Justice Muawiyah Idris of the Federal Capital Territory, FCT High Court, Nyanya, has ordered the detention of Babagana Abba Dalori, Managing Director/Chief Executive Officer of Galaxy Transportation and Construction Services Limited, in the custody of the Economic and Financial Crimes Commission (EFCC) for diverting $2.8million and N6.5billion of investors’ funds.
The trial judge gave the order on September 9, 2019, while ruling on a bail application brought before the court by his counsel, Joe-Kyari Gadzama, SAN, following Dalori’s arraignment by the EFCC for criminal charges.
The EFCC had on September 2, 2019, arraigned Abba Dalori and his company, before Justice Idris on three separate charges – two counts bordering on an N95,530,000 fraud; two counts bordering on obtaining N4million by false pretence; and eight counts bordering N30,908,000 fraud. Dalori is also being prosecuted by the EFCC before Justice Venchak Gaba of the FCT High Court, Kwali, Abuja for alleged N10million fraud.
Following his arraignment before Justice Idris, Gadazama had moved the application for his bail arguing that the case against him was civil. He also urged the court to release him on health grounds. The bail application was, however, vehemently opposed by counsel for the EFCC, Maryam Ahmed, who urged the court to deny the application for bail in the interest of justice.
In arguing against the application, the EFCC had also attached 145 petitions in the counter-affidavit, stressing that the EFCC needed more time to investigate the allegations.