TheCitizen - It's all about you
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials
No Result
View All Result
TheCitizen - It's all about you
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials
No Result
View All Result
TheCitizen - It's all about you
No Result
View All Result

EFCC arraigns Oronsaye, others for N1.2bn fraud

meira by meira
July 14 2015
in Financial Crimes, Uncategorized
A A
0

The Economic and Financial Crimes Commission on Monday arraigned a former Head of Service of the Federation, Mr. Stephen Oronsaye, and others for alleged fraud and money laundering offences involving N1.2bn.
Another accused person arraigned along with one of the firm’s through which the money was siphoned from the Federal Government’s account – Fredrick Hamilton Global Services Limited – was the firm’s Managing Director, Osarenkhoe Afe, among others.
The accused persons all pleaded not guilty to the 24 counts preferred against them when they appeared before Justice Gabriel Kolawole on Monday.
Shortly after their arraignment, Justice Kolawole released them to go home, pending the hearing of their bail application scheduled for July 21.
But the judge ordered that their release would be effective upon filing of a written undertaking by the defence counsel within 48 hours and an assurance to produce the accused persons in court at the next hearing date.
The accused persons allegedly collaborated in defrauding the Federal Government to the tune of N118,992,201.6 under the guise of paying the money in tranches for the contract of biometric data capture project between March 2010 and December 2011.
The fraud was allegedly perpetrated through the award and payment for fake contracts to nine companies including, Innovative Solutions, Fredrick Hamilton Global Services, Xangee Technologies Limited, Fatideck Ventures, Obalando Nigeria Enterprises, Moshfad Enterprises and Fesbee Global Resources Limited.
Other companies through which the accused persons allegedly siphoned the money from the Federal Government included Jolance Integrated Concept Limited and M.OF Investment Limited.
One other person, who was allegedly involved in the fraud, Abdulrasheed Maina, was said to be on the run.
The accused persons were charged under section 14 of the Money Laundering (Prohibition) Act, 2004 and section 1(1) of the Advance Fee Fraud and Other Fraud Related Offences Act, 2006.
The fraud offences were said to be punishable under 1(3) of the Advance Fee Fraud and Other Fraud Related Offences Act, 2006.
Two of the 24 counts read, “That you Stephen Oronsaye, Abdulrasheed Abdullahi Maina (now at large), Osarenkhoe Afe and Fedrick Hamilton Global Services Limited on about July 2, 2010 in Abuja, within the jurisdiction of this honourable court collaborated in disguising genuine nature of the sum of N161,472,000 derived from an illegal act to wit: conducting procurement fraud by means of fraudulent and corrupt action the contract extension of biometric enrolment purportedly awarded to Innovative Solutions Limited by Office of the Head of Service of the Federation without due process and you thereby committed an offence punishable under section 14(1)(b) of the Money Laundering (Prohibition) Act, 2004.
“That you, Stephen Oronsaye and Abdulrasheed Abdullahi Maina (now at large) on or about July 7, 2010 in Abuja within the jurisdiction of this honourable court, by false pretence and with intent to defraud, induced the delivery of the sum of N119,398,500 from the Federal Government of Nigeria to one Frederick Hamilton Global Services Ltd, purporting same to be contract sums for biometric data capture project which you know to be illegal and you thereby committed an offence contrary to section 1(1) of the Advance Fee Fraud and Other Fraud Related Offences Act, 2006 and punishable under 1(3) of the Advance Fee Fraud and Other Fraud Related Offences Act, 2006.”
EFCC prosecutor, Mr. Yusuf Aliyu, had urged the court to remand the accused persons in prison shortly after they took their pleas.
But defence lawyers, Chief Kanu Agabi (SAN) and Mr. Oluwole Aladedoye, opposed the application seeking to remand the accused in prison and urged the court to release them on bail.
Aladedoye had argued that in the event that the judge was not be willing to grant the oral application for the bail made, the court should remand the accused persons in EFCC custody pending the hearing of their separate bail applications.
He added that the EFCC had no space to accommodate them before the hearing of their bail applications.
But the judge, in overruling the EFCC, held that he preferred to release them in the interim on the grounds that the EFCC had not indicated that the accused persons, particularly, Oronsaye, would flee.
He added that the EFCC had by itself granted the accused persons what it called administrative bail.
The judge held that he could not force the accused persons on the EFCC which said it could not accommodate them, but under the principle of “interim judicial reprieve” the court possed the power to release the accused persons pending the hearing of the bail applications.
The court then adjourned till September 21.
But the judge fixed October 28, 29; November 3 and 5 as well as December 5 for trial

