The Economic and Financial Crimes Commission (EFCC) has returned to custody four officials of the Kwara State government accused of money laundering.
The officials Abubakar Ishiak, Permanent Secretary, Government House; Shina Akorede, Director of Finance and Administration; Rasaq Momonu, Controller Finance and Accounts, and Hafeez Yusuf, Cashier, are to remain in EFCC custody pending ruling on their bail applications at a later date.
EFCC had alleged they made “cash payment of N20.3 million to one Energy Multi-Trade Interbiz limited for services rendered to the Kwara State Government House, which cash sum exceeded the limitation of N10 million payable to a body corporate committing an offence contrary to section 18(a) of the Money Laundering (Prohibition) Act, 2011 (as amended) and punishable under section 12(2) of the same Act.”
They were arraigned last week before a Federal High Court sitting in Ilorin.
During the resumed sitting, counsel to the defendants, Abdulwahab Bamidele, urged the court to grant them bail pending the determination of the allegations leveled against them.
In opposition, counsel to EFCC, Christopher Mshelia, urged the court to discountenance the application for bail, and to accord, the case accelerated hearing.
He said: “It is an obligation on the applicants to provide sufficient materials for the court to sway the discretionary powers in their favour.
“We submit that the court should consider the nature of the allegations against the applicants. “The reasons adduced by the applicants are too watery to warrant the exercise of the discretionary powers of the court for bail.”
Justice Baba Gana Ashigir, the trial judge reserved ruling on the bail application till a later date to be communicated to the parties.
Hearing on the substantive case has been fixed for June 23, 2019.
Join the conversation
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.
FEATURES: Rise in Monkeypox infection troubling Nigeria’s rural population
In this features, KELECHUKWU IRUOMA goes into the rural communities of Bayelsa State, south-south Nigeria to uncover the plight of...
SPECIAL REPORT: Kwara communities groan as erosion washes away roads, property
For a number of years communities in Ilorin South LGA of Kwara State have had to live with the menace...
SPECIAL REPORT: Lack of legal provisions, cultural sentiments fueling marital r*pe in Nigeria
By Arinze Chijioke In the early days of Sandra Izuckukwu’s marriage in 2019, her husband, Sunday Izuchukwu, did everything she...
INVESTIGATION… LIVES ON THE LINE (IV): Surviving in a dangerous media environment
This investigation is on the unresolved killing of three Nigerian journalists while on assignments between 2019 and 2020. For six...
INVESTIGATION… LIVES ON THE LINE (III): Precious Owolabi was killed covering a protest
This investigation is on the unresolved killing of three Nigerian journalists while on assignments between 2019-2020. For six months, Nigerian...