A Kano State High Court Justice Usman Na’abba on Tuesday granted an administrative bail to the former Managing Director, Kano Agricultural Supply Company limited (KASCO), Bala Muhammad Inuwa, who is facing trial for allegedly diverting N4bn belonging to the company.
Justice Na’abba sitting at a Kano State High Court granted the bail, but admitted the suspect to bail on self-recognition on the grounds that he had been kept in custody of PCACC beyond the time permissible by the law.
The court also admitted Inuwa’s son, Inuwa Muhammad (Jnr), to bail of N10 million and a surety in like sum.
Inuwa’s counsel, Professor Nasiru Aliyu (SAN) earlier informed the court that it cannot hear and entertain the charge filed by the PCACC as there was a court ruling preventing the PCACC from arresting or charging his client to court.
The PCACC is charging Inuwa, being sued alongside four others, including his son, for allegedly diverting over N4 billion among other charges. He is.
The co-defendants are Inuwa Mohammed (Jr), Halima Inuwa, Najib Muhammad and Incorporated Trustees of the Association of Compassionate Friends.
The charges against the defendants include criminal breach of trust, criminal misappropriation and making false statements of return contrary to the penal code and PCACC laws of Kano State.
The Kano State Public Complaints and Anti-Corruption Commission (PCACC) picked up Inuwa last week for allegedly breaking into a warehouse confiscated in the ongoing investigation into the alleged N4billion fraud during his reign as the MD of KASCO.
