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

SEC Estacodes: Appeal Court Discharges, Acquits Azubuogu

The Citizen by The Citizen
March 29 2014
in Financial Crimes, Uncategorized
A A
0

The Court of Appeal, Abuja Division has discharged and acquitted the Vice Chairman of the House of Representatives Committee on Capital Market, Hon. Chris Emeka Azubuogu over allegations that he dishonestly converted the sum of $4,095 given to him by the Securities and Exchange Commission for a conference in the Dominican Republic.

In a lead judgment delivered by Justice Amiru Sanusi, the appellate court held that the Abuja High Court which had held that Azubogu had a case to answer erred in law when it dismissed his no-case submission after the respondent (the Economic and Financial Crimes Commission) had failed to prove the essential elements of the offence of dishonest conversion.

Azubogu had consistently maintained that he did not do anything wrong and that the Director General of SEC, Aruma Oteh was merely using the EFCC, where she sits as a member of the Governing Council to harass and persecute him because she was being investigated by his committee.

Justice Sanusi held: “the Prosecution Witness 1(PW 1) is an investigator with the EFCC and under cross examination he admitted that it was impossible for the applicant to have travelled to the Dominican Republic for the conference, as at the time the estadcode was paid to him on the eve when the conference was supposed to end.

“They further admitted that the second accused person (Azubuogu) had offered to return the estacode, PW 4 a staff of SEC under cross examination admitted that when an estacode is collected and the person did not travel another trip would be arranged for him, and the person can return the said money at any time, it is evident from the incontrovertible pieces of evidence, that there is no evidence before the trial court to prove that the appellant committed the said offence. It is also evident that the second accused person had directed that the estacode be returned to SEC.”

The jurists held that there was ample unchallenged evidence at the end of the prosecution’s case that there was no prima facie case against Azubogu.

He further held that neither was there a justifiable evidence to continue with the case.

He said: “The most likely thing for the trial judge to do was to strike out the case. I resolve the two issues in Favour of the appellant. The appellant is discharged and acquitted.”

 

Previous Post

Chime raises alarm over dearth of Judges

Next Post

Policemen abduct The Sun editor

Related Posts

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

Rivers Police arrest officers, launch probe over alleged extortion

June 23 2026
Tinubu not National Assembly rejected me as ministerial nominee, says El-Rufai
Financial Crimes

El-Rufai to file no-case submission as DSS closes case

June 23 2026
Judgement on filming police deepens freedoms – Punch
Financial Crimes

Rivers Police Commissioner removes DPO over extortion, abuse of office

June 22 2026
Fraudsters rake in N134bn from banks, customers
Business

Fraudsters rake in N134bn from banks, customers

June 19 2026
London Court acquits Alison-Madueke of all bribery charges
Financial Crimes

London Court acquits Alison-Madueke of all bribery charges

June 17 2026
Customs Service announces zero import duty on gas utilisation equipment
Financial Crimes

Senate panel clears Customs of N62.2bn under-remittance

June 17 2026
Next Post

Policemen abduct The Sun editor

Clarion Chukwura blasts Ibinabo

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

Lagos jails 13 for illegal waste disposal

Lagos jails 13 for illegal waste disposal

by The Editor
June 23 2026
0

Auto Draft

Bandits kill Katsina businessman after N5m ransom payment

by The Editor
June 17 2026
0

Air Force officers beat Lagos driver to death after minor crash

Air Force officers beat Lagos driver to death after minor crash

by The Editor
June 16 2026
0

GLOBAL NEWS

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

...

Fear heightens as deadline for migrants to leave South Africa looms

Fear heightens as deadline for migrants to leave South Africa looms

by The Editor
June 17 2026
0

...

State of the States

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

...

Lagos shuts Iddo Bridge for repairs

Lagos shuts Iddo Bridge for repairs

by The Editor
June 17 2026
0

...

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
ADC revises primary election timetable, nomination fees

Economy: Onanuga’s ‘no hunger’ comment shows Tinubu govt is out of touch — ADC

June 24 2026
Senate moves to establish commission for religious harmony

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

June 24 2026
Katsina extends automatic jobs scheme to first-class graduates

Katsina State denies sponsoring bandits for Hajj, demands evidence

June 24 2026
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

June 23 2026

EDITORIAL REVIEW

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

Party primaries of discontent – Punch

Party primaries of discontent – Punch

by The Editor
June 15 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.