A Bauchi High Court arraigned former Accountant-General Sa’idu Abubakar on Friday over a 16-count charge of fraud, forgery, and abuse of office.
Prosecutors say Abubakar diverted over N11 billion in government loans meant for buying motorcycles that never existed. The breakdown: N3 billion from a UBA loan for 5,000 motorcycles, N4.65 billion from Polaris Bank, and another N3.36 billion from UBA – all tied to motorcycle procurement projects.
Court filings also allege he misled the Bauchi State House of Assembly and the Secretary to the State Government by presenting fake approval documents for the loans. He’s further accused of creating Irrevocable Standing Payment Orders without authorization and possessing forged documents.
Prosecutors plan to use ISPO records, bank statements, state assembly resolutions, and witness testimony from finance officials and investigators to back their case.
Abubakar will now face trial at the Bauchi State Financial Crimes Court.
