Metro

Alleged N6.2m investment fraud: Court refuses to admit businessman to bail

JUSTICE Angela Otaluka of an FCT High Court Apo, on Tuesday, refused to grant an oral application for bail for a businessman, Ode Aimeghonwan, charged with alleged N6.2 million investment fraud.

Otaluka, therefore, ordered that Aimeghowan be remanded in Kuje prison, pending a written bail application for the defendant.

She adjourned the case until May 21, for the hearing of the bail application.

The Economic and Financial Crimes Commission (EFCC) arraigned the defendant, owner of Viscount Multipurpose co-operative society on criminal breach of trust.

The EFCC Counsel, Fatima Gwaram, told the court that the defendant committed the alleged offence on Dec. 30, 2016.

ALSO READ: Presidential Election Tribunal: PDP staff stage peaceful protest in…

Gwaram told the court that the offence contravened the provisions of Section 312 of the penal code law.

The defendant, however, pleaded not guilty to the charge.

Oluwatosin Ojaomo, counsel to the defendant, told the court that the defendant was not given enough time to prepare for the trial as he was not served on time.

Ojaomo made an oral application for bail on the basis that the defendant was brought for trial from EFCC custody.

Gwaram counsel to EFCC, however, objected to the bail application and prayed the court to remand the defendant in EFCC custody.

S-Davies Wande

Recent Posts

JAMB: Mass failure, evidence of exams insulation from cheating — Education Minister

“JAMB is a clean exam now, almost 100% thought-free. The pervasive cheating in NECO and…

3 minutes ago

Administer justice without fear, favour, CJN charges new judges

The Chief Justice of Nigeria (CJN), Justice Kudirat Kekere-Ekun has charged the newly appointed Judges…

25 minutes ago

Stop distracting Tinubu, Activist warns political jobbers

Niger Delta-born human rights activist and development advocate, Comrade Mulade Sheriff, has called on political…

36 minutes ago

ITUC-Africa tasks African leaders on peace, citizen-centered industrialisation

“The fate of our continent cannot be left to chance or the whims of unaccountable…

1 hour ago

Tinubu commends ex-NSITF MD, Somefun, for outstanding performance

In a remarkable affirmation of integrity, transparency, and transformative leadership, the Federal Government has commended…

1 hour ago

NiMet predicts three-day thunderstorms, haziness from Tuesday

“Stay away from tall trees to avoid impact from falling branches and broken trees. Airline…

2 hours ago

Welcome

Install

This website uses cookies.