Connect with us

BIG STORY

Court Remands Ex-INEC Chairman, Maurice Iwu In EFCC Custody Over N1.2bn Fraud

Peter Okunoren

Published

on

The Federal High Court, Lagos, yesterday, ordered for the remand of former chairman of the Independent National Electoral Commission (INEC) Prof. Maurice Iwu, in custody of the Economic and Financial Crimes Commission (EFCC), till Friday, when his bail application would be heard and decided.

Iwu was docked before Justice Chuka Obiozor by EFCC on a four-count charge bordering on money laundering, yesterday.

Among the offense preferred against the ex-INEC boss was alleged aiding and concealment of a total sum of N1.203 billion, which was said to proceed of an unlawful act.

He was alleged to have between December 2015 and March 27, 2015, used his company, Bioresources Institute of Nigeria (BION) Limited, whose account with number 1018603119 domiciled in Untied Bank of Africa (UBA) Plc.

The EFCC also alleged that Iwu and a lawyer, Victor Chukwuani retained the sum of N407 million, said to be proceeds of an unlawful act, in Bioresources Institute of Nigeria (BION) Limited’s Account No. 1018603119 domiciled in the United Bank for Africa Plc,

The offenses according to the prosecution, are contrary to Sections 18(a),15(2) (a) of the Money Laundering Prohibition Act, 2011 as amended and punishable under Section 15 ( 3) of the same Act.

Upon the reading of the charge to the former INEC boss, he pleaded not guilty to all the counts.

Following his not guilty plea, the prosecutor, Rotimi Oyedepo asked the court for a trial date, while also urged the court to remand the defendant in prison custody, pending the hearing of his bail application.

Responding, Iwu’s lawyer, Ahmed Raji (SAN), informed the court that he has two applications, one challenging the court jurisdiction and another one for the bail application of the accused.

Raji, however, withdrew the application challenging court’s jurisdiction on the ground of his client’s freedom. And urged the court to hear the bail application.

Upon his withdrawal of application challenging court’s jurisdiction, Justice Obiozor, instantly struck it out.

Following the striking of the application challenging court’s jurisdiction, Raji (SAN) informed the court that bail application had been served on the prosecution but yet to be responded to.

He urged the court either to let his client be with the prosecution till tomorrow, Friday, or be released to him, as he undertook to personally produce him in court.

He informed the court that ever since his client had been admitted to administrative bail, he has never defaulted.

However, the prosecutor, Oyedepo, told the court that the appropriate place to remand a defendant after the plea was taken is a prison.

BIG STORY

Ambode’s Thugs Attacked Our Officers, We Had Valid Warrant To Search His Ikoyi, Epe Residence — EFCC

Avatar

Published

on

The Economic and Financial Crimes Commission (EFCC) has claimed its operatives were attacked by thugs loyal to former Lagos State Governor, Akinwunmi Ambode, on Tuesday.

The EFCC had gone to execute a search warrant on Ambode’s residence in his hometown, Epe.

Wilson Uwujaren, the agency’s Head of Media and Publicity, said in a statement on Tuesday evening that the commission “had obtained a valid warrant to conduct a search on Ambode’s residences in Park View, Ikoyi and country home in Epe, as part of an ongoing investigation of alleged malfeasance.”

According to him, the operatives were attacked and prevented from executing the search warrant in Epe, by “irate youths” who injured three officers and damaged the EFCC official vehicle.

“The attack was totally unprovoked as the Commission’s operatives were civic and did not molest anybody.

“The Commission, therefore, frowns at the attempt to manipulate the video of the search to create the wrong impression that officers of the agency molested residents at the Epe home of the governor.

“It is also not true that the search was an attempt to plant foreign currencies in the home of the former governor,” he added.

The agency had earlier denied carrying out a raid on Ambode’s residence, insisting that its operatives were on a legitimate duty.

Continue Reading

BIG STORY

Kidnappers Collect N3.5m, 10 Tubers Of Yam, 30 Litres Of Palm Oil, Carton Of Schnapps To Release Victims In Ogun

Peter Okunoren

Published

on

Facts have emerged on how the three victims of kidnappers in Ode-Omi in the Ogun Waterside Local Government Area of Ogun state were released from their captors.

A family source told our correspondent on Monday that the kidnappers collected a sum of N3.5m, a carton of Schnapps, 30 litres of palm oil and 10 tubers of yam before the victims were released.

The police in the state had last Friday said they had rescued the son of the Chief Imam of Ode-Omi, Abdulazeez Sanni and two others – Adams Bamidele and Jelili Adams – who were abducted last Sunday.

The trio were reportedly kidnapped on the eve of the Eid-el Adha in Ode-Omi, a boundary community between Lagos and Ogun states.

The state Commissioner of Police, Bashir Makama, had said no ransom was paid.

The source said, “The kidnappers collected N3.5m, carton of schnapps, 30 litres of palm oil, 10 tubers of yam and a five-litre keg of vegetable oil.”

The Police Public Relations Officer in the state, Abimbola Oyeyemi, said the police command was not aware of the payment of any ransom.

Oyeyemi said, “The victims were rescued by policemen of this command. We are not aware of any ransom.”

Continue Reading

BIG STORY

BREAKING: EFCC Raids Former Lagos Governor Ambode’s Country Home In Epe

Avatar

Published

on

Operatives of the Economic and Financial Crimes Commission, EFCC, are raiding the residence of Akinwumi Ambode, former governor of Lagos state, in Epe area of the state.

Tony Orilade, the spokesperson of the anti-graft commission, confirmed this development to journalists.

Orilade denied that they were at Ambode’s residence on a raid, explaining that they are only there for an investigation.

“It is not true, we don’t raid. An investigation is on-going in respect of the petition we have, that is why we are here,” he said.

This is a developing story.

Continue Reading

Most Popular