N20.3m money laundry deal: Court grants four Kwara Govt House staff bail

Date: 2019-05-14

Four officials of Kwara state government accused of money laundering by the Economic and Financial Crimes Commission (EFCC) were Monday admitted to bail before a Federal High Court sitting in Ilorin.

Money laundering, EFCC Some of the Kwara officials arrested by the EFCCfor money laundering The officials were charged to court for allegedly engaging in money laundering to the tune of N20.3 million.

EFCC had arraigned Abubakar Ishiak (Permanent Secretary Government House), Shina Akorede (Director of Finance and Administration), Rasaq Momonu (Controller Finance and Accounts) and Hafeez Yusuf (Cashier) all of government house before a Federal High Court sitting in Ilorin, the state capital.

According to the charge sheet, EFCC accuse the four of making “cash payment of N20.3 million to one Energy Multi-Trade Interbiz limited for services rendered to the Kwara state Government House which cash sum exceeded the limitation of N10 million payable to a body corporate committing an offence contrary to section 18(a) of the Money Laundering (Prohibition) Act, 2011 (as amended) and punishable under section 12(2) of the same Act."

Counsel to the accused Abdulwahab Bamidele had at the last adjourned date urged the court to use its discretionary powers in admitting them to bail.

Counsel to EFCC Christopher Mshelia opposed the application, instead he prayed the court to accord the case accelerated hearing.

But on Monday, the court granted each of the accused persons bail with a sum of five million Naira and one surety each in like sum.

In his ruling, presiding judge, Justice Baba Gana Ashigir conceded that granting of bails is the discretionary power of the court, adding that “the case is ordinarily bailable under the Administration of criminal Justice Act 2015."

The court added the sureties must live within the jurisdiction of the court as well as own landed property worth the bail sum.

The court directed the sureties to deposit their certificates of occupancy (Cs o O) of the landed property with the registrar of court.

The court also ordered the accused persons to deposit their international passports with the court registry.

Justice Ashigir agreed with the applicants (accused) counsel that they would not jump bail and would not tamper with investigation. Justice Ashigir then adjourned the case till June 23rd, 2019 for trial.

 

 


Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Oke-Kura     Taofeek Sanusi     Photo News     Sulyman Age AbdulKareem     Gwanara     Bukola Ajikobi     Muslim Cementary     Tsado Manman     Police Commissioner     GANZY     Ahman Patigi     Lawal Olohungbebe     Government House     Ali Ahmad     Innocent Okoye     Ita-Ore     Habeeb Saidu     Issa Oloruntogun     Bio Ibrahim     Hameed Oladipupo Ali     Alaiye     Ilesha-Baruba     Malete     Kwara Restoration Project     Dele Momodu     Amuda Bembe     Al-Ilory     Obuh     Kwara State Internal Revenue Service     Omupo     Jimoh Lambe Abdulkareem     Bureau Of Lands     Roseline Oni Aremu     Bashirat Bola Bello     SGBN     Chief Of Staff     Alikinla     Ilorin Water Reticulation     Bolaji Abdullahi     Quran     Alapado     Jimoh Olusola Imam     Abdulwahab Ololele     Funmi Salau     Akeem Olatunji     JAMB     Taofik Abdulkareem     High Court     Akanbi-Oke     JAAC     Ibrahim Labaika     Buari Edun     Abdulkarim Adisa     Share-Tsaragi     Asa     Babatunde Ajeigbe     UITH     LEAH Charity Foundation     Christopher Ayeni     Saad Omo Iya     Esinrogunjo     March 28     AbdulRauf Keji     Bankole Omishore     Lanre Issa Onilu     Medview Airlines     MMWG     Amuda Aluko     Adegoke Bamidele     Aisha Ahman-Pategi     Awili Pedro     Tsaragi-Share     Saka Asiat Ayinke     NULGE     Saadu Yusuf     Oloye     Durbar