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

NDLEA seizes N12.4bn cannabis at Lagos Port, busts drug syndicate targeting passengers
Financial Crimes

NDLEA seizes N12.4bn cannabis at Lagos Port, busts drug syndicate targeting passengers

June 28 2026
NDC candidates sign affidavits as party moves against defections
Headlines

Court sets aside judgment recognising NDC as political party

June 26 2026
Senate moves to establish commission for religious harmony
Headlines

BREAKING: Senate passes state police bill, empowers governors to appoint commissioners

June 24 2026
Oyo APC, Makinde trade words over Osun intervention
Headlines

BREAKING: Oyo govt declares 16-hour curfew in 10 LGAs

June 23 2026
Insecurity: Terrorists trooping southward into forests – Gov. Akeredolu raises alarm
Headlines

US releases identities of Nigerian terrorism financiers

June 23 2026
Rivers Police arrest officers, launch probe over alleged extortion
Financial Crimes

Rivers Police arrest officers, launch probe over alleged extortion

June 23 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

Bauchi Electoral Commission fixes August 17 for LG election

Bauchi Electoral Commission fixes August 17 for LG election

by The Editor
June 19 2026
0

...

Court grants indigenous status to Hausas born in Jos North

Court grants indigenous status to Hausas born in Jos North

by The Editor
June 11 2026
0

...

42-year-old Sheikh Dasuki emerges Chief Imam of Ilorin

42-year-old Sheikh Dasuki emerges Chief Imam of Ilorin

by The Editor
June 11 2026
0

...

His Royal Majesty, Obi Ifechukwude Okonjo II: Progressive Monarch fighting for his people

His Royal Majesty, Obi Ifechukwude Okonjo II: Progressive Monarch fighting for his people

by The Editor
June 4 2026
0

...

APPOINTMENTS

Tinubu appoints new NUC chairman

Tinubu appoints new NUC chairman

by The Editor
June 23 2026
0

...

UK Prime Minister picks ex-army officer Dan Jarvis as new defence ministe

UK Prime Minister picks ex-army officer Dan Jarvis as new defence ministe

by The Editor
June 11 2026
0

...

NCC appoints Princess Oforitsenere Emiko as interim Chairman of the Digital Bridge Institute Governing Board

NCC appoints Princess Oforitsenere Emiko as interim Chairman of the Digital Bridge Institute Governing Board

by The Editor
June 9 2026
0

...

Pres. Tinubu swears in two new ministers

Pres. Tinubu swears in two new ministers

by The Editor
June 8 2026
0

...

ODDITIES

My mother trained me selling akara, bananas – Tinubu’s aide backs First Lady’s remarks

My mother trained me selling akara, bananas – Tinubu’s aide backs First Lady’s remarks

by The Editor
June 28 2026
0

Of bandits and their informants/sponsors

Police, military, others lost 282 rifles to gunmen – Report

by The Editor
June 27 2026
0

Lagos jails 13 for illegal waste disposal

Lagos jails 13 for illegal waste disposal

by The Editor
June 23 2026
0

GLOBAL NEWS

Venezuela earthquakes leave 920 dead, 50,000 missing

Venezuela earthquakes leave 920 dead, 50,000 missing

by The Editor
June 27 2026
0

...

Trump, Iran at odds over nuclear inspections, frozen assets in deal to end war

Trump, Iran at odds over nuclear inspections, frozen assets in deal to end war

by The Editor
June 23 2026
0

...

Keir Starmer announces resignation as UK Prime Minister

Keir Starmer announces resignation as UK Prime Minister

by The Editor
June 22 2026
0

...

Israel, Hezbollah agree to ceasefire

Israel, Hezbollah agree to ceasefire

by The Editor
June 19 2026
0

...

US bids goodbye to Air Force One as Trump’s Qatari jet awaits takeoff

US bids goodbye to Air Force One as Trump’s Qatari jet awaits takeoff

by The Editor
June 19 2026
0

...

State of the States

Imo Police comb forests with drones, rescue kidnapped victim

Imo Police comb forests with drones, rescue kidnapped victim

by The Editor
June 28 2026
0

...

Sokoto mourns as three soldiers, two policemen die in IED explosion, ambush

Sokoto mourns as three soldiers, two policemen die in IED explosion, ambush

by The Editor
June 23 2026
0

...

Katsina extends automatic jobs scheme to first-class graduates

Katsina extends automatic jobs scheme to first-class graduates

by The Editor
June 22 2026
0

...

Ekiti election: Police restrict movement on Saturday, exempt exam candidates

Ekiti election: Police restrict movement on Saturday, exempt exam candidates

by The Editor
June 19 2026
0

...

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
Imo Police comb forests with drones, rescue kidnapped victim

Imo Police comb forests with drones, rescue kidnapped victim

June 28 2026
NDLEA seizes N12.4bn cannabis at Lagos Port, busts drug syndicate targeting passengers

NDLEA seizes N12.4bn cannabis at Lagos Port, busts drug syndicate targeting passengers

June 28 2026
FIFA confirms World Cup Round of 32 fixtures, dates, venues

FIFA confirms World Cup Round of 32 fixtures, dates, venues

June 28 2026
My mother trained me selling akara, bananas – Tinubu’s aide backs First Lady’s remarks

My mother trained me selling akara, bananas – Tinubu’s aide backs First Lady’s remarks

June 28 2026

EDITORIAL REVIEW

IMF warns Nigeria as Tinubu plans to borrow $5 billion from UAE lender

Nigeria is bleeding – Punch

by The Editor
June 26 2026
0

Tinubu appoints NECO, NBTE chairmen, names poly rector, renews library DG tenure

Single 6-year tenure, dangerous idea – Punch

by The Editor
June 23 2026
0

Terrorists kidnap Army Major General, wife in Katsina

Another General falls – Punch

by The Editor
June 22 2026
0

Constitution Review: NASS targets Dec 25 for 1st alterations

NASS jumbo pay under scrutiny, again – Punch

by The Editor
June 19 2026
0

Waste crisis in states – Punch

Waste crisis in states – Punch

by The Editor
June 17 2026
0

Opinion

Trump’s U-turn on Iran war ends Israel’s Middle East dream

Trump’s U-turn on Iran war ends Israel’s Middle East dream

by The Editor
June 17 2026
0

...

Terrorists kidnap Army Major General, wife in Katsina

Slain General: When the protectors need protection

by The Editor
June 17 2026
0

...

Bandits attack mosque, kill 1, abduct 9 in Kaduna

When terrorism becomes the talk of town

by The Editor
June 9 2026
0

...

Of bandits and their informants/sponsors

Of bandits and their informants/sponsors

by The Editor
June 1 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.