The Federal High Court sitting in Kaduna has adjourned the hearing and ruling on a case of alleged fraud against a serving legislator from Katsina, Mansur Ali Mashi to June 15 and 16.
According to the Economic and Financial Crimes Commission, EFCC, Mashi, lawmaker representing Mashi Dutsi Federal Constituency allegedly secured a loan of up to N212,439,552 using fake companies.
The offence, the anti-graft agency informed violates Section 15(1)(b) and is punishable under Section 16(1)(a) of the Failed Banks (Recovery of Debts) And Financial Malpractices in Banks Act.
Meanwhile, Mashi was docked along with four bank employees: Hassan Usman (now deceased), Shehu Aliyu, Muazu Abdu, and Abdulmumini Mustapha.
Upon arraignment, the defendants pleaded not guilty and the matter proceeded to trial subsequently.
However, Justice Sale Musa Shuaib. Adjourned the case till next month for further hearing and judgment.
