Tag: Oyebode Atoyebi

  • Money laundering: Court frees Lagos Speaker Ikuforiji

    Money laundering: Court frees Lagos Speaker Ikuforiji

    The Federal High Court in Lagos on Friday discharged and acquitted the Speaker of the Lagos State House of Assembly, Adeyemi Ikuforiji, of money laundering charges.

    Ikuforiji was arraigned by the Economic and Financial Crimes Commission alongside one his aides – Oyebode Atoyebi.

    They were accused of receiving over N600million from the House between April 2010 and July 2011, without passing through a financial institution.

    Only two witnesses testified for the EFCC, namely its official Adebayo Adeniyi and a former Permanent Secretary and Clerk of the House Adewale Olatunji

    Justice Ibrahim Buba, while ruling on a no-case submission made by the defence, held that the prosecution did not sufficiently prove its case against the defendants.

    Details later…

  • Ikuforiji’s  trial stalled

    Ikuforiji’s trial stalled

    The money laundering case against Lagos State House of Assembly Speaker Adeyemi Ikuforiji before a Federal High Court in Lagos was stalled yesterday, as the judge was attending a seminar organised by the Assets Management Corporation of Nigeria (AMCON).

    At the resumed hearing before Justice Ibrahim Buba, prosecuting counsel Godwin Obla (SAN) said he was aware of the seminar and consented to an adjournment.

    Without objecting, defence counsel Wole Olanipekun (SAN) urged the prosecution to produce his remaining witnesses on the next date.

    Olanipekun said: “I do not know how many witnesses my learned friend has left, but if he will produce them on the next adjourned date, we will not mind being the tenant of the court.”

    Justice Buba adjourned the case till today, urging the prosecution to produce its witnesses.

    Ikuforiji and his personal assistant, Oyebode Atoyebi, were charged by the Economic and Financial Crimes Commission (EFCC) on a 54-count of money laundering, to which they pleaded not guilty.

    They were granted N1 billion bail each with two sureties each.

    EFCC alleges that the duo, between April, 2010 and July, 2011, accepted N273.3 million from the Lagos Assembly without the money going through a financial institution.

    EFCC alleges that Ikuforiji misappropriated N500 million of the Assembly’s funds.

  • Money laundering: Appearance of new counsel stalls Ikuforiji’s trial

    The appearance of Chief Wole Olanipekun (SAN) as the new counsel to Adeyemi Ikuforiji, the Speaker, Lagos State House of Assembly, on Tuesday stalled his trial.

    Ikuforiji is standing trial along with his personal assistant, Oyebode Atoyebi, at a Federal High Court, Lagos, on an amended 54 count charge bordering on money laundering.

    The News Agency of Nigeria (NAN) reports that the court could not proceed with the case as Olanipekun announced his appearance as the new defence counsel.

    He informed the court that he was taking over from Mr. Tayo Oyetibo (SAN).

    Olanipekun said he could not go on with the case because he needed more time to get acquainted with the case files.

    “My lord, when a new counsel comes into a case it is natural for him to study the files and know the parties.

    “Criminal trial is a serious business and I must say that I am faced with a `mountain of documents’ to peruse, some of which were just served on us yesterday.

    “In this circumstance, I have no alternative but to seek an adjournment to enable me to study the files.”

    The prosecutor, Mr. Godwin Obla (SAN), however, did not object to Olanipekun’s request for an adjournment.

    Justice Ibrahim Buba, in a short ruling, adjourned the case to March 17 and 18 for further hearing.

    The Economic and Financial Crimes Commission (EFCC) had re-arraigned the defendants on June 24, 2013 on amended charges.

    Both Ikuforiji and Atoyebi had pleaded not guilty to the charges and were granted bail in the sum of N1 billion with two sureties each in the sum of N500 million.

     

     

  • Money laundering: Ikuforiji, Atoyebi to be re-arraigned June 24

    Money laundering: Ikuforiji, Atoyebi to be re-arraigned June 24

    A Federal High Court in Lagos on Monday fixed June 24, for re-arraignment of Speaker Adeyemi Ikuforiji of the Lagos State House of Assembly over alleged laundering of N7.7 million.

    Ikuforiji is standing trial along with his Personal Assistant, Oyebode Atoyebi.

    The duo will be re-arraigned following the retirement of Justice Okechukwu Okeke who was handling the case.

    Their re-arraignment was stalled on Monday due to the absence of the accused.

    The Economic and Financial Crimes Commission (EFCC) arraigned them before Okeke on March 1, 2012, on a 20-count charge, bordering on misappropriation and money laundering.

    The accused will now appear before Justice Ibrahim Buba.

    Defence Counsel, Mr Tayo Oyetibo (SAN), informed the court on Monday that his client was not in court for the re-arraignment because he was not served the charge sheet.

    He disclosed that the speaker was out of Nigeria, adding that he did not know that he would be re-arraigned because the charge sheet was not given to him.

    The court, therefore, adjourned the case, and ordered the Prosecutor, Mr Godwin Obla, to properly serve the court processes on the accused.

    The News Agency of Nigeria (NAN) reports that Okeke had adjourned the trial indefinitely midway, following Obla’s withdrawal from the case.

    The EFCC accused the speaker and his aide of conspiring to accept N273.3 million from the House of Assembly without going through a financial institution.

    Ikuforiji was also accused of using his position to misappropriate about N500 million belonging to the assembly.

    The EFCC said that the accused committed the offences between April 2010 and July 2011, in contravention of Section 18 (a) of the Money Laundering (Prohibition) Act, 2011.

    Both of the accused had, however, pleaded not guilty to the charges.

    Okeke had granted Ikuforiji bail on self recognition, and admitted his aide to bail with the Clerk of the House as the surety.