• Contact Us
  • About Us
Thursday, June 19, 2025
  • Login
MetroBusinessNews
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
MetroBusinessNews
No Result
View All Result
ADVERTISEMENT
Home News

EFCC stalls trial of First Nation boss accused of N1.7bn theft

metro by metro
May 8, 2019
in News
0
0
SHARES
0
VIEWS

EFCCThe Economic and Financial Crimes Commission (EFCC) on Wednesday, stalled the trial at Ikeja Special Offences Court of Mr Kayode Odukoya, Managing Director (MD) of First Nation Airline, accused of stealing N1.7 billion,

News Agency of Nigeria (NAN) reports that proceedings, which were to commence with evidence of the first prosecution witness, Mr Patrick Ogo, representative of Skye Bank Plc, were stalled following EFCC’s failure to serve the defence a copy of the witness’ statement.

Read Also

Kayode Akinyemi Loses Mother

Jega Calls For Mandatory Elecrronic Transmission Of Results, Part-Time Legislators 

Democracy Day: Fiscal Discipline Key To Nigeria’s Sustainable Devt – Auditor-General

When Ogo was called to the stand to testify, Mr Wale Akoni, Odukoya’s counsel, informed the court that the anti-graft agency had not served him a copy of the statement as agreed on the last adjourned date.

“Two adjournments ago, trial did not proceed because of this witness; we were told we would be served with the statement of the witness.

“On Feb. 5, the last adjourned date, the prosecution promised they will serve us and till today, we have not been served,” Akoni said.

Responding, Ozioko apologised to the court and to the SAN, noting that prosecutors in the EFCC were overwhelmed with work.

“I am very sorry; I think this happened because we are terribly overwhelmed. It is an oversight on my part.

“Let us take the evidence-in-chief of the witness today and adjourn for cross-examination later, while we serve the defence a copy of the statement,” he said.

Following the submission of EFCC’s counsel, Justice Mojisola Dada, vacated the previously scheduled court date of May 9.

Dada adjourned the case until May 10, for trial.

NAN reports that the suit, which was filed by the prosecution in 2017, has suffered a number of adjournments occasioned by EFCC.

During proceedings on Feb. 5, Odukoya’s defence team had informed the court that they had been put through a lot of hardships caused by the delays.

NAN reports that prosecution is alleging that Odukoya committed the offences of forgery, use of false document and perjury on March 21, 2013 in Lagos.

According to the EFCC, the defendant forged the Memorandum of Loss of Lagos State Certificate of Occupancy registered as No. 33, page 33 Volume 1011, at the Lagos State Land Registry, Alausa, Lagos, for the document to be passed as genuine.

The forged document was in respect of a property located at No. 29, Oduduwa St., Ikeja GRA, Lagos.

Odukoya is alleged by the EFCC to have used the false document and also gave false information on oath, concerning the loss of the certificate of occupancy at the Lagos State Land Registry.

The anti-graft agency also alleged that on Oct. 7, 2016, the airline MD stole and dishonestly converted to his own use N1.7 billion belonging to Skye Bank Plc.

It said the offences violated sections 85, 86(1) 278(1)(b), 285, 361(1),(a) (b), 363 and 364(1) of the Criminal Law of Lagos State 2011.

Tags: EFCCEFCC stalls trial of First Nation boss
Previous Post

NSC cooperative society grows by N150m, says President

Next Post

BREAKING: FG drags Agip, Brasoil to Appeal Court over undeclared Crude Oil shipments

Related Posts

Kayode Akinyemi Loses Mother
News

Kayode Akinyemi Loses Mother

June 16, 2025
Jega Calls For Mandatory Elecrronic Transmission Of Results, Part-Time Legislators 
News

Jega Calls For Mandatory Elecrronic Transmission Of Results, Part-Time Legislators 

June 12, 2025
Democracy Day: Fiscal Discipline Key To Nigeria’s Sustainable Devt – Auditor-General
News

Democracy Day: Fiscal Discipline Key To Nigeria’s Sustainable Devt – Auditor-General

June 12, 2025
Trump
News

Protests Spread Across US Despite Trump’s Threats

June 12, 2025
Next Post

BREAKING: FG drags Agip, Brasoil to Appeal Court over undeclared Crude Oil shipments

Zenith Bank

Zenith Says Dividend Freeze, Temporary, Exits CBN Forbearance Arrangements By End Of June, 2025

June 18, 2025

Angola to Host ATIDI’s 25th Annual General Meeting as Africa’s Multilateral Insurer Marks 25 years of Impact

June 18, 2025
CBN

CBN’s Forbearance Policy, CRR, LRR May Threaten Banks’ Lending, Proposed $1tn Economy

June 18, 2025
MetroBusinessNews

© 2022 Metro Business News

Navigate Site

  • Contact Us
  • About Us

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate

© 2022 Metro Business News

Go to mobile version