EFCC arraigns Adesina for N3 million fraud

LAGOS, Nigeria – The Economic and Financial Crimes Commission, EFCC, Ibadan zone, today arraigned one Ibraheem Adesina Adeyemi before Justice Ladiran Akintola of the Oyo State High Court sitting in Ibadan on a one-count charge of fraud one count charge of fraud.

He pleaded “not guilty” to the charge. Consequent upon his plea, counsel for the EFCC, Sanusi Galadanchi, applied for a trial date.

Defence counsel, Bolarinwa Lawal, however, moved the bail application of his client. Justice Akintola, thereafter, granted him bail in the sum of N2 million and two sureties in like sum, who must be resident within the jurisdiction of the court, and must present three years Tax Clearance Certificates to be verified by the court.

Consequently, Justice Ladiran Akintola adjourned the case to April 15, 2019 for trial.

The count reads: “That you, Ibraheem Adesina Adeyemi, sometime in the month of April 2016, or thereabout, in Ibadan, within the jurisdiction of this Honourable Court, with intent to defraud, did convert to your personal use the sum of N3,000,000 (Three Million Naira) only, property of Alhaji Kamoru Atilola, which he gave to you on trust for keep and thereby committed an offence.” The offence, according the charge, is contrary to Section 390 (9) of the Criminal Code Cap. 38, Vol.2, Laws of Oyo State, 2000.