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Alleged money laundering: Court acquits Ex-Lagos speaker, Ikuforiji

by Present Nigeria
June 24, 2024
in News
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Alleged N388.8m Fraud: Court Adjourns Trial Of Ex-Lagos Speaker, Till June 1
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A Federal High Court in Lagos has acquitted ex-Lagos Speaker Adeyemi Ikuforiji of a 54-count money laundering charge.

The Economic and Financial Crimes Commission (EFCC) had arraigned Ikuforiji and his former Personal Assistant, Oyebode Atoyebi on a 54-count charge bordering on alleged money laundering.

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They were accused of allegedly accepting cash payments of N338.8 million from the House of Assembly without going through a financial institution.

They, however, pleaded not guilty before Liman, who allowed them to continue on bail granted them in 2012 when they were first arraigned.

The defendants who were first arraigned before Okechukwu Okeke, a judge at the federal high court in 2012, were acquitted on Monday, June 24, 2024. 

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PRESENT, a credible online newspaper from the cell of Red Carpet Communications Limited, is published by an experienced and profoundly resourceful journalist, Yemi Olowolabi.
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