The Economic and Financial Crimes Commission(EFCC) has made it known to a Federal High Court in Abuja that an Ex-Director of Nigerian Navy Accounts, Rear Admiral Tahir Yusuf Biu, is on the run and cannot be reached.
According to SaharaReporters, Rear Admiral Yusuf was being prosecuted by the Nigerian government through the EFCC for allegedly stealing the sun of N2 billion while serving as Director of Nigerian Navy Accounts.
The anti-graft agency said all efforts to locate his whereabouts have been proved unsuccessful and abortive since March 16 this year, when 9 charges 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, Rear Admiral Biu allegedly took possession of N135.4 million which he did 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 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 same company account of his.
The anti-graft agency also alleged him that he diverted $300,000 from a Navy personal account budgeted for furniture for Navy Secondary School at Okura to his company account domiciled at Zenith Bank before his escape to an unknown destination.