PDP chairman, four others sent to prison until they meet bail conditions

By Editor on 25/05/2018

Share on facebook Yahoo mail icon Gmail icon

Views: 972


JUSTICE P. I Adjokwu of a Federal High Court in Benin on Thursday granted the Edo chairman of the Peoples Democratic Party, Chief Dan Orbih and Mr Osagie Ize-Iyamu, the 2016 governorship candidate, N10 million bail each for alleged N700 million fraud.

But he also ordered them remanded in prison until they perfected their bail conditions.

Also granted bail in the sum of N10million each were the former deputy governor, Mr Lucky Imasuen, a former member of the House of Representatives, Tony Azegnemi and Efe Anthony.

Justice Adjokwu ordered the defendants to produce a surety each in like sum.

The judge ordered that the sureties, who must not be below grade level 16, must be house owners, with Certificates of Occupancy (C of O) that should be deposited with the court’s deputy registrar.

Adjokwu, who rejected the plea by defendants’ counsel, Mr Charles Edosomwan that they be remanded in the EFCC custody, until they meet the bail conditions, ordered them remanded in prison.

The Judge adjourned the case till July 4.

EFCC had arraigned the defendants on an eight-count charge of laundering the sum of N700million.

The EFCC alleged that the defendants were arraigned for receiving N700 Million prior to the 2015 general elections, from former oil minister, Diezani Alison-Madueke. The money was part of the $115 million that Diezani pilfered from the treasury.

He said the offence contravened Section 15(2)(d)of the Money Laundering (Prohibited) Act 2011(as amended by the Money Laundering (Prohibition) punishable under section 15(3) of same Act. (NAN)

Posted 25/05/2018 07:20:46 AM

 

Share on facebook Yahoo mail icon Gmail icon


 

You may also like...
Court orders forfeiture of ex-presidential fleet commander’s N510m...

24 health workers infected in Ebonyi

Appeal Court orders release of Dasuki from detention...

Again, Court orders temporary forfeiture of funds linked...

Govt has impoverished Nigerians to oppress them, says...

FULL TEXT OF AN ADDRESS PRESENTED BY PRESIDENT...

Senator Dino Melaye calls APC weak, lifeless party...

PDP candidate, Seyi Makinde, emerges Oyo governor-elect

Biafra: Fani-Kayode reveals Nnamdi Kanu’s whereabouts

Kogi: Wada rejects election results

Alleged fraud: Atiku, Gana, others visit Jang in...

Offa Robbery: nPDP pulls out of talks with...

 

Latest News Nigerian troops kill scores of bandits, rescue kidnapped victims in Sokoto, Zamfara Only God can make Igbo man President – Arthur Eze. ...My father lived in peace with all men Seized properties cornered by top EFCC officials, Magu’s friends – Panel I didn’t campaign for Buhari while with Jonathan – Dasuki Fraudster detains American lady in Lagos hotel, defrauds her of N18.5m COVID-19: FG releases guidelines for schools’ resumption I didn’t buy N573m property on Magu’s behalf —Prophet 2023: Uzodimma, Ngige, Nnamani, others meet for united Igbo agenda How we used Tinubu’s name for fraud in NSA’s office during Jonathan’s tenure — Brothers Police disband IRT, STS state offices Magu fights back, wants Presidential Panel to probe Malami over sale of seized assets. Ex-Abia lawmaker, Dan Egbogu is dead

 

Most Read I’ve no Coronavirus, govt wants to kill me – Anambra Index case (37,841 views) Fleeing ex-DG Imo Broadcasting Corporation who stabbed wife to death arrested (26,064 views) Full Text of Governor Ifeanyi Ugwuanyi’s 2016 Budget Speech (17,481 views) Ex-Heads of State will protect Jonathan from persecution —Kukah (17,204 views) HUSHPUPPI: CRIMINALS HAVE NO TRIBE. THEY SHAME ALL OF US... (16,398 views) ASUU strike: Senate intervention ends in deadlock (16,352 views) All you need to know about Peter Obi, PDP VP Candidate (15,951 views) Ugwuanyi commends FG’s siting of ICT University in Enugu (15,256 views) Sickle cell support group seeks government intervention (14,249 views) Ebonyi bans embalming of corpses in homes (14,074 views) DEMOCRACY DAY: President Muhammadu Buhari’s full speech (13,468 views) France wins 2018 World Cup Final (12,820 views)

 

SECTIONS EDITORIAL (11) NEWS (2,964) POLITICS (447) SOCIETY (118) SPORTS (28) BUSINESS (307) HEALTH (41) EDUCATION (32) ENTERTAINMENT (18) INTERNATIONAL (67) TECHNOLOGY (1) COLUMNISTS (0) LETTERS (1) OPINION (22)

 

 

Julius Agwu - Crazy Interview Demands