Skip to main content

N8bn CBN scam: Illegible writing stalls trial in Ibadan court

Ibadan – Justice Nathaniel Ayo-Emmanuel of the Federal High Court, Ibadan, on Wednesday adjourned till Nov. 18 the trial of some accused persons in the N8 billion currency scam following the illegibility of copies of documentary evidence produced by the EFCC.
Ayo-Emmanuel said that it was necessary to give all the parties concerned in the matter equal opportunity to read what was contained in the first two sheets of the documentary evidence given by a prosecution witness, Omotayo Igbosanu.

The defence counsel had complained about their inability to read the documentary evidence made by Igbosanu as contained in the illegible pages.
NAN reports that Kolawole Babalola, Adeola Olaniran, Philip Togun, Ibrahim Salami, Emmanuel Odiah and Tope Akintade, along with others, have been standing trial on multiple charges.
The charges bordered on alleged conspiracy, forgery, theft and recirculation of N8 billion currencies belonging to the Central Bank of Nigeria.
Igbosanu, the Head of Currency Processing and Disposal Unit of CBN, Ibadan branch, told the court that the accused persons only destroyed N98 million out of the possible N610 million.
He added that Sterling Bank of Nigeria sent 61 boxes containing a total sum of N610 million out of which the accused persons replaced cut newspapers or lower denominations with moneys meant for destruction.
Meanwhile, Mr Adebisi Adeniyi, the prosecuting counsel, announced to the court that Akintade, one of the accused persons, had begun the process for plea bargain arrangement with EFCC.
Adeniyi, however, said that the arrangement was yet to be completed with the defence counsel, Femi Edema.
NAN recalls that Akintade had complained of being a prostrate cancer patient.

Comments

Follow Us

WHAT'S HOT

Best Gaming Linux Distros You Need To Try In 2017

Gaming on Linux scene is improving each year with better hardware support and increasing support from game developers. Apart from established distros like Ubuntu and Arch Linux, gamers are using gaming Linux distros like Steam OS to get a better experience. The other It’s gaming operating systems are Sparky Linux – Gameover

Shadow Brokers, Who Leaked WannaCry Exploit, Planning Release More Zero-Day Bugs

Shadow Brokers were the first to reveal the vulnerabilities that led to the release of the WannaCry virus and it looks like they are back with a bang. They are launching a subscription-based model where people will be sold zero-day exploits and hacking tools, at least to those who have opted to become their “loyal customer.” In a way, this can be marked as good news and terrible news at the same time.

Learn How To Download Videos From Popular Platforms Such As YouTube, Facebook, Twitter, Instagram And Any Others

Having trouble downloading that video your crush shared on Instagram or one of those adorable cat videos on YouTube? Refer our guide to learn how to download videos from popular platforms such as YouTube, Facebook, Twitter, Instagram and many others.

KLY Ft. Wizkid – Scrrr Pull Up (Remix)

Starboy, Wizkid blends with KLY as he adds a verse to Kly’s hottest tune Pull up Scrr!!. The remix comes with heavy greatness verse from the starboy boss as he blended another magic lyrics on the self enriched tune. Song Production credit goes to Wichi 1080.