Previous Post

Onu rallies Igbo support for Buhari, APC

Next Post

Osun workers end strike, resume work today

Related Posts

Money Laundering: Thousands of Ddllars flown out of Nigeria every hour – INTERPOL
Financial Crimes

EFCC probes suspect with fake $212,200 in Kano

September 17 2026
Cash Transfers Office rejects N33.75bn fraud allegation, presents evidence
Financial Crimes

Cash Transfers Office rejects N33.75bn fraud allegation, presents evidence

September 11 2026
‘Fake’ Agency: Adeyemi insists DG appointment genuine
Financial Crimes

Reps panel traces 58 bank accounts, 12 entities, 39 workers to fake PFIPC DG

September 2 2026
EFCC summons ex-Gov. Sylva over alleged $14.86m fraud
Financial Crimes

EFCC summons ex-Gov. Sylva over alleged $14.86m fraud

September 1 2026
EFCC offers 5% whistleblower reward for tips on stolen assets abroad
Financial Crimes

EFCC offers 5% whistleblower reward for tips on stolen assets abroad

August 27 2026
NDLEA intercepts Europe-bound cocaine consignments
Financial Crimes

NDLEA opposes bail for 10 in N480bn Ogun meth lab

August 21 2026
Next Post

Osun workers end strike, resume work today

Dogara condemns refining oil outside Nigeria

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

FROM THE GRASSROOTS

Minister defends King’s College concession, cites infrastructure decay

Minister defends King’s College concession, cites infrastructure decay

by The Editor
September 16 2026
0

...

Lagos demolishes shanties after four die in community clash

Lagos demolishes shanties after four die in community clash

by The Editor
August 30 2026
0

...

Kano, Sokoto, others spend N53.2bn on scholarships abroad

INEC fixes Sept 19 for Kano Assembly by-election

by The Editor
August 27 2026
0

...

Awujale: Ruling House sues Ogun, kingmakers

Awujale: Ruling House sues Ogun, kingmakers

by The Editor
August 25 2026
0

...

APPOINTMENTS

Enugu governor names Nollywood’s Eucharia Anunobi, Rachael Okonkwo aides

Enugu governor names Nollywood’s Eucharia Anunobi, Rachael Okonkwo aides

by The Editor
September 23 2026
0

...

Gov. Yahaya swears in 19 new Gombe permanent secretaries

Gov. Yahaya swears in 19 new Gombe permanent secretaries

by The Editor
September 11 2026
0

...

Niger State governor appoints six commissioners-designate, four aides

Niger State governor appoints six commissioners-designate, four aides

by The Editor
September 8 2026
0

...

Tinubu swears in Enitan as new Head of Service

Tinubu swears in Enitan as new Head of Service

by The Editor
August 28 2026
0

...

ODDITIES

Residents find lifeless body in Akwa Ibom gutter, police begin probe

New co-tenant absconds with neighbour’s children in Akwa Ibom

by The Editor
September 17 2026
0

Palliatives: Sokoto residents feared dead in stampede at Wammako’s residence

Police Inspector slumps, dies after fitness exercise

by The Editor
September 3 2026
0

How friend deceived me to sell my kidney, bought phones with payment — Victim

How friend deceived me to sell my kidney, bought phones with payment — Victim

by The Editor
August 30 2026
0

GLOBAL NEWS

Gambia orders banks to replace foreign workers with locals

Gambia orders banks to replace foreign workers with locals

by The Editor
September 25 2026
0

...

