$43m IKOYI CASH: Still at large despite arrest warrant, ex-NIA DG Oke, wife declared wanted by EFCC 

A  former Director General of the National Intelligence Agency (NIA), Ayodele Oke, and his wife, Folasade, have been declared wanted by the Economic and Financial Crimes Commission (EFCC) for their failure to show up for trial.

Oke and his wife are wanted in connection with the $43,449,947, £27,800 and N23, 218,000 cash recovered by the EFCC from an apartment at Osborne Road, Ikoyi, Lagos, in April 2017.

They were expected to appear in court and enter their plea over the fraud charges filed against them by the anti-graft agency but they failed.

It will be recalled that Justice Chukwujeku Aneke of the Federal High Court Lagos had on February 7, 2019, issued an arrest warrant on them following an oral application by counsel for the EFCC, Rotimi Oyedepo.

READ ALSO: PDP calls for cancellation of Kano supplementary election  

According to the statement by the Acting Spokesman of the EFCC, the couple are answering to charges bordering on money laundering offence to the tune of N13 billion.

One of the counts reads: “That you, Amb. Ayodele Oke and Mrs. Folasade Ayodele Oke between 25th day of August 2015 and 2nd day of September 2015 in Lagos, within the jurisdiction of this court directly converted $160,777,136.85 property of the Federal Government of Nigeria to your own use which sum you reasonably ought to have known formed part of proceeds of an unlawful act to wit: criminal breach of trust and you thereby committed an offence contrary to Section 15 (2) (d) of the Money Laundering (Prohibition) (Amendment) Act 2012 and punishable under Section 15(3) of the same Act”.

Join the conversation

Opinions

Support Ripples Nigeria, hold up solutions journalism

Balanced, fearless journalism driven by data comes at huge financial costs.

As a media platform, we hold leadership accountable and will not trade the right to press freedom and free speech for a piece of cake.

If you like what we do, and are ready to uphold solutions journalism, kindly donate to the Ripples Nigeria cause.

Your support would help to ensure that citizens and institutions continue to have free access to credible and reliable information for societal development.

Donate Now