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Former Power Minister Mamman Saleh Sentenced to 75 Years in Prison For N33bn Fraud

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Bala Augie
Bala Augiehttps://moneycentral.com.ng
Bala is the Editor of MoneyCentral Media. Bala is a Fellow (FCA) of the Institute of Chartered Accountants in Nigeria (ICAN) and holds a Bsc in Accounting from the University of Abuja. Bala has over 12 years’ experience in the financial journalism landscape with specialization in the Insurance, markets and Finance sectors.
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A Federal High Court sitting in Abuja sentenced former Minister for Power Saleh Mamman to 75 years in prison over a record N33.80 billion fraud.

Justice James Omotosho delivered the judgment, convicting Mamman on all 12 counts filed against him by the Economic and Financial Crimes Commission (EFCC), following months of proceedings that examined multiple layers of alleged financial misconduct linked to his time in public office.

This is one of the largest amounts of money stolen by a public office holder in Nigeria.

Analysts say the EFCC and the judiciary deserve a term of approbation for rigorously thorough investigation.

In the 2025 Corruption Perceptions Index (CPI) released by Transparency International in February 2026, Nigeria ranked 142nd out of 182 countries.



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