EFCC Arraigns Bauchi Finance Commissioner on ₦4.6bn Charges, Court Orders Remand

The EFCC has arraigned Bauchi State Finance Commissioner, Yakubu Adamu, on charges of money laundering involving ₦4.6 billion. Adamu and others are accused of converting and concealing funds allegedly disbursed by Polaris Bank under false pretenses.

The court has ordered Adamu's remand pending a bail application. The defense has pleaded not guilty to the six-count charge.

The case involves allegations of financial fraud and money laundering.