N650M Fraud: Ex-Minister Olajumoke Akinjide Remanded In EFCC Custody

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N650M Fraud: Ex-Minister Olajumoke Akinjide Remanded In EFCC Custody

The Federal High Court sitting in Ibadan, Oyo state capital, on Thursday remanded a former Minister of State for Federal Capital Territory, Olajumoke Akinjide, and Olanrewaju Otiti, in the custody of the Economic and Financial Crimes Commission (EFCC) over alleged N650 million fraud.

The News Agency of Nigeria recalls that former Petroleum Minister, Diezani Alison-Madueke, Sen. Ayoade Adeseun, as well as Akinjide and Otiti were arraigned on a 12-count amended charge bordering on conspiracy, unlawful conversion and stealing of N650m in the build-up to the 2015 general elections.

At the resumed hearing of the matter, Mr Rotimi Oyedepo, the prosecution counsel, informed the court that the commission had amended the charge against the accused persons and prayed that the amended charge be read.

But the defence counsel objected to the amendments and reading of any charge to their clients.

Mr Bolaji Ayorinde, Mr Michael Lana and Mr Adeniyi Isola, all defence counsel, argued that no charge had ever been read to their clients before, adding that there was therefore no cause for any amendment.

The defence counsel also submitted that it was an irregularity on the part of the prosecution to be amending charges that were not known to be existing.

The judge, however, overruled them directing that the charge sheet be read to them.

The two accused persons present in court—Akinjide and Otiti– pleaded not guilty to the 12- count charge.

The presiding judge Justice Joyce Abdulmaleek adjourned the case till July 6 to hear their bail application.



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