ADVERTISEMENT
The Moment Nigeria
  • Home
  • News
  • Business
  • Entertainment
  • Interviews
  • Life and Styles
  • Sport
No Result
View All Result
  • Home
  • News
  • Business
  • Entertainment
  • Interviews
  • Life and Styles
  • Sport
No Result
View All Result
The Moment Nigeria
No Result
View All Result
  • Home
  • News
  • Business
  • Entertainment
  • Interviews
  • Life and Styles
  • Sport

ICPC arraigns REA staff for stealing N298m

by Usman Kadri
June 10, 2024
Reading Time: 2 mins read
ICPC arraigns REA staff for stealing N298m
Share on FacebookShare on TwitterShare on WhatsappShare on LinkedIn

The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has arraigned Usman Kwakwa, an official of the Rural Electrification Agency (REA), for allegedly stealing N298 million through the agency’s payment platform.

He was arraigned on Thursday before a federal high court in Abuja on a four-count charge.

Kwakwa is one of several officers allegedly involved in over “N1.2 billion fraud” at the agency.

RELATED STORIES

Ilorin Durbar 2025: A grand convergence of culture, heritage, and community brands invited to join the 2026 legacy

Ilorin Durbar 2025: A grand convergence of culture, heritage, and community brands invited to join the 2026 legacy

June 19, 2025
NECA makes case for reform policies alignment to achieve economic growth

NECA makes case for reform policies alignment to achieve economic growth

June 18, 2025

At least, five officials of the agency, including Kwakwa, have been charged separately by the ICPC for various amounts of funds they allegedly stole from the agency in March 2023.

Kwakwa pleaded not guilty to the four-count charge and was granted bail in the sum of N50 million.

Earlier during the proceedings, Suobeni Akponimisingha, prosecution counsel, informed the court about the absence of three other defendants — Emmanuel Titus, Umar Karaye and Henrietta Okojie.

Akponimisingha said all the defendants were served with copies of the charges and duly informed of the day’s proceedings, but they chose to stay away.

He prayed for the court to issue a bench warrant against them.

In a short ruling, Emeka Nwite, the presiding judge, ordered the arrest of the three accused persons.

“The defendant decided not to come to court. I am convinced that the defendant deliberately absented himself from court,” Nwite ruled.

Nwite fixed June 13 for Titus and Karaye’s arraignment, while June 14 was fixed for Okojie’s arraignment.

The ICPC, in the separate charges filed against the defendants, accused them of moving funds belonging to the agency through the Government Integrated Financial Management Information System (GIFMIS) payment platform to their personal accounts in tranches.

The public funds were meant for the provision of electricity to rural communities across the country.

In March, President Bola Tinubu approved the indefinite suspension of Ahmad Salihijo Ahmad, the managing director of REA, as well as three executive directors of the agency, following findings obtained during a comprehensive investigation into the financial activities of the agency.

However, Ahmad’s name did not appear in any of the charges by the ICPC. He is yet to be recalled from suspension.

Next Post
BREAKING: FG, Labour agree on new minimum wage

Minimum wage: Labour warns FG, we'll resume strike if...

More Articles...

Ilorin Durbar 2025: A grand convergence of culture, heritage, and community brands invited to join the 2026 legacy

Ilorin Durbar 2025: A grand convergence of culture, heritage, and community brands invited to join the 2026 legacy

June 19, 2025
JUST IN: Court rejects FG’s application to remand Natasha Akpoti, grants her N50m bail in ‘defamation’ suit

JUST IN: Court rejects FG’s application to remand Natasha Akpoti, grants her N50m bail in ‘defamation’ suit

June 19, 2025
Zenith Bank retains Best Commercial Bank in Nigeria and Best Corporate Governance Awards at World Finance 2024 Awards

Zenith Bank to exit CBN’s regulatory forbearance by 30th June, assures shareholders of continued dividend payout

June 19, 2025
IHS Nigeria and United Nations Global Compact Host High-Level Dialogue on Sustainability and Greener Business Practices in Nigeria

IHS Nigeria and United Nations Global Compact Host High-Level Dialogue on Sustainability and Greener Business Practices in Nigeria

June 19, 2025
Olori Aderonke EmmanuelKing honoured in spirit-filled birthday celebration as Valiant Special Prayer Squad marks third anniversary

Olori Aderonke EmmanuelKing honoured in spirit-filled birthday celebration as Valiant Special Prayer Squad marks third anniversary

June 18, 2025
Under 40 CEOs launches ‘How We Made It’ in Africa

Under 40 CEOs launches ‘How We Made It’ in Africa

June 18, 2025

STANBIC IBTC ADVERT

About Us

Themomentng.com is an online community of reporters and social advocates dedicated to bringing you features, news reports by Africans, but from a global perspective.

Contact Us

+447771081433
+2348051966180(WhatsApp/SMS Only)
Email: themomentng@gmail.com

Categories

  • Business
  • Education
  • Entertainment
  • Events
  • Featured
  • Food
  • Foreign
  • Health
  • Interviews
  • Life and Styles
  • Metro
  • Motoring
  • News
  • Opinion
  • Politics
  • Religion
  • Society
  • Sport
  • Technology
  • Top Story

Follow Us

Facebook Twitter Instagram

Copyright © Themomentng.com. All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Business
  • Entertainment
  • Interviews
  • Life and Styles
  • Sport