Ex-Chief of Naval Staff Tahir Biu on the run over N1.3bn fraud – EFCC

EFCC operatives

The judge, therefore, threatened to strike out the criminal charges against Biu if at the next adjourned date the agency approaches the court with the same story.

By Jeffrey Agbo

The Economic and Financial Crimes Commission on Friday told a Federal High Court in Abuja that a former Naval Chief, Rear Admiral Tahir Yusuf Biu, who allegedly stole N1.3 billion from the Nigerian Navy is on the run and cannot be reached.

Biu has not been found in any part of the country since March 16 when a nine-count criminal charge was filed against him, the anti-graft agency said.

Counsel to EFCC, Cosmas Ugwu, lamented that traces of the defendant could not be found, hence, he could not be brought before the court to answer the criminal charges against him.

Biu was said to have on November 30, 2015, in Abuja, taken possession of N100 million transferred into his Bitmas Enterprises personal company bank account with number 1011904172 at Zenith Bank from Naval Headquarters’ account domiciled at Zenith Bank contrary to section 15 (2) of Money Laundering Prohibition Act.

The charge sheet revealed that on March 14, 2012, Biu allegedly took possession of N135.4 million into his Bitmas Enterprises account 1001439871 transferred from Defence Intelligence Agency personnel account while another N197.8M was also transferred in the same manner into Bitmas account.

The EFCC also charged him with unlawful transferring of N148 million from Defence Intelligence Agency to his company account at Zenith Bank and N334 million into the same company’s account in the same manner.

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Biu was also alleged to have taken possession of another N152 million and another N20 million from DIA transferred into the company account.

The anti-graft agency also alleged that the former Naval Chief diverted $300,000 from Navy Personal account meant for the purchase of furniture for Navy Secondary School at Okura to his personal company account domiciled at Zenith Bank before he escaped to unknown destination.

When the matter came up, the EFCC lawyer painted a gloomy picture of being helpless in locating the defendant for arrest and arraignment in court but Justice Inyang Edem Ekwo disagreed with the anti-graft agency on the issue.

Justice Inyang Ekwo held that the agency was wasting state powers, adding that several statutes give enormous powers to EFCC to fish out anybody from hideout for justice where necessary.

The judge, therefore, threatened to strike out the criminal charges against Biu if at the next adjourned date the agency approaches the court with the same story.

He subsequently fixed February 22, 2023, as the last adjournment for EFCC to produce the defendant in court or have the charges struck out.

Jeffrey Agbo:
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