Bauchi State Finance Commissioner, Yakubu Adamu, has been remanded in Kuje Correctional Centre pending the ruling on his bail application. Adamu was arraigned on a six-count charge bordering on alleged money laundering involving N4.6 billion. The Economic and Financial Crimes Commission (EFCC) alleges that Adamu, while serving as Polaris Bank's Bauchi branch manager, conspired with others to launder the funds between June and December 2023 ¹ ² ³.
The charges include conspiracy, money laundering, and unlawful acquisition of funds, with the EFCC claiming the funds were meant for financing motorcycle supply to the Bauchi State Government but were instead diverted. Adamu pleaded not guilty to the charges, and his lawyer, Chief Gordy Uche, SAN, applied for bail, citing the need for Adamu's release to facilitate payment of state workers' salaries ¹ ².
The EFCC opposed the bail application, and Justice Emeka Nwite adjourned the matter to January 2, 2026, for ruling ¹ ².
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