Inside Details Of How EFCC Slammed Lawsuit Against Three Men For Allegedly Defrauding Access Bank of N3.5bn

Cat:

Related stories

2027: Yobe Swings as Adamu Waziri, PDP’s BoT member Dumps Party for ADC

Slams Leadership’s Credibility Crisis By Abiola Olawale In another blow...

Saudi Arabia Raises Oil Prices

Saudi Aramco will be selling its crude to all...

Grass Cutting! Ex-SGF Babachir Lawal Dumps APC, Heads to ADC Ahead 2027

A former Secretary to the Government of the Federation...

Drama in Kano, as 58 Inmates Seat for 2025 NECO SSCE

By Abiola Olawale The Nigerian Correctional Service (NCoS), Kano State...

By Abiola Olawale

The Economic and Financial Crimes Commission (EFCC) has filed a two-count charge against three men: Michael Igbomins, David Onyeike and Moses Iruolaje, before the Ikeja Special Offences Court.

The three suspects were alleged to have stolen a total of N3.5 billion from Access Bank.

Consequently, the anti-graft agency arraigned the suspects before the court on two counts of stealing and retention of proceeds of crime.

Appearing before the presiding judge, Olubunmi Abike-Fadipe, the defendants pleaded not guilty when the charges were read to them.

In his argument, the EFCC counsel, Abdulhamid Tukur, prayed the court to grant a trial date and for the defendants to be remanded in a correctional facility.

The defence counsel, however, informed the court that there was no pending application before the court and prayed that the needful would be done before the next adjourned date.

Tukur said the three men allegedly violated Section 17 of the EFCC Establishment Act, 2004 and Section 280 of the Criminal Laws of Lagos State 2015.

The prosecution submitted that the defendants, with dishonest intent, allegedly stole and converted for use the sum of N3.5 billion, property of Access Bank.

Following arguments from both parties, the trial judge, Olubunmi Abike-Fadipe, granted an order to remand the defendants at Ikoyi Custodial Centre pending the hearing and determination of their bail application.

Also, Abike-Fadipe adjourned the case until 28 November for the commencement of trial.

The New Diplomat
The New Diplomathttps://newdiplomatng.com/
At The New Diplomat, we stand for ethical journalism, press freedom, accountable Republic, and gender equity. That is why at The New Diplomat, we are committed to speaking truth to power, fostering a robust community of responsible journalism, and using high-quality polls, data, and surveys to engage the public with compelling narratives about political, business, socio-economic, environmental, and situational dynamics in Nigeria, Africa, and globally.

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories

NDN
Latest News
2027: Yobe Swings as Adamu Waziri, PDP's BoT member Dumps Party for ADCSaudi Arabia Raises Oil PricesGrass Cutting! Ex-SGF Babachir Lawal Dumps APC, Heads to ADC Ahead 2027Drama in Kano, as 58 Inmates Seat for 2025 NECO SSCESword of Democles! Trump’s 10% Tariff Threat Dangles Over Nigeria, Others Over BRICS PartnershipMakinde Mourns as Olubadan’s Passes Away at 90Concerns Soars as Nigeria Unbelievably Lags Behind Libya, Gabon, Equatorial Guinea in World Bank’s 2025 Income Rankings2027: Political Intrigues Escalate as Obi Affirms Presidential Ambition, Declines VP SlotOjuri and Her One-Upper Friend: A Story About Listening, Healing, and Guarding Your PeaceRanked: The Best Countries for Work-Life Balance in 2025Top Indian Refiner Sees Oil Prices Stabilizing in the $65-70 RangeWhat can Nigeria learn from China’s electricity revolution?"Ringo Starr Turns 85: A Global Call for Peace and Love"As Aregbesola Pulls Massive Crowd in Lagos, Wike Blasts Atiku, Aregbesola, Amaechi, Mark, Obi, OthersCharted: U.S. Pharmaceutical Drug Imports from China
X whatsapp