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Lagos Speaker Ikuforiji Jailed, Judge Gives 48-Hrs Ultimatum For N1 Billion Bail

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Lagos Speaker Ikuforiji Jailed, Judge Gives 48-Hrs Ultimatum For N1 Billion Bail

ikuforiji jailed

June 25, 2013 – Judge Jailed Lagos House Of Assembly Speaker Ikuforiji, Gives 48-Hrs Ultimatum For N1 Billion Bail

Speaker, Lagos State House of Assembly, Adeyemi Ikuforiji, and his Personal Assistant, Oyebode Alade Atoyebi were Monday re-arrianged on a 54-count criminal charge bordering on money laundering.

The re-arraignment was sequel to the retirement of the former judge, Justice Okechukwu Okeke, who was presiding over the case.

In lieu of the retirement of the judge, the case was re-assigned to Justice Ibrahim Buba.

Consequently, the Economic and Financial Crimes Commission, EFCC, prosecuting counsel, Chief Godwin Obla amended the former 20-count charge and substituted it with a 54-count charge.

In the new charge, the accused speaker and his personnal assistant were alleged to have transacted business to the tune of N518 million without going through any financial institution between 2010 and 2011, and thereby committed an offence contrary to Money Laundering Act.

The Speaker and his aide pleaded not guilty to all the charges.

Their lawyer, Mr. Tayo Oyetibo, SAN, leading two other senior lawyers, Tunde Akinrinmisi and Abiodun Onidare, told the court that they were cautious not to file application for bail because the accused persons were already on bail.

But the presiding judge, Justice Buba, said that he is not bound to the previous bail and therefore asked Oyetibo to move an application for bail.

Oyetibo said the speaker was on bail on self recognition, while the Clerk of Lagos State House of Assembly stood as surety for the second accused person.

In his reaction, Chief Obla said he is not opposing the bail application, but that what he is after is that the trial of the case should continue, therefore, leaving the issue of the bail to the discretion of the court.

In his ruling for the application for bail, Justice Buba granted them bail in the sum of N5 billion with two sureties in like sum.

The two sureties must file affidavit of means while the accused must sign an undertaking of coming to court regularly.

The bail condition must be perfected before 48 hours and the two accused will not be remanded in prison custody.

However, failure to perfect bail conditions before 48 hours will attract a bench warrant being issued against them.

However, Onidare and Akinrinmisi urged the court to vary the bail conditions.

In acceding to their request, Justice Buba reduced the bail from N5 billion to N1 billion.

Thereafter, the case was adjourned till 25 September for trial to commence.

[Source: PM News]

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  1. iron bar

    June 25, 2013 at 1:19 AM

    crooks dancn naked in the street..kirikiri straight

  2. mulikat

    June 25, 2013 at 5:13 AM

    That is good, and this first time i here about N 1 billion bail,for Nigeria political theift ,he and is partner theift 518 million and will be bail 1 billion,if things like this happen no body will theift poor people money and just go with it free.kindly Kirikiri,look at tha John or what is name theat Theift pension money with is gang 23 billion get 750,000 naira bail,they should retried him with is gang + the useless Judge that bail with 750,000 bring them to this Judge,both will land in kiriki or bail with 100 billion.
    i cant still belive we have a good judge in Nigeria,bail for 1 billion, we nigeria shouldnt be travelling about looking for good life and work,even going up too,gabon and kenya e.t.c ,not only europe,but our big pen theift leader kill us b4 our time,those luck get a job,after finish no pension,cos 1 or 2 pen theift go with 100,000 people pension.

  3. Omoba Jamiu

    June 25, 2013 at 5:50 AM

    It a set up d speaker wil come out clean it all abt 2015 gov ambition of some politicia.thks bye

    • sheriff

      June 25, 2013 at 2:29 PM

      omo oba you are nothing but goat you call this a set up who set who up you better keep st

  4. kehn

    June 26, 2013 at 9:35 AM

    When I read “jailed” I thought he has been convicted.
    Let there be fair journalism, a man is not condemned until he is found guilty through a competent court of jurisdiction under a fair and equitable judicial system…though that is questionable in Nigeria of today.
    All said, I really wish there could be a cleansing in the system to retrieve all that these public office holders have ‘eaten’. for me punishment may not be necessary but all they have ever gathered should be taken from them so they could feel lack hunger and emptiness -the problems with that is some people will still sit tight on it (remember Tafa Balogun, but let there be a cleansing.
    Imaging talking of billions of Naira as if its just the salt from the sea water, while some people die daily of hunger,there is no saint amongst them.

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