The Independent Corrupt Practices and Other Related Offences Commission has arraigned a former Secretary-General of the Athletics Federation of Nigeria, Mr Amaechi Akawu, for alleged complicity in a $150,000 fraud.
Akawu was arraigned Friday before Justice Inyang Ekwo of the Federal High Court 5, sitting in Abuja, on allegations of corruption bordering on money laundering and fraudulent diversion of public funds.
The ICPC had filed 10 charges against him before Justice Ekwo, in which it accused the former Secretary-General of diverting monies released by the International Association of Athletics Federation for the successful hosting of the CAA Grand Prix Competition in Delta State, popularly known as 2017 Warri Relay Competition.
The offence was allegedly committed in July and August 2017, when Akawu, on multiple occasions, fraudulently diverted funds from the Federal Ministry of Youth and Sports Development into personal use.
Ruling on the bail application, Ekwo reportedly admitted him to bail in the sum of N15 million, with one surety in like sum.
The judge ordered that the surety must have landed property within the Federal Capital Territory and the accused must deposit his international passport with the court registry.
The matter was adjourned till May 16, 17, and 18, 2022 for hearing.