Nigeria’s Economic and Financial Crimes Commission (EFCC), on Monday, arraigned a former Minister of State for Power, Muhammed Wakil, on two counts of corruption at the High Court of the Federal Capital Territory of Abuja.
The prosecution alleged that the defendant, in 2014, corruptly received the sum of 148 million naira from the funds approved for the payment of outstanding insurance premiums and claims of deceased and incapacitated staff members of Power Holding Company of Nigeria (PHCN).
He was said to have received the money from Bestworth Insurance Brokers Limited through the Polaris Bank account of his firm, Corozzeria Nigeria Limited.
He pleaded not guilty when the charges were read to him on Monday.
Usman Umar in Abuja reports.