Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.


Kano forex bureau manager probed for theft

21 October 2014, 08:54 Okoro Chinedu

Lagos – A Bureau de Change operator has appeared at the Kano State High Court for allegedly converting US$50 000 entrusted on him by his employer to his personal use.

The Economic and Financial Crimes Commission, (EFCC) arraigned Abubakar Abdullahi before Justice Dije Aboki on one count charge of criminal breach of trust.

It is alleged the accused, who is the manager of Maisabulu Bureau de Change, Kano, had sometime in April, 2013 upon the instruction of his employer, Alhaji Kabiru Maisabulu, the managing director of the company, purchased the sum of $50 000 from the Central Bank of Nigeria on behalf of one Bello Sani Yakassai of Misau Bureau de Change but converted the money to for his personal use.

Also Read: Two arrested as stolen car recovered in Anambra

The count reads, "That you Abubakar Abdullahi being the manager of Maisabulu Bureau de Change sometime in April 2013 in Kano within the judicial division of the High Court of Justice of Kano being entrusted with certain property to wit: the sum of $50 000 equivalent to the sum of N7 780 000 given to you by Ahaji Kabiru Maisabulu for onward transmission to Bello Sani Yakassai committed criminal breach of trust."

The offence is punishable under Section 314 of the Penal Code.

The accused pleaded not guilty when the charge was read to him.

Based on his plea, Justice Aboki ordered that the accused be remanded in EFCC custody pending the hearing of the bail application and adjourned the matter to November 4.

- CAJ News


Read News24’s Comments Policy

Comment on this story
1 comment
Comments have been closed for this article.

Read more from our Users

Nigeria @ 56: Words to my green f...

A leader’s job is not to dictate, but rather to be respected, admired and be a trustee, of the land we love, with so much potential, a land which should be freer than free. Its still a long way to fufilling our destiny! Read more...

Submitted by
Isaac Asabor263
Recession: An opportunity for Nig...

The recession should be seen as an opportunity for the country’s promotion as long as we all collectively conduct ourselves in a patriotic manner, writes Isaac Asabor.  Read more...

Submitted by
Black and White

We want to imitate the whites in everything because we are ignorant of our inherent originality and content. We spend all our Naira to acquire his inventions because we so oblivious of our natural endowments that we allow him have it for free. Read more...

Submitted by
Nate Nat
Adamawa State University Mubi: A ...

ADSU integrity forum has accused the Sunday Joshua Wugira, a lawyer, of adopting unorthodox tactics by abusing his privilege by attacking the integrity of ADSU Vice Chancellor Dr. Moses Zira Zaruwa, writes a News24 reader. Read more...

Submitted by
Abdulsalam Jubril
My Country Nigeria (Part One)

Poetry by Abdulsalam Jubril.

Submitted by
Abdulsalam Jubril
Recession, dearth in leadership a...

Every leader has the opportunity to become great and making himself immortal in the lives and hearts of people for generations to come. Will Mr. President seize this opportunity?, questions Abdulsalam Jubril. Read more...