A Federal High Court, Lagos, today, admitted bail to an auto dealer, Sarumi Samusideen Babafemi, alleged to be an agent to the fraud suspects named by the United State’s Federal Investigation Bureau (FBI), in the sum of N50 million with one surety in the like sum.
Sarumi and his company were arraigned before the court by the Economic and Financial Crimes Commission (EFCC) alongside his three companies on a five count-charge of transferring the said sums which were obtained under false pretence, to his principals.
The offences according to the prosecutor, Mr. Anzelem B. C. Ozioko, the EFCC Head of Legal Department, are contrary to 15(2)(b) of the Money Laundering (Prohibition) Act 2011(As Amended) and Punishable under section 15(3) of the Act. contrary to and punishable under
In the prove-of-evidence attached with the charge, the EFCC alleged that the defendant had carried out the illicit act through, Zenith Bank Plc, Guaranty Trust Bank (GTB) Plc and some other banks, as their officials will be called to testify against the defendant.
Upon his arraignment on Friday, Sarumi, had pleaded not guilty to all the counts of the charge and his counsel, Mr. Muiz Banire (SAN) through an application, urged the court to admit him to bail.
They were also alleged to have between 2015 and 2018 transferred the sum of N93 million to one Olanrewaju Ibrahim Oriyomi and the sum of N1.5 million to one Abiola Kayode Ayorinde (a.k.a ABK).
EFCC also alleged that the Sarumi and his companies between 2015 and 2018 transferred the sum of N25 million and N50 million to the dou of Bartholomew Oluchukwu Ezeudoko and Amobi Uchenna E.