Drama As Commissioner Flees Court Premises Over N1.7Million Loan In Yola

Date: 06-01-2021 4:53 pm (3 years ago) | Author: Bayo Nelson
- at 6-01-2021 04:53 PM (3 years ago)
(m)

There was a mild drama at the Criminal Area Court II in Yola, the Adamawa State capital, when a serving commissioner in charge of Ministry of Youth and Sports, Sanusi Faruk, and two directors were docked for criminal conspiracy and breach of trust over a loan of N1.728 million. The two directors are Markus Yara Sawa, Ministry of Women Affairs and Iliya Ayuba of the Ministry of Youth and Sports
They were charged to court for defaulting in payment of over N1.728 million loan obtained by the commissioner from Staff Compulsory Savings in the office of the Secretary to the State Government of Adamawa State.
Mr. Faruk, the first accused, was said to have approached the Staff Compulsory Savings Office in October 2020 and collected N1 million “I owe you” with the promise to refund the money in December 2020 with a 20 percent interest totaling N1.728 million.
The two directors – Messrs Sawa and Ayuba – stood as guarantors to Mr Faruk in the loan agreement. The Staff Compulsory Savings, a cooperative, was formed by more than 40 civil servants who make monthly contributions and give out loans to individuals – their staff – and share the profit at the end of every year among members.
But the commissioner allegedly failed to refund any part of the money which allegedly caused members of the cooperative to have a bleak Christmas celebration.
Disturbed by the inability of the commissioner to repay the loan, the cooperative decided to approach the court to seek redress.
Consequently, the commissioner and the two directors were arraigned as 1st, 2nd and 3rd defendants for Criminal Conspiracy and Breach of Trust before Musa Nuhu Garta led-court.

Posted: at 6-01-2021 04:53 PM (3 years ago) | Addicted Hero
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