The Economic and Financial Crimes Commission (EFCC) has re-arraigned former National Security Adviser (NSA), Colonel Sambo Dasuki (retd), before Justice Charles Agbaza of the Federal Capital Territory High Court, Abuja, on charges of fraud.
Dasuki was re-arraigned alongside former General Manager of the Nigerian National Petroleum Corporation (NNPC), Aminu Baba Kusa, as well as Acacia Holdings Limited and Reliance Referral Hospital Limited.
The defendants are facing a 32-count charge, primarily related to breach of trust and dishonesty involving N33.2 billion (Thirty-three billion, Two Hundred Million Naira).
One of the charges states that Dasuki, while serving as NSA, allegedly misappropriated N10 billion on November 27, 2014.
The amount, part of the funds in the NSA’s account with the Central Bank of Nigeria (CBN), was purportedly received in foreign currencies—$47 million and 5.6 million euros—for special security services.
However, the prosecution alleges that the money was instead funneled into funding the People’s Democratic Party (PDP) presidential primary election, an act classified as a criminal breach of trust under Section 315 of the Penal Code Act.
Another charge accuses Dasuki of dishonestly misappropriating N1.45 billion between October 9, 2014, and April 17, 2015.
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The sum was allegedly transferred to Acacia Holdings Limited, controlled by Aminu Baba-Kusa, under the pretext of organizing prayers. This act has been deemed an offense under Section 309 of the Penal Code Act.
Additionally, between April 4, 2014, and November 30, 2014, Dasuki was accused of transferring N4.685 billion from the NSA office’s account at CBN into Sylvan McNamara Limited’s bank account.
The funds, purportedly meant for physical security infrastructure, were allegedly diverted for the PDP’s gubernatorial campaign in Ekiti and Osun States.
Upon reading the charges, Dasuki and his co-defendants pleaded “not guilty.” Prosecution counsel Oluwaleke Atolagbe then requested a trial date, while the defense sought permission for Dasuki and Kusa to continue on their existing bail terms.
The prosecution did not oppose the request but emphasized the importance of ensuring the defendants’ presence throughout the trial.
Justice Agbaza adjourned the case to July 1, 2025, for a hearing.
This case was initially before Justice Hussain Baba-Yusuf but has since been reassigned to Justice Agbaza.
