Skip to content
September 17, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Political Economist

Political Economist

A liberal News reporting Politics, Sports, Business, Commentaries

  • Home
  • National News
    • Metro News
      • metro
    • Society
    • Crime and Justice
  • Special Reports
    • Investigation
    • Features
    • Interviews
  • Opinion
    • Commentaries
    • Perspectives
  • Press Releases
  • International News
  • Business & Economy
  • Politics
Watch Online
  • Home
  • National News
  • N35m Fraud: Kano Court Jails Fake Auctioneer Seven Years
  • National News

N35m Fraud: Kano Court Jails Fake Auctioneer Seven Years

Admin March 14, 2025
Scammers

EFCC office

March 14, 2025

Justice Nasiru Saminu of the Kano State High Court has convicted and sentenced one Bulama Abdulrahman to seven years imprisonment without an option of fine.

Abdulrahman was convicted for posing as an auctioneer assigned by the Economic and Financial Crimes Commission, EFCC, to sell some properties forfeited to the Federal Government on the Commission’s behalf.

He was jailed after facing trial on two-count charges bordering on intent to defraud and obtaining under false pretences to the tune of N35,000.000.

One of the charges reads:“That you Abdulrahman Bulama on or about June, 2023 in Kano within the jurisdiction of the Kano State High Court, with intent to defraud, obtained the sum of N20,000,000 from one Safiyanu Abdullahi of Tauraro and Property Limited.

“Under the false pretense that you are an auctioneer and you had the consent and authority of the Economic and Financial Crimes Commission to auction a fenced uncompleted building at Rijiyar Zaki Kano , which pretence you knew to be false and you thereby committed an offense contrary to Section 1(1)(a) of the Advance Fee Fraud and Other Fraud Related Offenses Act, 2006.”

The defendant pleaded not guilty to the two- count charges when they were read to him.

In view of his plea, prosecution counsel, Musa Isah, took the cases to full trial during which he presented three witnesses while the defendant stood as lone witness in his defence.

Upon conclusion of the case, Justice Saminu, convinced by the weight of evidence presented by Isah, found the defendant guilty as charged on count two and acquitted him on count one.

Subsequently, Isah prayed the court to convict the defendant accordingly.

The defence counsel pleaded with the court to temper justice with mercy adding that the defendant is a Phd student at Nasarawa State University.

Accordingly, Justice Saminu convicted the defendant and sentenced him to seven years imprisonment without an option of fine.

The judge further ordered that the defendant pays the sum of N35,000,000 (Thirty Five Million Naira only) as restitution to the victim.

The court also ordered that, for any failure to pay the restitution, the defendant will serve an additional prison term of seven years.

Bulama’s journey to prison began when the Commission received a petition alleging that he posed as an auctioneer assigned by the EFCC to sell some properties that were forfeited to the Federal Government on the Commission’s behalf.

In the process, Bulama allegedly obtained a sum of N35,000,000 from his victims under the guise of selling them a truck and an uncompleted building in Kano.

Bulama is a serial fraudster who was investigated by the Commission and was subsequently convicted by the Kano State High Court on June 28, 2021 for a similar offence bordering on obtaining by false pretence.

  • Facebook
  • Share on X
  • LinkedIn
  • WhatsApp
  • Email
  • Copy Link
Tags: Abdulrahman Bulama Justice Nasiru Saminu

Post navigation

Previous Dangote, NNPCL price war affecting our members – IPMAN
Next RCCG pastor faces arraignment for alleged murder of wife over suspicion of adultery

Related Stories

Redeemer’s Health Village performs first robotic assisted surgery
  • National News

Redeemer’s Health Village performs first robotic assisted surgery

September 17, 2026
Ondo ​‌‌‌⁠‍‍⁠⁠‌⁠​‌‌⁠⁠‍​‌​confirms 48 deaths, 182 cases from suspected alcohol poisoning Ondo state
  • National News

Ondo ​‌‌‌⁠‍‍⁠⁠‌⁠​‌‌⁠⁠‍​‌​confirms 48 deaths, 182 cases from suspected alcohol poisoning

September 17, 2026
Public Health Alert: Deadly drink killing people in Ondo: 48 dead
  • National News

Public Health Alert: Deadly drink killing people in Ondo: 48 dead

September 17, 2026
logo

Political Economist is a liberal news magazine with global affiliations.

At Political Economist, we promote free enterprise and act as a catalyst for the growth of knowledge economy. We are proudly pan-Nigeria yet richly spiced with African and global news. We offer a fair and balanced news reportage presented by our team of well-heeled professional journalists. <

About us

  • 5 Olutosin Ajayi Street, By CPM Church, Ajao Estate, Lagos State, Nigeria
  • +234 805 680 1124
  • info@politicaleconomistng.com

Follow

Subscribe to notifications

You may have missed

South African lady bags 40 years in jail for importing 5.75kg heroin into Nigeria
  • Crime and Justice

South African lady bags 40 years in jail for importing 5.75kg heroin into Nigeria

September 17, 2026
Anambra Debt: Beyond the Politics of Numbers, Where Is the March 2014 Figure? – By Prof. Chiwuike Uba
  • Business & Economy

Anambra Debt: Beyond the Politics of Numbers, Where Is the March 2014 Figure? – By Prof. Chiwuike Uba

September 17, 2026
Redeemer’s Health Village performs first robotic assisted surgery
  • National News

Redeemer’s Health Village performs first robotic assisted surgery

September 17, 2026
Ondo ​‌‌‌⁠‍‍⁠⁠‌⁠​‌‌⁠⁠‍​‌​confirms 48 deaths, 182 cases from suspected alcohol poisoning Ondo state
  • National News

Ondo ​‌‌‌⁠‍‍⁠⁠‌⁠​‌‌⁠⁠‍​‌​confirms 48 deaths, 182 cases from suspected alcohol poisoning

September 17, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Copyright © All rights reserved. | DarkNews by AF themes.