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Monday, June 13, 2011

EFCC re-arrests Dimeji Bankole


The Federal High Court sitting in Abuja on Monday granted bail to Dimeji Bankole, former Speaker of the House of Representatives after eight nights in the custody of the Economic and Financial Crimes Commission (EFCC) but some agents of the Commission immediately re-arrested Mr. Bankole and he will be arraigned on fresh charges today with his former deputy, Usman Nafada.

Bankole who is facing prosecution on alleged corruption charges committed while in office, was asked to submit his international passport to the court which granted him bail earlier in the day in the sum of N5 million and a surety in like sum, with a landed property in Abuja.

He was arrested on Sunday June 5, and charged to court for inflating contract awards which includes the cost of 400 units of 40-inch Samsung (LNS.3410 Television sets) purchased at the rate of N525, 000 per unit, instead of the prevailing market price of N295, 000 and thereby committed an offense contrary to Section 58 (4) (a) of the Public Procurement Act No. 14 of 2007 and punishable under Section 58 (5) of the same Act.

The Commission had also in Abuja on Sunday arrested Mr. Nafada over allegations of corruption while in office.

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