Alleged fraud: Ex-lawmaker gets bail

Nze Chidi Duru
A former House of Representatives member, Nze Chidi Duru, was yesterday granted bail on self-recognizance in a N16.1 million fraud charge brought against him by the Federal Government.
The Economic and Financial Crimes Commission (EFCC) arraigned the defendant before an FCT High Court on a four count charge bordering on criminal breach of trust and forgery of documents. He pleaded not guilty to the charge.
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He was alleged to have diverted pension funds of First Guarantee Pension Ltd (FGPL) to pay for land allocations from Lagos State government. He served until 2011 as the Vice Chairman of FGPL. It was also alleged that he “knowingly and fraudulently made a false document”.
Upon admission of the defendant to bail on self-recognizance, the judge added that the defendant must deposit his international passport(s) to the court Registrar pending the determination of the suit. The case was adjourned to 27th February for hearing.
Dailytrust
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