News as it is!

Again, Court Adjourns Hearing of Criminal Charge Against Ex-NIA

 

A Federal High Court, Lagos, today, further adjourned a criminal charge against former Director General of the National Intelligence Agency (NIA), Amb. Ayo Oke and his wife Folashade, over $205 million crime concealment. 
The defendants are charged before Justice Chukwujekwu Aneke by the Economic and Financial Crimes Commission (EFCC), on counts of Money Laundering, fraud, concealment of crime proceeds, and criminal breech of trust. 
The case which was earlier scheduled for arraignment of the defendants, was today, further adjourned to a date that will be communicated to parties, as the court did not sit. 
It was gathered that the judge is away on official assignment. 
The court had on February 7, issued a bench warrant for the arrest and production in court of the defendants, following an application moved by the EFCC lawyer,  Mr. Rotimi Oyedepo. 
According to the charge, on April 12, 2017, the accused indirectly concealed the sum of 43.5 million dollars, property of  the Federal Government of Nigeria in Flat 7B, No. 16, Osborne Road, Osborne Towers, Ikoyi, Lagos.
The accused were also alleged to have between August 25, 2015 and September 2, 2015 in Lagos, indirectly used the sum of 1.7 million dollars, property of the Federal Government of Nigeria to acquire Flat 7B, No. 16, Osborne Road, Osborne Towers, Ikoyi, Lagos.
The prosecution also alleged that the defendant directly converted the sum of $160.8 million property of the Federal Government of Nigeria, to their own use.
The prosecution further said that the defendant reasonably ought to have known that the said sums formed part of the proceeds of an unlawful act of criminal breach of trust and concealment of crime proceeds. 
The offences contravenes the provisions of sections 15, 15 (2), 15(2)(d)  and 15 (3) of the Money laundering prohibition Act,  2015.

48 total views, 1 views today

Leave a Reply

Your email address will not be published. Required fields are marked *

%d bloggers like this: