Court Jails Ex-Reps Member 5 Years For Stealing N212m

A former member of the Federal House of Representatives, Hon. Mansur Ali Mashi, who represented Mashi Dutsi federal constituency in the 9th Assembly, was on Friday, sentenced to 5 years in imprisonment over N212m fraud.

Mansur Ali Mashi was convicted on eight counts charge of conspiracy and obtaining by false pretenses, alongside three bank officials; Abdulmumini Mustapha, Shehu Aliyu and Muazu Abdu in a trial that lasted 12 years.

The Economic and Financial Crimes Commission (EFCC) had accused Mashi of using fictitious companies to fraudulently obtain a loan facility to the tune of N212,439,552 (Two Hundred and Twelve Million, Four Hundred and Thirty-nine Thousand, Five Hundred and Fifty-two Naira) only from a new generational bank, which he diverted to personal use.

When the matter was called on Thursday, June 15, the 1st defendant, Mansur Ali Mashi was absent in court, but he was pronounced guilty on counts 1 to 8 and was convicted accordingly.

The 4th defendant was also absent but the court found him guilty on all counts and convicted in.

The court however reserved sentencing for the two absentee defendants until they are arrested and brought before the court.

The 2nd defendant, Abdulmumin Mustapha, a former branch manager of Sterling Bank, was convicted on counts 1 to 15 and sentenced to five years imprisonment on each count without option of fine.

The court further ordered the 2nd defendant to restitute Sterling Bank in the sum of N40, 000,000 (Forty Million Naira).

The 3rd defendant, who is a former Head of Operations Manager of the bank, was discharged on count 1-8 but convicted on counts 9 to 15 and sentenced to 5 years imprisonment on each count without option of fine.

Mansur Ali Mashi is also awaiting judgment in a case of contempt of court before the same court.

The judgment was slated for Friday, June 16, 2023. It was alleged that he sold properties that were confiscated from him by the Court through an interim forfeiture order.