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ICPC Charges Rural Electrification Agency Officials with Stealing N1.2 Billion

By   Milcah   Tanimu

The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has charged seven officials of the Rural Electrification Agency (REA) with embezzling up to N1.2 billion through the agency’s payment platform.

At the Federal High Court in Abuja, a prosecution witness, Bariki Zaknayaba, testified how Usman Kwakwa, a senior staff member at REA, allegedly diverted funds using his personal and company accounts.

The charges against Mr. Kwakwa include allegations of illegally receiving N298 million into his accounts between March and July 2023. These payments, purportedly for project monitoring, were made without proper authorization or documentation.

The ICPC’s investigation, triggered by petitions from NGOs and the National Assembly, uncovered irregularities in the financial processes of REA, implicating several senior officials, including Abubakar Sambo, the Director of Finance and Account.

The trial continues, with objections raised by the defense regarding the admissibility of evidence. The court has adjourned until November 21 to rule on the admissibility and proceed with the case.

The defendants, including Mr. Kwakwa, face separate trials at the Federal High Court in Abuja for their alleged involvement in the fraudulent activities.

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