issued by the EFCC, the defendant allegedly collected two trucks of Maize worth N18,537.390 (eighteen million five hundred and thirty-seven naira, three hundred and ninety Kobo.) from the petitioner on the understanding that he would make full payment upon sale of the items.
The EFCC said the defendant reneged on the agreement by remitting only N13,400,000 and diverting the sum of N5,137,930 (five million, one hundred and thirty seven thousand, nine hundred and thirty naira only) to personal use.
He told the court that the defendant however paid a further N1,000,000 (One Million Naira Only) to the complainant in the course of the investigation, leaving a balance of four million, one hundred and thirty Seven thousand, three hundred and ninety naira (N4,137,390.00).
The charge reads, “You, Kabiru Mohammed Shanon, whilst trading under the name and style of “Kabiru Shanono Ent”, sometime in 2021, at Kano within the jurisdiction of the High Court of Kano State knowingly and dishonestly misappropriated the sum of Four Million, One Hundred and Thirty Seven Thousand, Three Hundred and Ninety Naira (N4,137,390.00), being the outstanding amount of the purchase price of two trucks of Maize, which you sold on behalf of Alhaji Shuaibu Alhassan to Infinity Snacks and Beverages Limited, proceeds of which you were supposed to remit fully to Alhaji Shuaibu Alhassan but instead, converted same to your own use, and you thereby committed an offence contrary to Section 308 and punishable under Section 309 of the Penal Code Law of Kano State.”
The defendant, however pleaded not guilty to the charge preferred against him.
Following his plea, counsel for the prosecution, Clinton Wilson Okereke urged the court to fixe a date for the commencement of trial.
However, the counsel representing the defendant, GY Gambo applied for the bail of his client which was opposed to by the prosecution counsel on the grounds that the application was only served on him in the morning of arraignment, adding that he needed time to respond with a counter affidavit.
Justice Mahmud, therefore adjourned the matter till July 17, 2023 for hearing.
The defendant was remanded in EFCC custody awaiting the hearing and determination of his bail application.
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