N173m Fraud: EFCC detained Hon Gebi
Adetokunbo Fakeye
A member of the Nigeria House of Representatives representing Bauchi Federal Constituency, Hon Aliyu Gebi has been arrested and detained by the Economic and Financial Crimes Commission, EFCC over N173m fraud.
NigerianEcho learnt, the Honourable member of the House of Reps was detained this morning as he reported following an invitation by the Commission.
Sources informed Gebi is being detained towards his arraignment in court over alleged fraud of N173million, which he allegedly obtained from various sources under false pretences.
The Honourable member of the House of Reps, was alleged to have obtained N60 million as loan from one Chinedu Iloabachie, N47million from a property developer, N16million from Senator Ahmed Zanah under false pretence to help convert the money to foreign currency, all to pursue his political ambition.
Gebi was said to have issued dud cheques to Iloabachie while pretending to be paying back the loan.
Economic and Financial Crimes Commission (EFCC) had in January last year(2013) arraigned Hon. Gebi of the before the an FCT High Court, Abuja on a 13-count charge of issuing dud cheques worth over 125 million Naira to one Usman Mustapha.
According to the EFCC then, one of the charges reads: “That you, Hon. Aliyu Gebi, being the owner and sole signatory of Craft Technology Ltd and Craft Technology Ltd on or about the 12/01/2012 at Abuja Judicial Division of the High Court of the Federal Capital Territory did obtain credit by issuing a UBA Plc cheque No. 00091852 in the sum of N10,000.000.00 (Ten Million naira) only in favour of Musty Petroleum Ltd. which when presented within three months was dishonored on the ground that there was insufficient fund in the account and thereby committed an offence punishable under section 1 (b) (I) of the dishonored cheque ( offences) Act, 2004 Laws of the Federation of Nigeria.