EFCC Arraigns Bishop Oyedepo’s University Teacher Over N141.6m Fraud

Spread the love
A Senior IT lecturer at Bishop David Oyedepo’s Covenant University, Otta, Ogun State, Owolo Onorouiohene Dan, was today, arraigned before a Federal High Court, Lagos, on alleged fraud of N141. 632, 416.65 million.
Owolo was arraigned before the court presided over by Justice Saliu Saidu, by the Economic and Financial Crimes Commission (EFCC), on a three counts charge bordering on the alleged fraud.
EFCC in a charge marked FHC/L/202c/19, alleged that the defendant committed the offence between December, 2017 and March, 2019.
The charged which was filed by Rotimi Oyedepo stated that the defendant between July 10, 2018 and February 18, 2019,  retained the aggregate sum of N122,748 million in his Zenith bank account number 2213999627, the sum which he reasonable known to be proceeds of unlawful act.
He was also alleged to have between December 13, 2017 and March 25, 2019 retained the sum of N14709,552.65 million and N4, 176,864 million in his GTB and Ecobank accounts with numbers  0223905152 and 2261053189 belonging to him and one Adebayo Abimbola Oladayo.
The offence according to the prosecutor, Oyedepo is contrary to section 15 (2) (a)
of the Money Laundering Prohibition Act, 2011 as amended and punishable under section 15 (3) of the same Act.
The lecturer however pleaded not guilty to the charge.
Upon the defendant’s not guilty plea, Oyedepo asked the court for trial date, while also prayed the court to remand the defendant in prison custody pending the determination of the charge.
However, defendant’s lawyer, E. O. Binutu, while not opposing the trial date request of the prosecutor, begged for short date for hearing of the defendant’s bail application.
Following the lawyer’s plea, Justice Saidu adjourned the matter till July 3, for hearing of the defendant’s bail application, while ordered that the defendant be remanded in prison custody.
Count one of the charge against the defendant reads: that you Owolo  Onorouioghene Dan  between 10th day of July, 2018 and 18th day of February, 2019 in Lagos within the jurisdiction of this Honourable retained the aggregate sum of N122,748,000.00 (One Hundred and Twenty Two Million, Seven Hundred and Forty Eight Thousand Naira) in your Zenith Bank account No. 2213999627 which sum you reasonably ought to have known forms part of proceeds of your unlawful act to wit: stealing and you thereby committed an offence contrary to section 15 (2) (a) of the Money Laundering Prohibition Act, 2011 as amended and punishable under section 15 (3) of the same Act”.
Count two reads; “that you Owolo Onorouiohene Dan between 13th day of December 2017 and 18th day of October,2018 in Lagos within the jurisdiction of this Honourable retained the aggregate sum of N14, 709, 552.62 ( Fourteen Million, Seven Hundred and Nine Thousand, Five Hundred and Fifty Two Naira, Sixty Two Kobo) in your Eco Bank account No. 2261053189 which sum you reasonably ought to have known forms part of proceeds of your unlawful act to wit: stealing and you thereby committed an offence contrary to section 15 (2) (a) of the Money Laundering Prohibition Act, 2011 as amended and punishable under section 15 (3) of the same Act.
Count three reads: “that you Owolo  Onorouiohene Dan between 9th day of December, 2018 and 25th day of March, 2019 in Lagos within the jurisdiction of this Honourable transferred the aggregate sum of N4,176, 864.00 1 Four Million, One Hundred and Seventy Six Thousand, Eight Hundred and Sixty Four Naira) to GTB account No. 0223905152 of Adebayo Abimbola Oladayo which sum you reasonably ought to have known forms part of proceeds of your unlawful act to wit: stealing and you thereby committed an offence contrary to section 15 (2) (b) of the Money Laundering Prohibition Act,  2011 as amended and punishable under section 15 (3) of the same Act”.

Also Read

President Buhari Scores Self, Lists 17 Achievement... Amidst grim economic realities and uncertainty among the ordinary people of Nigeria, President Muhammadu Buhari has given himself a perk at the back a...
Saraki’s Trail Resumes At Code of Conduct Tr... The case against Senate President, Dr. Bukola Abubakar Saraki resumed for hearing at the Code of Conduct Tribunal on Monday after the judgement of Sup...
Barcelona Still Confident Of Signing Philippe Cout... Barcelona are increasingly confident they will be able to sign Philippe Coutinho from Liverpool - especially if Neymar leaves for Paris Saint-Germain,...
Nigerians Will Enjoy Dividends of Democracy by Jan... Following the level of progress of work and gradual implementation of carefully considered solutions by the Federal Government to holistically tackle ...
Ramaphosa Effect: South Africa’s Stocks, Currency ... South African stocks index rose as much as 5 percent on Thursday, putting the main index on track for its biggest one-day gain in more than three year...
POST RECOMMEND FOR YOU   Aurecon Engineer Elected into Emerging Water Leaders Steering Committee of International Water Association

About Paul Sanusi, Lagos

The Street Reporters Newspaper is Nigeria's fastest growing grassroots and national news portal, with ever increasing reading audience across global communities. Do you have Breaking News for us? Call/WhatsApp: +2348175047979 Email: news@streetreporters.ng Read Breaking News: www.StreetReporters.ng Follow Us On: Instagram: https://www.instagram.com/streetreporters/ Facebook: www.facebook.com/thestreetreporters/ Twitter: @StreetReporters Android APP: Play Store

Leave a Reply