N1.4bn Fraud: EFCC Arraigns NBA President, Paul Usoro, Gets N250m Bail

Spread the love
The Econimic and Financial Crimes Commission (EFCC), today, arraigned the President of the Nigerian Bar Association, (NBA) Paul Usoro (SAN), before a Federal High Court, Lagos, on a 10 count-charge bordering on N1.4 billion fraud.
Usoro (SAN) was arraigned before Justice Sule Hassan led-court on the alleged offences.
He had pleaded not guilty to the charges.
Also named in the charge against the NBA president, is the incumbent governor of Akwa Ibom, Emmanuel Udom, who is described in the charge as  being “currently constitutionally immune from prosecution”, the Akwa Ibom State’s Commissioner for Finance, Accountant-General and Attorney-General, Nsikan Nkan; Mfon Udomah, Uwemedimo Nwoko and Margaret Ukpe respectively, who were said to be at large.
On Tuesday, when the matter came up for Usoro’s arraignment, the prosecutor, Mr Rotimi Oyedepo informed the court that his agency have a 10 count-charge against the NBA president, and same had been successful served on the defendant.
He urges the court to allow the charge to be read to the defendant for his plea to be taken.
Usoro’s Lawyers led by Chief Wole Olanipekun (SAN), confirmed the service of the charge. He however told the court that after it had directed that the accused be served with the charge at the last adjourned date, the accused was asked to report to the commission’s office for service.
He said that there, at the EFCC office, Usoro was kept for two hours before the charge was handed to him, while he acknowledged same, adding that he was kept at the EFCC for another two hours.
He told the court that the EFCC had earlier informed the accused that he will be detained, but eventually let him go.
Olanipekun (SAN) then informed the court that the team of defence counsel has been informed that there is already a letter written to the Chief Judge of the court, seeking a transfer of the case to Uyo, Abuja or any other jurisdiction of the court, apart from him, (Justice Hassan).
Based on parity of reasoning and citing divers judicial and statutory authorities, Olanipekun, urged the court to await the decision of the CJ, rather than proceeding with arraignment.
In response, the prosecutor, argued that the matter was adjourned until Tuesday (today) for arraignment of the accused, adding that there is nothing before the court that can be construed as setting aside that purpose.
Referring to provisions of the Administration of Criminal Justice Act (ACJA), Oyedepo said that objections can only be raised after the plea of the accused had been taken.
According to him, section 9 governs the place of trial and enquiry, and requires that the charge be filed in the jurisdiction where the alleged offence took place.
He argued that sufficient facts which would lead to a transfer of the case to Uyo or Abuja, were not available.
Besides, he argued that apart from the letter to the CJ, there was no formal application before the court seeking a recuse, adding that the prosecution was entitled to join issues on same.
He urged the court to proceed with arraignment.
In a bench ruling, Justice Hassan held: “I have listened vehemently, to the submissions of counsel, and I have also read the letter written to the CJ.
“”The issue in view is narrowed down to whether the defendant can take his plea in the circumstance,”
The court held that although it is not in dispute that the CJ reserved the right to transfer cases, the instant case was already assigned to his court.
He added that it is a rule, that even where such application for transfer exists, the trial judge should continue with hearing of the case, pending any contrary decision.
The court, consequently, called on the accused to take his plea on the charge.
Usoro pleaded not guilty to the charges.
After his plea, Olanipekun moved a bail application on behalf of the accused, urging the court to admit him to bail on liberal terms of self recognizance as President of the NBA.
Besides, he added that the International passport of the accused be deposited with the court as a measure, adding that he will apply for same whenever the need arises.
The prosecutor did not oppose the application, but left same at the discretion of the court.
However, the court admitted Usoro to bail in the sum of N250 million, with one surety in like sum.
The court added that the surety must be owner of a landed property within the court’s jurisdiction, or a civil servant not lower than the rank of a Director in the Federal or State civil service.
The court ordered that the accused’s international passport also be deposited with the Court’s Deputy Chief Registrar (DCR), which will be verified if genuine.
The court then ordered that Usoro be handed over to a counsel of the inner bar, Mr E.B Effiong (SAN), pending perfection of his bail terms.
He adjourned the case until February 5, March 5, and March 6, 2019 for trial.
In the charge marked FHC/418c/18, the anti graft agency alleged that the accused committed the offence on May 14, 2016.
The commission alleged that Usoro, conspired with others, to commit the offence within the jurisdiction of the court.
He was alleged to have conspired to convert the sum of N1.4 billion, property of Akwa Ibom State Government, which sum they reasonably ought to have known formed part of the proceeds of an unlawful activity
The prosecution said that the unlawful activity include criminal breach of trust which contravenes the provisions of section 15 (2), 15(3), and 18 (A) of the Money Laundering (Prohibition) Act, 2011.

Also Read

NDLEA Gets Court Nod To Sell Abandoned Vehicles Lo... A Federal High Court, Lagos, today, granted a motion exparte filed by the National Drug Law Enforcement Agency (NDLEA), seeking the forfei...
Multimillion Fraud: NEXIM Bank Testifies Against S... A staff of Nigerian Export Import Bank, Murtala Abubakar, today, told a Federal High Court, Lagos, how Senator Peter Nwaoboshi, took loan from the b...
 ‘Company Director’ Faces Trial For Th... A self-acclaimed company director, Julius Ayemere, has been arraigned before an Igbosere Chief Magistrate's Court, Lagos, on alleged threat to life of...
Dasuki, Yuguda, Bafarawa Arraigned on Fresh Corrup... The Economic and Financial Crimes Commission (EFCC) on Tuesday arraigned ex-National Security Adviser (NSA) Sambo Dasuki, former Minister of State for...
Court Postpones Dasuki’s Trial Again The trial of a former National Security Adviser, Col. Sambo Dasuki (Rtd), who is accused of money laundering, to the tune of N19 billion was postponed...

POST RECOMMEND FOR YOU   Court Orders 3 Banks To Freeze Suspected Fraudster's Accounts

Leave a Reply

Your email address will not be published. Required fields are marked *

Inline
Inline