Son of a former Minister of the Federal Capital Territory, Shamsudeen Bala, was yesterday remanded at a High Court sitting in Abuja over his alleged involvement in
The presiding judge, Justice Nnamdi Dimgba remanded the defendant at Kuje prison after he was docked on a 15-count charge by the Economic and Financial Crimes Commission, EFCC. The defendant pleaded not guilty to charges preferred against him.
The presiding judge, adjourned trial till March 27 and 28, and ruling on bail application till February 3. Shamsudeen is facing trial alongside four firms- Bird Trust Agro Allied Ltd, Intertrans Global Logistics Ltd, Diakin Telecommunications Ltd and Bal-Vac Mining Ltd, which the anti-graft agency said were used to launder over N1.1billion.
EFCC alleged that the 1st defendant, in a bid to conceal stolen funds at his disposal, resorted to acquisition of houses within the highbrow areas in Abuja. It told the court that Shamsudeen paid cash for five plots of land and four other choice property in Abuja.
The defendant had through his lawyer, Chief Chris Uche, SAN, begged the court to release him on bail pending the hearing and determination of the charge against him.
The prosecution counsel, Ben Ikani, opposed the bail application, saying the defendant may not be trusted. He said the defendant refused to submit his international passport to the EFCC, which portrays him as a flight risk.