PMNews reports that,the former commissioner was arraigned by the Economic and Financial Crimes Commission (EFCC) on March 5, 2013 alongside two others who were discharged as well as a company owned by Elias on four count charges of fraud.
In addition, the first convict must return/refund the sum of N51.5 million to Adamawa state local Government joint account fund from where it was stolen.
The judge also ordered the Corporate Affairs Commission (CAC) to wind up Al-Akim Investment Limited and have its assets forfeited to the federal government of Nigeria.
Justice Aliyu said the judgment will serve as a deterrent to public office holders who may want to divert public funds for personal benefit.
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