Trump signs security deal with Greenland, Denmark at UN

Trump signs security deal with Greenland, Denmark at UN

by The Editor
September 23 2026
0

...

Trump bars CNN, MS NOW, Politico from White House

Trump bars CNN, MS NOW, Politico from White House

by The Editor
September 18 2026
0

...

2027 Hajj: Saudi Arabia rejects Nigeria’s request for additional slots

2027 Hajj: Saudi Arabia rejects Nigeria’s request for additional slots

by The Editor
September 17 2026
0

...

Canada flags Nigeria, 16 African countries as high-risk in new travel advisory

Canada raises study permit, visitor visa processing times for Nigerians

by The Editor
September 17 2026
0

...

State of the States

Auto Draft

Enugu Air opens international route to Cameroon, begins Enugu-Douala service

by The Editor
September 25 2026
0

...

I won’t be a godfather; Abia voters will pick my successor, says Gov. Otti

I won’t be a godfather; Abia voters will pick my successor, says Gov. Otti

by The Editor
September 17 2026
0

...

Fubara orders fresh LG elections in Rivers State

Fubara signs N1.84tt Rivers 2026 budget into law

by The Editor
September 3 2026
0

...

Lagos empowers 6,190 residents with free vocational, entrepreneurial skills

Lagos empowers 6,190 residents with free vocational, entrepreneurial skills

by The Editor
September 2 2026
0

...

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
MT Asharami Ghana delivers 5,000MT LPG cargo to Ghana, boosts energy security, regional trade

MT Asharami Ghana delivers 5,000MT LPG cargo to Ghana, boosts energy security, regional trade

October 3 2026
Community leaders, scholars applaud Egbin Power’s scholarship programme

Community leaders, scholars applaud Egbin Power’s scholarship programme

October 2 2026

Nigeria advances research sovereignty as Health Ministry, NHIA, partners convene inaugural Health Financing Forum

September 28 2026
Candidate Sowore: Revolution, Marijuana and other stories

Candidate Sowore: Revolution, Marijuana and other stories

September 25 2026

EDITORIAL REVIEW

Tele-robotic surgery: Nigeria needs more medical feats – Punch

Tele-robotic surgery: Nigeria needs more medical feats – Punch

by The Editor
September 25 2026
0

2027: Voter registration figures must mirror turnout – Punch

2027: Voter registration figures must mirror turnout – Punch

by The Editor
September 17 2026
0

EFCC recoveries: The good, the bad and the ugly – Punch

EFCC recoveries: The good, the bad and the ugly – Punch

by The Editor
September 11 2026
0

Football’s house of failure – Punch

Football’s house of failure – Punch

by The Editor
September 8 2026
0

FAAC shares N2.09tr to FG, states, local councils as October revenue

FAAC bonanza: Nigeria’s fiscal paradox – Punch

by The Editor
September 3 2026
0

Opinion

Candidate Sowore: Revolution, Marijuana and other stories

Candidate Sowore: Revolution, Marijuana and other stories

by The Editor
September 25 2026
0

...

 Akpakomiza and other stories

by The Editor
September 1 2026
0

...

‘Fake’ Agency: Adeyemi insists DG appointment genuine

Fake agencies: Why Nigeria still needs Oronsaye report

by The Editor
August 25 2026
0

...

How Adeleke danced back from the dead

How Adeleke danced back from the dead

by The Editor
August 19 2026
0

...

Plugin Install : Popular Post Widget need JNews - View Counter to be installed
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials

© 2026 TheCitizen Ng. All Rights Reserved.

No Result
View All Result
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials

© 2026 TheCitizen Ng. All Rights Reserved.