EFCC Drags Commissioner To Court For Alleged N5.7bn Money Laundering
The Economic and Financial Crimes Commission, EFCC, on Tuesday, December 30, 2025 arraigned Bauchi State Commissioner for Finance, Alhaji Yakubu Adamu, before Justice Emeka Nwite of the Federal High Court, Maitama, Abuja, over alleged money laundering offences involving N5,791,900,000 (Five Billion, Seven Hundred and Ninety-One million, Nine Hundred Thousand Naira). Adamu was the former Branch Manager of Polaris Bank Plc, Bauchi branch. He was arraigned alongside Ayab Agro Products and Freight Company Limited on a six-count charge bordering on money laundering, contrary to Section 21(a) and punishable under Section 21 of the Money Laundering (Prevention and Prohibition) Act, 2022. At the…












