EFCC Re-arraigns Ex-minister, Senator over N650m Fraud

Hamilton Nwosa
Writer
new-diplomat default image
new-diplomat default image

Ad

Details as FG, States LGs Share N2.103trn in September

By Abiola Olawale The Federation Account Allocation Committee (FAAC) has disbursed a total of N2.103 trillion as federation revenue for September 2025, shared among the Federal Government (FG), 36 states, and 774 Local Government Councils (LGCs). The allocation was made at the Federation Account Allocation Committee (FAAC) meeting chaired by the Accountant-General of the Federation,…

Why I Don’t Want Nigeria to Qualify for 2026 World Cup– South Africa’s Minister Reveals

By Abiola Olawale South Africa's Minister of Sport, Arts and Culture, Gayton McKenzie, has unleashed a scathing attack on Nigeria's Super Eagles, declaring outright that he hopes they crash out of contention for the 2026 FIFA World Cup. McKenzie spoke during an interview with Radio 947 in Johannesburg, where he accused Nigeria of allegedly attempting…

From Harvard to Stanford: The Tuition Costs of the Top 10 Colleges

Key Takeaways Tuition alone at elite schools ranges from $59K to $71K, compared to $43K at the average private college. The University of Chicago tops the list. The cost of attending America’s most prestigious universities continues to soar. For the 2024–25 academic year, the total annual cost of the top 10 national universities now ranges…

Ad

The Economic and Financial Crimes Commission, (EFCC), yesterday re-arraigned former Minister of the Federal Capital Territory (FCT), Jumoke Akinjide, at the Federal High Court, Lagos, for allegedly laundering N650million.

Akinjide was charged alongside Senator Ayo Adeseun, Peoples Democratic Party (PDP) stalwart Chief Olanrewaju Otiti and former Minister of Petroleum Resources, Mrs Diezani Alison-Madueke, who was said to be at large.

The defendants are standing trial on a 24-count charge before Justice Muslim Hassan.

They were accused of conspiring to obtain the 650m from Mrs Alison-Madueke, in the build-up to the 2015 general elections.

According to the EFCC, they reasonably ought to have known “that the money formed part of the proceeds of an unlawful act.”

At yesterday’s proceeding, EFCC counsel, Mr. Rotimi Oyedepo, told the court that the agency had an amended 24-count charge and urged the court to admit same as their charge in the suit.

He said Akinjide, Adeseun and Otiti acted contrary to Section 18(a) of the Money Laundering (Prohibition) Act, 2012.

The amended charge was not opposed by the defence team, following which Justice Hassan ordered the registrar to take the plea of the defendants.

Trial commences on February 5, 6, 13 and 14.

Ad

X whatsapp