N4bn fraud: Court grants ex-KASCO MD, others bail

Court-Gavel-1

From Desmond Mgboh, Kano

Justice Usman Na’abba of the Kano State High Court has granted an administrative bail to the former Managing Director of Kano Agricultural Supply Company limited (KASCO), Bala Muhammad Inuwa, and his son, Inuwa Mohammed.

The duo and four others were arraigned before the court by the Kano State Public Complaints and Anti Corruption Commission (PCACC), over alleged complicity in the diversion of over N4 billion granted to the company by the previous administration of the state. 

While the former Managing Director of KASCO was granted bail on self recognition, his son, Inuwa Mohammed, was granted bail on the sum of N10 million or a surety in like sum.

The judge, however, adjourned the case to August 22 for further hearing. 

Counsel to the respondents, Nasiru Aliyu (SAN), had earlier informed the court that there was a pending judgement barring the PCACC from filing any charges or investigating any case bothering on alleged financial misdeed, adding that the case was presently before an appeal court.

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