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

N603m fraud: EFCC vows to appeal Lagos Speaker, Ikuforiji’s acquittal

The Citizen by The Citizen
September 27 2014
in Financial Crimes, Headlines, Uncategorized
A A
0

The Economic and Financial Crimes Commission has on Friday vowed to appeal against the verdict of the Federal High Court which acquitted the Speaker of the Lagos State house of Assembly, Mr. Adeniyi Ikuforiji and one of his aides, Oyebode Atoyebi on Friday.

The Lagos Speaker and Atoyebi had been facing prosecution on a 54 count of alleged money laundering to the tune of N603 million.

The Head of Media and Publicity of the EFCC, Mr. Wilson Uwujaren, said in an statement to journalist which was obtained by THE CITIZEN, that the EFCC was not satisfied with the ruling of the court as it had proof of evidence that the accused persons committed acts in violation of the Money Laundering to the tune of N338.8.
The statement read in part, “The learned judge erred in this ruling. The proof of evidence to the charge clearly showed that the provisions of the Money Laundering Act had been violated by the accused persons in receiving various cash payments from the assembly amounting to about N338.8 million.”

The statement quoted Justice Buba of the Lagos High Court as having ruled that the prosecution failed to prove its case against the accused person beyond reasonable doubt.

The presiding Judge was said to have described the ruling as ‘anachronistic’ on the ground the prosecution ‘misconstrued and mis-interpreted the Money Laundering Act.’

It was stated that Ikuforiji’s lead Counsel, Wole Olanipekun(SAN) had urged the court to ignore the charges against his client on the premise that the Money Laundering Act of 2004 with which the accused persons were charged had been “replaced with the money Laundering Act, 2011 and should not have been used in charging him.”

Counsel to the second accused, Tunde Akinbidi was said to have aligned his position with that of Olanikpekun, which was upheld by the presiding judge who discharged and acquitted the duo.

 

Previous Post

Airlines cleared for mobile phone use during flights

Next Post

Enyeama back to lead Eagles against Sudan

Related Posts

EFCC hands over ₦837.5m recovered funds to Kaduna State
Financial Crimes

EFCC hands over ₦837.5m recovered funds to Kaduna State

May 18 2026
Jury begins deliberations in trial of Diezani Alison-Madueke
Financial Crimes

Jury begins deliberations in trial of Diezani Alison-Madueke

May 18 2026
DSS picks up El-Rufai after court grants bail; family kicks
Financial Crimes

DSS picks up El-Rufai after court grants bail; family kicks

May 18 2026
EFCC to apologise to doctors after Uyo hospital raid
Financial Crimes

EFCC to apologise to doctors after Uyo hospital raid

May 18 2026
El-Rufai returns to ICPC custody
Financial Crimes

Court grants El-Rufai N100m bail

May 18 2026
Bandits behead abducted Oyo teacher
Headlines

Bandits behead abducted Oyo teacher

May 18 2026
Next Post

Enyeama back to lead Eagles against Sudan

Entertainers delving into politics are scared of their future –Charly Boy

Leave a Reply Cancel reply

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

FROM THE GRASSROOTS

Alaafin urges FG to strengthen native intelligence after Oyo school attacks

Alaafin urges FG to strengthen native intelligence after Oyo school attacks

by The Editor
May 17 2026
0

...

Gov. Adeleke deposes Oba Joseph Oloyede, Apetu of Ipetumodu

Gov. Adeleke deposes Oba Joseph Oloyede, Apetu of Ipetumodu

by The Editor
May 12 2026
0

...

Ebonyi State lifts 3-month curfew after bloody boundary crisis

Ebonyi State lifts 3-month curfew after bloody boundary crisis

by The Editor
May 5 2026
0

...

Ondo community begs Gov. Aiyedatiwa to intervene in regent appointment crisis

Ondo community begs Gov. Aiyedatiwa to intervene in regent appointment crisis

by The Editor
April 30 2026
0

...

APPOINTMENTS

Soludo reshuffles power structure, swears in 18 Commissioners

Soludo reshuffles power structure, swears in 18 Commissioners

by The Editor
May 18 2026
0

...

