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EFCC Seeks Revocation of Bail Granted To Ex-Lagos Assembly Speaker


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EFCC Seeks Revocation of Bail Granted To Ex-Lagos Assembly Speaker

The Economic and Financial Crimes Commission (EFCC) has asked a Federal High Court in Lagos to revoke the bail granted to Adeyemi Ikuforiji, a former Speaker of the Lagos State House of Assembly, who faces charges of money laundering involving N338.8 million.

The defendants had been presented with a 54-count charge before the court and pleaded not guilty upon re-arraignment, allowing them to continue on bail that was initially granted in 2012 when they first appeared in court.

As the case was being continued on Wednesday, EFCC counsel Ekene Iheanacho expressed his dissatisfaction with the fact that a letter for adjournment had been submitted by defense counsel on behalf of the defendants instead of their presence.

In response, he applied orally for a bench warrant and requested that the defendant’s bail be revoked should they fail to appear at trial on May 3rd, 2021 as set forth by Judge Mohammed Liman.

Ikuforiji and his former personal assistant Oyebode Atoyebi were initially arraigned on March 1st, 2012 upon 20 counts concerning misappropriation and money laundering but were ruled discharged by Justice Ibrahim Buba later that year following a no-case submission made by them.

However, the EFCC’s appeal against this decision at the Court of Appeal resulted in an order for another trial presided over by Judge Mohammed Liman where EFCC closed its second witness’s testimony last month accusing them of accepting cash payments above the threshold provided in Money Laundering Act without going through any financial institution along with allegedly misappropriating funds belonging to Lagos Assembly between April 2010 and July 2011 in violation of Sections 15 (1d), 16(1d) and 18 of Money Laundering Act, 2004 and 2011.

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