• About us
  • Advertise
  • Privacy & Policy
  • Contact
Saturday, May 17, 2025
  • Login
NewsPeg Magazine logo
  • Home
  • News
    • World
    • Business
    • Politics
  • Technology
  • Entertainment
    • Sports
  • Lifestyle
    • Health
No Result
View All Result
  • Home
  • News
    • World
    • Business
    • Politics
  • Technology
  • Entertainment
    • Sports
  • Lifestyle
    • Health
No Result
View All Result
NewsPeg Magazine logo
No Result
View All Result
Home EFCC

Court Sentences Fake Auctioneer to 7 Years Imprisonment for N35m Scam in Kano

Admin by Admin
March 14, 2025
in EFCC
Reading Time: 3 mins read
0
Court Sentences Fake Auctioneer to 7 Years Imprisonment for N35m Scam in Kano
Share on FacebookShare on TwitterShare on Whatsapp

By Nkechi Eze

 Justice Nasiru Saminu of the Kano State High Court has convicted and  sentenced  Bulama Abdulrahman to seven years imprisonment without an option of fine,  for posing as an auctioneer assigned by the Economic and Financial Crimes Commission, EFCC,  to sell some properties forfeited to the Federal Government on the Commission’s behalf.

A signed statement made available to journalists by the commission’s spokesperson Dele Oyewale disclosed that he was jailed after facing trial on two-count charges bordering on intent to defraud and obtaining under false pretences to the tune of N35,000.000 (Thirty-five Million Naira only)

One of the charges reads:

“That you Abdulrahman Bulama on or about June, 2023 in Kano within the jurisdiction of the Kano State High Court,  with intent to defraud, obtained the sum of N20,000,000 (Twenty Million Naira only) from one Safiyanu Abdullahi of Tauraro and Property Limited under the false pretense that you are an auctioneer and you had the consent and authority of the Economic and Financial Crimes Commission to auction a fenced uncompleted building at Rijiyar Zaki Kano , which pretence you knew to be false and you thereby committed an offense contrary to Section 1(1)(a) of the Advance Fee Fraud and Other Fraud Related Offenses Act, 2006.”

The defendant pleaded not guilty to the two- count charges when they were read to him.

In view of his plea,  prosecution counsel,  Musa Isah,  took the cases to full trial during which he presented three witnesses while the defendant stood as lone witness in his defence.

Upon conclusion of the case, Justice Saminu,  convinced by the weight of evidence presented by Isah,  found the defendant guilty as charged on count two and acquitted him on count one.

Subsequently,  Isah prayed  the court to convict the defendant accordingly.

The defence counsel pleaded with the court to temper justice with mercy adding that the defendant is a Phd student at Nasarawa State University.

Accordingly, Justice Saminu convicted the defendant and sentenced him to seven  years imprisonment without an option of fine. The judge further ordered that the defendant pays the sum of N35,000,000 (Thirty Five Million Naira only) as restitution to the victim. The court also ordered that,  for any failure to pay the restitution, the defendant will serve an additional prison term of seven  years.

Bulama’s journey to prison began when the Commission received a petition alleging that he posed as an auctioneer assigned by the EFCC to sell some properties that were forfeited to the Federal Government on the Commission’s behalf. In the process, Bulama allegedly obtained a sum of N35,000,000  from   his victims under the guise of selling them a truck and an uncompleted building in Kano.

Bulama is a serial fraudster who was investigated by the Commission and was subsequently convicted by the Kano State High Court on  June  28, 2021 for a similar offence bordering on obtaining by false pretence.

