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N1.5bn scam: APC chieftain,ex-SUBEB chairman remanded in prison

An Edo State High Court has ordered the remand of the Woman Leader of the All Progressives Congress, Dr. Esosa Amadasun; a former Chairman, State Universal Basic Education Board, Mr. Stephewn Alao; and three former members of the board in prison for allegedly misappropriating N1.5bn.

The presiding judge, Justice Ohimai Ovbiagele, gave the order pending the hearing on their bail application.

The accused persons were arraigned by the Economic and Financial Crimes Commission on 50 counts bordering on an alleged contract scam.

They were alleged to have corruptly enriched themselves in various sums totalling N1.5bn from the bulk sale of their own shares of SUBEB contracts, an offence said to punishable under Section 26(1) and other relevant sections of the Independent and Corrupt Practices and other related offences Commission’s Act, 2000.

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