The Economic and Financial Crimes Commission has told a Federal High Court in Abuja that a former Director of Nigerian Navy Accounts, Rear Admiral Tahir Yusuf Biu, is on the run and cannot be reached.
9News Nigeria gathered a report that Yusuf was being prosecuted by the Nigerian government through the EFCC for allegedly stealing N2 billion while serving as Director of Nigerian Navy Accounts.
The anti-graft agency said that all efforts to locate the whereabouts of Admiral Biu have proved unsuccessful since March 16 this year, when 9 counts were filed against him.
EFCC’s counsel, Mr. Cosmas Obeta Ugwu, lamented that the defendant could not be found; hence, he could not be brought before the court to defend the criminal charges against him.
The charge sheet revealed that on March 14, 2012, Biu allegedly took possession of N135.4 million which he put in his Bitmas Enterprises account 1001439871. The money was transferred from the Defence Intelligence Agency personnel account, while another N197.8 million was also transferred in the same manner into the Bitmas account.
EFCC also charged him with the unlawful transfer of N148 million from the Defence Intelligence Agency to his company account at Zenith Bank and N334 million into the same company’s account in the same manner.
Also, Admiral Biu was alleged to have taken possession of another N152 million and another N20 million from Defence Intelligence Agency transferred into the company account.
The anti-graft agency also alleged that the former Naval Chief diverted $300,000 from a Navy personal account meant for the purchase of furniture for Navy Secondary School at Okura to his company account domiciled at Zenith Bank before he escaped to an unknown destination.
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