ShareTweetSend
Previous Post

NSCDC arrests suspected Rail Vandal, Driver, Recover Exhibits In Kaduna

Next Post

N54m Fraud: Former Kebbi LG Administrator, Finance Director Arraigned by ICPC

Admin

Admin

Related Posts

EFCC Raises Alarm Over Rising Youth Involvement in Cybercrime in Lagos
EFCC

EFCC Raises Alarm Over Rising Youth Involvement in Cybercrime in Lagos

May 16, 2025
EFCC Arrests Auditor, Cashier in Uyo Over Alleged N275 Million Company Fraud
EFCC

EFCC Arrests Auditor, Cashier in Uyo Over Alleged N275 Million Company Fraud

May 15, 2025
Ibadan Court Jails Man for Selling Naira Notes at Nightclub
EFCC

Ibadan Court Jails Man for Selling Naira Notes at Nightclub

May 15, 2025
Next Post
N54m Fraud: Former Kebbi LG Administrator, Finance Director Arraigned by ICPC

N54m Fraud: Former Kebbi LG Administrator, Finance Director Arraigned by ICPC

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Editor's Choice

INEC Publishes Candidate Details for 2025 Anambra Governorship Poll

INEC Publishes Candidate Details for 2025 Anambra Governorship Poll

May 17, 2025
Military Sustains Nationwide Onslaught Against Insecurity, Destroys Terrorist Camps and Foils Oil Theft — DHQ

Military Sustains Nationwide Onslaught Against Insecurity, Destroys Terrorist Camps and Foils Oil Theft — DHQ

May 17, 2025
  • Trending
  • Comments
  • Latest
NAVY CAPTAIN A. MNGUVE UNVEILS THREE INSPIRATIONAL BOOKS IN LITERARY TRIUMPH

NAVY CAPTAIN A. MNGUVE UNVEILS THREE INSPIRATIONAL BOOKS IN LITERARY TRIUMPH

May 7, 2025
DICON-D7G Nigeria Limited Board Inaugurated to Enhance National Security and Self-Reliance

DICON-D7G Nigeria Limited Board Inaugurated to Enhance National Security and Self-Reliance

March 19, 2025

Coalition Dismisses Arrest Warrant Claim Against Aisha Achimugu

March 18, 2025
CACO Launches Nigeria Localization Barometer Project in Abuja

CACO Launches Nigeria Localization Barometer Project in Abuja

November 11, 2024

MEDIA FOUNDATION SEEKS UPGRADED DIGITAL INFRASTRUCTURE IN NIGERIA

4

Easter/Eid-el-Fitr: FRSC Records Massive Reduction in Road Crashes.

2
GSAI TRAINS JOURNALISTS TO INTENSIFY ENGAGEMENTS REVOLVING AROUND INVOLVEMENT OF WOMEN IN POLITICS AND GOVERNANCE

GSAI TRAINS JOURNALISTS TO INTENSIFY ENGAGEMENTS REVOLVING AROUND INVOLVEMENT OF WOMEN IN POLITICS AND GOVERNANCE

2

IDENTIFYING BARRIERS TO WOMEN’S POOR REMUNERATIONS, IT’S EFFECTS ON HOUSEHOLD.  LACK OF INCLUSIVE LABOUR LAWS?

2
INEC Publishes Candidate Details for 2025 Anambra Governorship Poll

INEC Publishes Candidate Details for 2025 Anambra Governorship Poll

May 17, 2025
Military Sustains Nationwide Onslaught Against Insecurity, Destroys Terrorist Camps and Foils Oil Theft — DHQ

Military Sustains Nationwide Onslaught Against Insecurity, Destroys Terrorist Camps and Foils Oil Theft — DHQ

May 17, 2025
President Tinubu Backs Military with Air Power Boost to Tackle Insecurity – Defence Chief

President Tinubu Backs Military with Air Power Boost to Tackle Insecurity – Defence Chief

May 16, 2025
Bravery and Speed: NAF Quells Gas Fire, Treats Injured in Port Harcourt

Bravery and Speed: NAF Quells Gas Fire, Treats Injured in Port Harcourt

May 16, 2025
NewsPeg Magazine

Newspeg is a General interest Magazine conceived by Nigerian Media practitioners of like minds across ethnic and geo-political divides of the country, for the purpose of creating uniqueness in Magazine reporting in Nigeria and repositioning the country for the needed growth.

Follow Us

  • About us
  • Advertise
  • Privacy & Policy
  • Contact

© 2024 Newspeg magazine - powered by Vecrit.

No Result
View All Result
  • Home
  • News
    • Business
    • World
  • Technology
  • Entertainment
  • Lifestyle
  • Editorial
  • Columns
  • More

© 2024 Newspeg magazine - powered by Vecrit.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In