The Chairman, House Committee on Internal Security, Representative Aliyu Gebi has been arraigned by the Economic and Financial Crimes Commission (EFCC) for allegedly issuing dud cheques of about N120.5million to his lender.
Gebi who was arraigned on a 13-count charge at an Abuja High Court sitting before Justice Abba Bello Muhammad was accused of issuing 13 dud cheques in favour of the complainant, Musty Petroleum Limited.
The offence according to the EFCC is an offence punishable under Section l (B) (I) of the Dishonoured Cheque (Offences) Act, 2004 Laws of the Federation of Nigeria.
The lawmaker was said to have issued the complainant posted dated cheques from his personal account and a company account named, Craft Technology Limited with value of dates on 13/01/2012 and 12/01/12 respectively.
The cheques were issued to cover an interest free loan of N125, 000,000 repayable within a period of 60 days, which the company borrowed him.
Honourable Gebi however pleaded not guilty to the charges.
The court allowed him to continue the administrative bail granted to him by EFCC.
The matter has been adjourned to February 19, 2013 for hearing.