Economic and Financial Crimes Commission, EFCC, over the weekend gave a graphic detail of how a senatorial aspirant on the platform of the ruling Peoples Democratic Party, PDP, Prince Nicholas Ukachukwu using??four of his companies allegedly looted a whooping sum of N5.6billion public funds belonging to Nasarawa State government.

Former Nasarawa State governor, Alhaji Abdullahi Adamu was also in concert with the eleven accused persons on their own was also alleged to looted the state to the tune of N6.4billion totalling N12billion against all the accused persons.

In the charge sheet no FHC/LF/CR/8/2010, filed at the Federal High Court, Lafia, Nasarawa State, Ukachukwu was alleged to have collected various sums of money from the Nasarawa State government for contracts which he failed to execute.

The anti-graft agency in a 171 count charge preferred against the accused/applicant and twelve others, Ukachukwu and his companies namely Prince and Princess Properties Limited, Nick Associates Company, SNECOU, RIOK Industries and NICCUS Industries??alone were alleged to have collected over N5.6billion from the coffers of the Nsasarawa State government for contracts which they did not execute.

The charges read:???that you Nicholas Ukachukwu whilst being the chairman of SNECOU Group, a non registered company on or about 5th June, 2003??in Lafia, Nasarawa within the jurisdiction of this honourable court obtained contract under the name of Henry and Nick Associate Company Limited to the tune of N589,611,359 (Five hundred and eighty nine million six hundred and eleven thousand three hundred and fifty nine naira) obtained the said sum from Nasarawa State government without executing the contract and in breach of the agreement thereto, thereby committed an offence of Economic and Financial Crimes (looting) punishable under Section 18 of the Economic and Financial Crimes Commission Establishment Act:

? that you Nicholas Ukachukwu whilst being the chairman of SNECOU Group, a non registered company on or about 8th August 2005, in Lafia, Nasarawa within the jurisdiction of this honourable court obtained contract under the name of Henry and Nick Associate Company Limited to the tune of N2,151,680,359.37 (Two billion, one hundred and fifty one million six hundred and eighty thousand?three hundred and fifty-nine naira, thirty-seven kobo) and obtained the said sum from Nasarawa State government without executing the contract and in breach of the agreement thereto, thereby committed an offence of Economic and Financial Crimes (looting) punishable under Section 18 of the Economic and Financial Crimes Commission Establishment Act:

?that you Nicholas Ukachukwu whilst being the chairman of SNECOU Group, a non registered company on or about??25th October 2002 in Lafia, Nasarawa within the jurisdiction of this honourable court obtained contract under the name of Henry and Nick Associate Company Limited to the tune of N284,770,176.90 (Two hundred and eighty four million seven hundred and seventy thousand one hundred and seventy-six??naira, ninety kobo) obtained the said sum from Nasarawa State government without executing the contract and in breach of the agreement thereto, thereby committed an offence of Economic and Financial Crimes (looting) punishable under Section 18 of the Economic and Financial Crimes Commission Establishment Act:

? that you Nicholas Ukachukwu whilst being the chairman of SNECOU Group, a non registered company on or about??25th September 2002 in Lafia, Nasarawa within the jurisdiction of this honourable court obtained contract under the name of SNECOU Group of Company to the tune of N300,000,000.00 (Three hundred million naira) and??obtained the said sum from Nasarawa State government without executing the contract and in breach of the agreement thereto, thereby committed an offence of Economic and Financial Crimes (looting) punishable under Section 18 of the Economic and Financial Crimes Commission Establishment Act:

? that you Nicholas Ukachukwu whilst being the chairman of SNECOU Group, a non registered company on or about 10th May 2004 in Lafia, Nasarawa within the jurisdiction of this honourable court obtained contract under the name of Riok International Limited to the tune of N1,200,000,000.00 (One billion two hundred million naira) obtained the said sum from Nasarawa State government without executing the contract and in breach of the agreement thereto, thereby committed an offence of Economic and Financial Crimes (looting) punishable under Section 18 of the Economic and Financial Crimes Commission Establishment Act:

? that you Nicholas Ukachukwu whilst being the chairman of SNECOU Group, a non registered company on or about 12th January, 2004 in Lafia, Nasarawa within the jurisdiction of this honourable court obtained contract under the name of Prince and Princess Properties Limited to the tune of N1,376,000,000.00 (One billion and three hundred and seventy six million naira) obtained the said sum from Nasarawa State government without executing the contract and in breach of the agreement thereto, thereby committed an offence of Economic and Financial Crimes (looting) punishable under Section 18 of the Economic and Financial Crimes Commission Establishment Act:

? that you Nicholas Ukachukwu whilst being the chairman of SNECOU Group, a non registered company on or about 22nd February 2004, in Lafia, Nasarawa within the jurisdiction of this honourable court obtained contract under the name of NICCUS Industries Limited to the tune of N1,147,775,370.00 (One billion one hundred and forty-seven million, seven hundred and seventy-five thousand, three hundred and seventy naira) obtained the said sum from Nasarawa State government without executing the contract and in breach of the agreement thereto, thereby committed an offence of Economic and Financial Crimes (looting) punishable under Section 18 of the Economic and Financial Crimes Commission Establishment Act:

Hearing into the suit has been fixed for January 19, 2011, when trial judge, Justice Daniel Abutu is expected to rule on whether a prima facia case has been established against the accused persons.

Source:?elombah.com

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