HomeBreaking NewsN240m Fraud:  Supreme Court Affirms  Conviction, Sentence of Senator Albert Bassey

N240m Fraud:  Supreme Court Affirms  Conviction, Sentence of Senator Albert Bassey

-


The Supreme Court of Nigeria, on Friday, February 27, 2026, affirmed the decision of the trial Court and Court of Appeal that convicted and sentenced Senator Albert Bassey to seven years imprisonment and the restitution of the sum of N204m ( Two Hundred and Four Million Naira) to Akwa Ibom State.

Securitynewsalert.com heard that the decision of the five- man panelist of the apex court delivered by Justice Stephen Jonah Adah,  having reviewed the appeal of the appellant, concluded that the decision of the Court of Appeal is affirmed, but the order of restitution which the High Court made but was ignored by the Court of Appeal was restored.

“The order of this court is that the conviction and sentencing imposed by the lower court on the 23 day of June 2023 on the appellant is hereby affirmed but the order of the lower court avoiding the order of restitution given by the trial court did not follow the law, so it is revised and the right order is to nullify same and thereby the restitution of sum of N204 million made by the trial court is restored”,  he said.

Bassey`s journey to the prison started following his prosecution by the Economic and Financial Crimes Commission, EFCC,  led by prosecution counsel,  Ekele Iheanacho SAN, before Justice Agatha Okeke of the Federal High Court in Oyo, Akwa Ibom State, for receiving bribes of 12 cars worth N254 million as Commissioner for Finance in Akwa Ibom State.   He was convicted on all seven-count charges against him and sentenced to seven years in prison for each charge, totalling 42 years on Thursday, December 1, 2022.

However, the defendant proceeded to the appellate court, to which the three-man panel led by Justice Rapheal Chikwe Agbo upheld the conviction but with an option of fine, before the apex court struck out the judgment in parts.

#https://securitynewsalert.com/

SUPPORT US

At Priceless Media Publishing Nig. Ltd /Securitynewsalert.com, we are steadfast in our commitment to independent journalism: reporting that is fearless, impartial, and free from the interference of powerful personalities, politicians and government interests.

Without corporate sponsorships or political affiliations, our ability to investigate freely rests in the hands of the people we serve—you!

Every donation helps us expose the truth, amplify silenced voices, and hold power accountable.
Stand with us because journalism should serve the people, not power.

• Account Name: PRICELESS MEDIA PUBLISHING NIG. LTD
• Account Number: 1943445259
• Bank Name: ACCESS Bank

LEAVE A REPLY

Please enter your comment!
Please enter your name here

LATEST POSTS

PASNAFOSA Mourns Major General Rabe Abubakar, Demands End to Terrorist Amnesty

A civil society organisation dedicated to supporting Nigeria's security forces has condemned the death of retired Major General Rabe Abubakar, who died in the custody...

Troops Arrest Suspected Kidnappers, Recover AK-47 Rifles in Borno

Troops of Joint Task Force North East, Operation HADIN KAI, have arrested five suspected kidnappers and recovered weapons in Magumeri Local Government Area of Borno...

Ogun Police Foils Cross-Border Bus Theft, Arrests Two Suspects In Idiroko

 Operatives attached to the Idiroko Division of the Ogun State Police Command have foiled a cross-border vehicle trafficking attempt and arrested two suspects in connection...

ENF Hails Improvements at Oyo PHC Following Advocacy, Calls for Wider Healthcare Reforms

The Elegant Nurses Forum (ENF) has announced significant improvements at Oke-Adu Primary Health Care Centre in Ibadan North East Local Government Area of Oyo State...

Follow us

0FansLike
0FollowersFollow
0SubscribersSubscribe

Most Popular

spot_img