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According to Vanguard, Bala Mohammed, former Minister of the Federal Capital Territory, was on Wednesday remanded in the Kuje Maximum Prison over allegations of fraud.
After many months of investigation and temporary forfeiture of some property allegedly traced to Bala Mohammed, the Economic and Financial Crimes Commission finally arraigned former Federal Capital Territory Minister, before Justice Talba of the FCT High Court, Gudu.
Mohamamed, who presided over the affairs of the FCTA between 2011 and 2015 faces up to 15-count charge bordering on graft and breach of public trust.
Presiding judge, Abubakar Talba adjourned the matter till May 12 for ruling on the application for bail and ordered that the defendant be remanded in prison custody pending the determination of the bail application.
Senator Bala Mohammed was arrested in connection with alleged N1billion fictitious contracts. He was also questioned on alleged allocation of 12 choice plots to his son running into billions of Naira; 37 other commercial plots of land worth about N8 billion to his suspected front and the controversial N1trillion Abuja land swap.
The Preakness is a 9.5 furlong race for 3-year-olds at Pimlico. First run in 1873, it’s currently the middle race in the Triple Crown series. While the Preakness has produced a number of dramatic showdowns, what kind of betting race is it?
Below is a snapshot of what has produced Preakness winners since 1991 including odds, bettors’ choice, field size, running styles, prior race location, prior race finish position, number of days since the last race as well as Brisnet Speed Figures.
Bettors’ Choice is the ranked order of the field by final odds: The favorite is the first choice, the second favorite is the second choice and so on. For example, 1991 winner Hansel was 4th choice in a 8 horse field. Hover-over or touch the bars for more information
For example, if you hover over the bottom-most line in the first chart at the 1/2 mile mark you’ll see that in the 2007 winner Curlin was 13 lengths behind the leader at this point in the race.
Stalkers/pressers have had the slight edge over closers since 1991 with both running styles performing well. In the last 10 years stalkers/pressers have won 50% of the time with speed outperforming the full time period to win 40% of the time.
Preakness winners have overwhelmingly come from Churchill Downs. Rachel Alexandra (2009) made her prior start in the Kentucky Oaks but all others came from the Kentucky Derby. Three winners made their prior start at Aqueduct.
Just under half (46.4%) of Preakness winners won their prior race and 71.4% of the winners finished in the money, or no worse than third, last out.
Below is a look at Brisnet speed ratings of Preakness winners. Learn how the figures are calculated and keep up with weekly ratings for stakes races.
The chart below represents the last three Brisnet Speed Ratings earned by the Preakness winner, and includes the winning figure for the Preakness. In instances where a starter did not have three consecutive Brisnet Speed Ratings leading into the Preakness, the line starts with most recent.
Winners that came in on an improved Brisnet Speed Rating performed slightly better in the last 10 years winning 50% of the time compared to 40% for regressed ratings. One notable trend is that 70% of Preakness winners came in on a Brisnet Speed Rating improvement two races back. For example, 2017 winner Cloud Computing came into the Preakness on a regressed speed rating from his prior start in the Wood Memorial, but he came into the Wood on a improved speed rating.
The Preakness has generally been a formful race where favorites have outperformed the generally accepted win rate of 35% to win 46.4% of the time. The average winning odds since 1991 are 4.6-1 with a median of 2.95-1 and an average $10.60 payout for a $2 win ticket. Since 2010 those averages have improved slightly while the medians dropped.
The winner on average has been the 2nd choice (2.46) since 1991 and has ticked up slightly since 2010 to a 2.82. The favorite has an average finish position of 2nd (2.33) since 1991, but since 2010 has dropped to 3rd (3.1).
Stalkers/Pressers have performed best since 1991 winning 35.7% of the time with closers not far behind at 32.1%. In the last 10 runnings stalkers/pressers have retained their edge winning 50% of the time while speed has improved to win 40% of the time.
Winners have overwhelming come from the Kentucky Derby since 1991. Field size has been above the 2017 average of 7.7 starters with an average of 10.79 starters since 1991 and 10.73 starters since 2010.
Just over half of the Preakness winners came in on a regressed Brisnet Speed Rating from their prior race since 1991 but in the last ten runnings 50% have come in on an improved speed rating.