Tinubu creates Homeland Security adviser role, appoints ex-army general

Tinubu creates Homeland Security adviser role, appoints ex-army general

by The Editor
May 11 2026
0

...

Soludo appoints MDs for three Anambra agencies

Soludo appoints MDs for three Anambra agencies

by The Editor
May 4 2026
0

...

Tinubu seeks Omidiran, 28 others’ confirmation as FCC members

Tinubu approves immediate assignment of four new permanent secretaries

by The Editor
May 4 2026
0

...

ODDITIES

Hoodlums rape Lagos sexagenarian to death

Hoodlums rape Lagos sexagenarian to death

by The Editor
May 18 2026
0

Woman allegedly beats 9-yr-old stepdaughter to death

Woman allegedly beats 9-yr-old stepdaughter to death

by The Editor
May 12 2026
0

Police begin disciplinary action against officer in viral misconduct video

Police begin disciplinary action against officer in viral misconduct video

by The Editor
May 10 2026
0

GLOBAL NEWS

WHO declares global health emergency over Ebola outbreak in Congo, Uganda

WHO declares global health emergency over Ebola outbreak in Congo, Uganda

by The Editor
May 18 2026
0

...

Trump to visit China for high-stakes talks with Xi Jinping

Trump to visit China for high-stakes talks with Xi Jinping

by The Editor
May 12 2026
0

...

Macron in fresh push to rebuild France-Africa partnership

Macron in fresh push to rebuild France-Africa partnership

by The Editor
May 12 2026
0

...

Instagram ends support for end-to-end encrypted DMs

Instagram ends support for end-to-end encrypted DMs

by The Editor
May 8 2026
0

...

New York governor bans ICE agents from wearing masks

New York governor bans ICE agents from wearing masks

by The Editor
May 7 2026
0

...

State of the States

Insecurity: I can end banditry in two months, says Zamfara governor

Zamfara approves pension, salary review for retirees

by The Editor
May 18 2026
0

...

Gov. Radda gifts cars to outstanding Katsina students

Gov. Radda gifts cars to outstanding Katsina students

by The Editor
May 12 2026
0

...

Okpebholo promises justice for slain UNIBEN student

Okpebholo promises justice for slain UNIBEN student

by The Editor
May 11 2026
0

...

Gov. Mbah pledges to end road crashes in Enugu

Enugu govt to build 660MW coal-fired power plant

by The Editor
May 7 2026
0

...

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
Pep Guardiola quits Man City

Pep Guardiola quits Man City

May 18 2026
EFCC hands over ₦837.5m recovered funds to Kaduna State

EFCC hands over ₦837.5m recovered funds to Kaduna State

May 18 2026
Soludo reshuffles power structure, swears in 18 Commissioners

Soludo reshuffles power structure, swears in 18 Commissioners

May 18 2026
Uzodimma defeats Okorocha in Imo APC senatorial primary

Uzodimma defeats Okorocha in Imo APC senatorial primary

May 18 2026

EDITORIAL REVIEW

In 2027 elections, voter apathy looms large – Punch

In 2027 elections, voter apathy looms large – Punch

by The Editor
May 18 2026
0

Oyo school attacks: A call to action for South West governors – Punch

Oyo school attacks: A call to action for South West governors – Punch

by The Editor
May 17 2026
0

Urgent measures needed against hantavirus – Punch

Urgent measures needed against hantavirus – Punch

by The Editor
May 10 2026
0

Nigeria at critical juncture – Vanguard

The cost of living crisis is becoming a national emergency – PM News

by The Editor
May 7 2026
0

Robbers on the rampage – Punch

Robbers on the rampage – Punch

by The Editor
May 7 2026
0

Opinion

The dangers of a one-party state

The dangers of a one-party state

by The Editor
May 5 2026
0

...

Dear Senator Tinubu, Buhari has thrashed us all!

NBC’s real struggle

by The Editor
April 30 2026
0

...

Even INEC admonishes the media?

Even INEC admonishes the media?

by The Editor
April 12 2026
0

...

Enugu: Gov Mbah presents N521.5bn budget for 2024

Mbah: From contested mandate to constructive governance in Enugu

by The Editor
April 9 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.