The defendants are charged before Justice Aneke by the Economic and Financial Crimes Commission (EFCC), on counts of Money Laundering, fraud, concealment of crime proceeds, and criminal breech of trust.
The News Agency of Nigeria (NAN) reports that the case which was earlier billed for arraignment of the defendants, was on Monday, further adjourned to a date that will be communicated to parties, as the court did not sit.
The judge is said to away on an of official assignment.
On Feb. 7, the court had issued a bench warrant for the arrest and production in court of the defendants, following an application moved by the prosecutor, Mr Rotimi Oyedepo.
According to the charge, on April 12, 2017, the accused indirectly concealed the sum of 43.5 million dollars, property of the Federal Government of Nigeria in Flat 7B, No. 16, Osborne Road, Osborne Towers, Ikoyi, Lagos.
The accused were also alleged to have between Aug. 25, 2015 and Sept. 2, 2015 in Lagos, indirectly used the sum of 1.7 million dollars, property of the Federal Government of Nigeria to acquire Flat 7B, No. 16, Osborne Road, Osborne Towers, Ikoyi, Lagos.
The prosecution also alleged that the defendant directly converted the sum of 160.8 million dollars property of the Federal Government of Nigeria, to their own use .
The prosecution said that the defendant reasonably ought to have known that the said sums formed part of the proceeds of an unlawful act of criminal breach of trust and concealment of crime proceeds.
The offence, the EFCC said, contravened the provisions of sections 15, 15 (2), 15(2)(d) and 15 (3) of the Money laundering prohibition Act, 2015.