The immediate past Commissioner for Finance in Kwara State, Ademola Banu, has been arraigned before Justice Babangana Ashigar of Federal High Court, Ilorin on charges bordering on money laundering.
\nBanu was arraigned alongside Travel Messenger Company Limited and one Olarewaju Adeniyi on a nine-count charge.
\nThe EFCC alleged that the defendants conspired among themselves to launder the sum of N411million belonging to the Kwara State Government.
\nCount one reads:\u00a0“That you, Olarewaju Adeniyi, Ademola Banu and Travel Messenger Limited between January to December 2018 in Ilorin within the jurisdiction of this honourable Court conspired among yourselves to commit an offence,\u00a0 to with: conversion of the sum of N411,000,000 (Four Hundred and Eleven Million Naira) only property of Kwara State Government,\u00a0 which sum you reasonably ought to know was derived from fraud,\u00a0and thereby committed an offence contrary to section 18(a) of the money laundering (prohibition) (amendment) Act, 2012 and punishable under section 15(3) and (4) of the same Act”.
\nThey pleaded “not guilty” to the charges.
\nFollowing their plea, counsel for the EFCC,\u00a0Nnaemeka Omewa asked the court for a date for trial to commence, “to enable us prove our case”.
\n“We also want you to remand the defendants in Correctional Facility pending the hearing and determination of this case,” he added.
\nDefence counsel,\u00a0Gboyega Oyewole and Bamidele Ibironke however prayed Justice Ashigar to grant bail to their clients,\u00a0arguing that the offences in which the defendants are standing trial are bailable.
\nOmewa, however,\u00a0opposed the bail applications and informed the court of a counter-affidavit, in which he urged the court to dismiss the application.
\nJustice Ashigar, thereafter, adjourned the matter until February 10, 2020 to rule on the application, and ordered the defendants to be remanded in EFCC custody.<\/p>\n","protected":false},"excerpt":{"rendered":"
The immediate past Commissioner for Finance in Kwara State, Ademola Banu, has been arraigned before Justice Babangana Ashigar of Federal High Court, Ilorin on charges bordering on money laundering. Banu was arraigned alongside Travel Messenger Company Limited and one Olarewaju Adeniyi on a nine-count charge. The EFCC alleged that the defendants conspired among themselves to […]<\/p>\n","protected":false},"author":7,"featured_media":24108,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[878,164,879],"class_list":["post-24106","post","type-post","status-publish","format-standard","has-post-thumbnail","category-news","tag-banu","tag-efcc","tag-n411m"],"_links":{"self":[{"href":"https:\/\/everyday.ng\/index.php?rest_route=\/wp\/v2\/posts\/24106","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/everyday.ng\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/everyday.ng\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/everyday.ng\/index.php?rest_route=\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/everyday.ng\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=24106"}],"version-history":[{"count":0,"href":"https:\/\/everyday.ng\/index.php?rest_route=\/wp\/v2\/posts\/24106\/revisions"}],"wp:attachment":[{"href":"https:\/\/everyday.ng\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=24106"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/everyday.ng\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=24106"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/everyday.ng\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=24106"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}