• 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

Alleged Money Laundering: Court remands Atiku’s son-in-law in EFCC custody

metro by metro
August 14, 2019
in News
0
0
SHARES
0
VIEWS

EFCCA judge has remanded an in-law to an opposition presidential candidate in the custody of the anti-graft agency, EFCC.

Justice Nicholas Oweibo of the Lagos division of the Federal High Court on Wednesday also granted a motion exparte seeking leave of court that the money laundering case against Abdulahi Babalele should be heard during the ongoing court vacation.

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

Mr Babalele is the son-in-law of Atiku Abubakar, the PDP presidential candidate in the last election. Mr Abubakar is challenging the victory of President Muhammadu Buhari in court. He and his party have suggested that Mr Babalele is being tried because of his relationship with the opposition candidate.

On Wednesday, Rotimi Oyedepo, the counsel to the EFCC, while moving the motion for the trial of the accused during court vacation, asked that the motion be granted in the interest of justice.

The counsel to Mr Babalele, Mike Ozhekome, also informed the court that he had no misgivings about the motion moved by the prosecution and the motion was subsequently granted by the presiding Judge.

Moving the motion for bail, Mr Ozhekome informed the court that he had filed an application for bail on August 9, and had notified the prosecuting counsel.

“My learned colleague informed me that he needs to react. The defendant has been in the custody of the EFCC since last Thursday and I plead with my lord to allow the defendant continue to stay with the EFCC, pending the time his bail application is heard.”

In response, Mr Oyedepo informed the court that the EFCC holding facility is overstretched and they can no longer accommodate the defendant.

“The learned SAN, when we discussed, I told him his request for his client to remain with us is not in my power. ”

“The defendant has been arraigned and discrimination should not be seen in the treatment of citizens. If my lordship, after arraignment, sends unknown citizens to prison detention, I see no reason why this should be different. ”

“Also, our facilities are overstretched already and the Nigerian Prison Service is empowered to deal with such cases.”

Mr Ozhekome however informed the court that keeping his client in EFCC custody after arraignment pending hearing of his bail application was not a matter of discrimination but a case of looking at the peculiarities of each case.

The judge granted the request of the defendant and asked the parties to come back tomorrow for the hearing of bail application. He said the defendant should be remanded in EFCC custody.

Mr Babalele is facing a two-count charge of money laundering to the tune of $140,000, an offence he is said to have committed in February.

He had been arrested by the EFCC in February on the suspicion of laundering money that the EFCC said was for vote-buying. He was placed on administrative bail while investigations continued.

He was, however, rearrested on August 9, prior to his arraignment on Wednesday.

The offences are said to be contrary to Section 18(c) of the Money Laundering (Prohibition) Act, 2011 as amended and punishable under Section 16(2)(b) of the same Act.

Tags: Atiku’s son-in-law in EFCC custody
Previous Post

Moghalu says Buhari’s ‘no forex for food importation’ directive to CBN will weaken economy

Next Post

Nigerian host communities seek payment of N98bn gas flare penalty funds

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

Nigerian host communities seek payment of N98bn gas flare penalty funds

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