Alleged $65m fraud: court warns ex-FMBN CEO against frivolous adjournment Justice James Omotosho of the Federal High Court, Abuja, has adjourned the trial of the former Managing Director and Chief Executive Officer of the Federal Mortgage Bank of Nigeria (FMBN), Mr. Gimba Kumo Ya’u, and two others, along with their companies, to May 7, 2025. The Independent Corrupt Practices and Other Related Offences Commission (ICPC) is prosecuting Ya’u, Bola Ogunsola, Tarry Rufus, Good Earth Power Nigeria Limited, and T-Brend Fortunes Limited for allegedly diverting $65 million meant for the development of...