Court remands Bauchi finance commissioner over ₦5.79bn money laundering The Economic and Financial Crimes Commission (EFCC) on Tuesday arraigned Yakubu Adamu, Bauchi State Commissioner for Finance, before a Federal High Court in Maitama, Abuja, over alleged money laundering involving ₦5.79 billion. Adamu, a former branch manager of Polaris Bank in Bauchi, was docked before Justice Emeka Nwite alongside Ayab Agro Products and Freight Company Limited on a six-count charge bordering on money laundering, contrary to Section 21(a) of the Money Laundering (Prevention and Prohibition) Act, 2022. At the hearing, the prosecution counsel,...