Notice: session_start(): Ignoring session_start() because a session is already active in /home/cordly/public_html/header-menu.php on line 845




Latest Forum Posts


Fildena 200 Sildenafil Tablet to Solve Your ED Problem | Genericvilla - March 27, 2024
Fildena 120 Mg Buy Online at Trusted Pharmacy - March 27, 2024
Vidalista black 80 - Feel your partner Special - March 23, 2024
Altraz: Improvements in Breast Cancer Care - March 22, 2024
Zopisign 7.5mg Mode Of Action | Genericmedsstore - March 22, 2024
Aspadol 150 Online Best Pills For Muscular Pain | Genericmedsstore - March 22, 2024
Renew Your Passion: Cenforce 100 Blue Pill Tablets for Men - March 21, 2024
Get Vidalista 60 tablets to treat erectile dysfunction At Sildenafilcitrates, - March 21, 2024
What are the specific differences in how Cialis and Sildalist Strong 140 Mg operate at a molecular level to improve erec - March 20, 2024
What Is Zopicon 7.5mg MG? - March 20, 2024
Pain O Soma 500 Mg - Best pain relief treatment - March 20, 2024
Are Tadagra Prof 20 Mg products suitable for individuals with eczema? - March 20, 2024
Can taking two 50mg Malegra 50 Mg pills interact with medications used to treat circulatory system disorders or cardiova - March 20, 2024
The Power of Fildena Extra 150 in Erectile Dysfunction - March 18, 2024
Artvigil 150 mg- Buy Armodafinil Online - Pills4usa - March 16, 2024
Floating ball valve supplier in UAE - March 15, 2024
Why are my eyelashes getting thinner? - March 15, 2024
Super Kamagra Jelly- Most Trusted ED Medicine - March 14, 2024
Fildena 150 - ED medicine | Improve your love confidence - March 10, 2024
Can hydration levels influence the duration of Avana 200 Mg effects? - March 09, 2024


Buy eBooks on Laprice.com.ng

Discover Your Personality Type in Less Than 15 Minutes
N1.4bn Fraud: Court Denies Kogi Assembly Candidate, Two Others Bail By Obayomi Abiola Benjamin On Wednesday 7th December 2022Politics & Governance 74

Free Online Video Downloader - Cordly



Justice Tijjani Ringim of the Federal High Court in Lagos yesterday, turned down the bail request by the detained Kogi State House of Assembly candidate of the New Nigeria Peoples Party (NNPP), Mr. Ismaila Yusuf Atumey, and two others accused of hacking the computer network of a bank and stealing N1,403,343,400.

Other defendants are Mr. Ngene Joshua Dominic, and Mr. Abdulmalik Salau.

The Defendants were arraigned by the Lagos Zonal Command of the Economic and Financial Crimes Commission (EFCC) on an 18-count charge before Justice Tijjani Ringim.

They pleaded not guilty and applied for bail through their Counsel, Mr. Bolaji Ayorinde (SAN).

But EFCC’s Counsel, Mr. Rotimi Oyedepo (SAN), opposed the application and prayed for an accelerated hearing of the matter.

Ruling on the application, Justice Ringim held that the defendants are flight risk, and the probability of them jumping bail is very high.

The court held that the magnitude of the offence is such that the defendants could interfere with the law enforcement procedure and run away.

Justice Ringim noted further that extradition procedures from anywhere in the world is such a cumbersome process.

“In all, I hold that the application for bail lacks merit and it is accordingly dismissed,” Ringim said.

He remanded the defendants in the Ikoyi Correctional facility and adjourned till January 24, 2023, for trial.

First defendant Atumeyi is the NNPP’s candidate for the Ankpa 11 Constituency for next year’s House of Assembly election in Kogi State.

The EFCC preferred an 18-count charge bordering on concealment of proceeds of fraud, money laundering and cybercrime against the defendants before the court.

The defendants were alleged to have hacked into the system of the commercial bank and defrauded the institution of over N1.4billion.

The court heard that they carried out a “modification of data held in the network of the bank, leading to the fraudulent transfer of the total sum of N1,403,343,400 to the account of Fav Oil and Gas Limited. 

The agency allegedly recovered N326 million and $140,500 from the black Escalade Sports Utility Vehicle (SUV) of one of the defendants during an operation at his hideout in Queens Estate, Gwarinpa.

Oyedepo told the court in a charge numbered FHC/L/651C/2022, that the defendants committed the alleged offences between August and October 2022 in Lagos.

He said that they conspired to “directly conceal” the N1.4 billion in the account of Fav Oil and Gas Limited, “which sum you reasonably ought to have known forms part of the proceeds of your unlawful activity and you thereby committed an offence 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.

The defendants were accused of laundering the sum in tranches of N100 million, $480,000, N12.5 million, N7 million, N9 million, N7million, N12 million, N8 million, $140,000 and N326,400,000.

Specifically, they were alleged to have acquired N12.5 million black Mercedes Benz C300, N7 million BMW 3 Series, N9 million of Black Range Rover, N7 million Toyota Hilux 2014 upgraded to 2021, N12m Black BMW SURXI 2016, a N8 million White Toyota Hilux 2010 and a N10 million White Toyota Hilux.

The court also heard that they allegedly directly transferred N80 million to Frank Maya Intergrated Ventures, acquired a property known as No.8, Grace Crescent, EFAB Queens Estate, Gwarimpa, Abuja, concealed $140,000 and N326,400,000 in a Black Escalade SUV.

 

 

 

[ThisDay]

Please login to participate in this forum!
My Accounts Categories Useful Links Affiliate Links Follow Us
Cordly is an online social marketplace that enables the connection of producers and consumers of products, services and talents across the Nigeria and abroad!.







Lost Password
Sign In
Sign Up








News and Society (169)
Self Improvement (167)
Business and Economy (107)
Leadership (136)
Politics (81)
Arts & Entertainment (68)
Health & Fitness (143)
Religion and Kingdom (68)
Real Estate (16)
Computers & Technology (23)
About Us
Contact Us
Get YouTube Thumbail
Sitemap







laPrice
Hubpile
Pay4ebooks
kpiBooks
Fridayposts
Flickers of Hope Foundation




CordlyNG on Facebook  Facebook

CordlyNG on Twitter  Twitter

CordlyNG Blog  Blog

Send Email to CordlyNG  Email