(http://www.saharareporters.com/sites/default/files/page_images/news/bankole_nafada_charged.jpg?1307974502) By SaharaReporters, New York The Economic and Financial Crimes commission (EFCC) has formally charged the former speaker of the Nigerian parliament, Dimeji Bankole and his erstwhile deputy, Usman Bayero Nafada, for fraud and loan conversion at the Federal capital territory High Court 28 in Abuja today.
Both men were accused by the anti-graft agency of illegally obtaining N40 billion and converting the loans in a fraudulent manner.
It would be Mr. Bankole's second court appearance today in Abuja. Earlier he was admitted to bail by a federal high court judge. He awaits bail sureties and verification of their assets by the EFCC.
Source: Sahara Reporters.