Court grants bail to 2 former NBA Chairmen accused of stealing N42m
AN Ikeja Special Offences Court on Thursday granted bail to two former Chairmen of Nigerian Bar Association(NBA), Ikeja, branch, Mr Adesina Ogunlana, Yinka Farounbi and also a former Financial Secretary of the association, Mrs Aderinola Kappo who were accused of stealing N42 million belonging to the association.
The defendants are facing a 30-count charge brought against them by the Economic and Financial Crimes Commission (EFCC).
They were each granted N500,000 by Justice Mojisola Dada.
The judge granted the defendants bail, after averring that the prosecution failed to prove that the defendants, especially the 1st defendant, tampered with prosecution witnesses.
The Judge also ruled said there was no proof that the defendants jumped administrative bail or that the 3rd defendant gave a fake address to the EFCC.
“The allegation that the third defendant jumped administrative bail.
“The defendants are granted bail in the sum of 500,000 with two sureties in like sum, one of whom must own a landed property within the jurisdiction of the court. The defendants shall remain on temporary bail pending the perfection of their bail within two weeks, failure of which they will be remanded in prison. “
Justice Mojisola Dada adjourned the matter to the 3rd, 9th and 10th of July for the commencement of trial.
According to parts of the charge, the EFCC alleged that the defendants on or about the 9th May 2018 converted to personal use. the sum N1.3m property of the Nigeria Bar Association Ikeja Branch.
The EFCC alleged that the money was paid into Ogunlana’s First Bonk No 2004528818 through Cheque No 10000204.
Another one of the counts accused the defendants of stealing without authorisation the sum of N400,000 property at the Nigeria Bar Association, Ikeja Branch.
They were also accused of dishonestly issuing Cheque No10000204 to themselves.
The trio, however, pleaded not guilty when all the charges were read to them.