EFCC Arraigns 4 For Stealing $500,000

Azeez Folorunso

Four middle-aged men, Adeyemi Oluwaseun, Suleiman Yusuf Obhakume, Yusuf Imran Adekunle and Hakuna Issah have been arraigned by the Economic and Financial Crimes Commission before a Lagos State High Court sitting in Ikeja.

The defendants were arraigned for allegedly stealing the sum of $500,000 belonging to First Marina Trust Limited.

They are facing two counts charge bordering on conspiracy and stealing before Justice Josephine Oyefeso.

The said offence is contrary to section 409 and 285(1) of the criminal law of Lagos State, 2011.

All defendants pleaded not guilty to the charges preferred against them by the anti-graft commission.

In her application before the court, EFCC lead prosecution counsel, Mrs Zainab Ettu, informed the court that the defendants committed the offence on September 16, 2016.

But in her response, counsel to the 1st defendant, Mr. O. Awonuga, prayed the court for short adjournment to file the bail application, while counsel to the 3rd and 4th defendants, Mr. Abass E. Prayed, told the court that his clients should be remanded in Ikoyi prison.

The presiding judge, thereafter, ordered the defendants be remanded in Ikoyi prison pending the hearing of the bail application.

She, subsequently, adjourned the matter till July 11.

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