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EFCC Asks Court To Revoke Ex-Lagos Speaker’s Bail

There may be more trouble for a former Speaker of Lagos State House of Assembly, Adeyemi Ikuforiji, as the Economic and Financial Crimes Commission (EFCC) approached a Federal High Court in the state to revoke the bail he was granted earlier.

The former Speaker and his former Personal Assistant, Oyebode Atoyebi, are in court over allegations that they laundered N338.8 million and are facing facing a 54-count charge.

The suspects pleaded not guilty and were allowed by Justice Mohammed Limanto continue on bail granted them during their first arraignment in 2012.

The EFCC counsel, Ekene Iheanacho, on Wednesday, however, told the court that the defendants have no reason not to appear in court for their cases.

Iheanacho prayed the court to revoke their bail and issue and bench warrant against them.

READ ALSO: Alleged Treason: Imo Ex-Deputy Gov’s Bail Request Rejected

The judge afterwards ordered the defendants to be present for trial on the next date, May 3.

According to the judge, the wish of the prosecution counsel would be honoured if the defendants fail to appear for trial on the next adjourned date.

The defendants were charged with accepting cash payments above the threshold set by the Money Laundering Act, without going through a financial institution.

The commission also accused the defendants of conspiring to accept cash payments in the aggregate sum of N338.8 million from the House of Assembly without going through a financial institution.

Mr Ikuforiji was also accused of using his position to misappropriate funds belonging to the Assembly.

The EFCC said that the defendants committed the offences between April 2010 and July 2011, in contravention of Sections 15 (1d), 16(1d) and 18 of Money Laundering Act, 2004 and 2011.

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