FBI Probe: EFCC Arraigns Alleged Syndicates’ Agent Over N207m Fraud

          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), was today, arraigned before a Federal High Court, Lagos, over alleged N207.1 million fraud.
       Sarumi was arraigned before the court presided over by Justice Chukwujekwu Aneke, by the Economic and Financial Crimes Commission (EFCC) alongside his three companies; 606 Autos Limited, 606 Music Limited and Splash Off Entertainment Limited.
          Sarumi and his companies were charged on a five count-charge of transferring the said sums which were obtained under false pretence, to his principals.
          EFCC alleged that the defendant had used Guaranty Trust Bank (GTB) and other banks, to carry out the illicit act, this as the commission listed the bank in its prove-of-evidence before the court.
        In the charge marked FHC/L/374c/19, Sarumi also called 606, and his companies were alleges to have between 2013 and 2018 transferred the sum of N37.6 million to one  Omojadesola Shittu Allison.
       The defendants 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.
        The offences according to the prosecutor, Mr. Anzelem 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.
        The defendant and his companies have pleaded not guilty to the charge.
       Following the defendant’s not guilty plea, the prosecutor, Mr. Ozioko, urges tge court to remand Sarumi in prison custody, till the determination of the charge against him and his companies.
       But his legal team led by Mr. Muiz Banire (SAN) urged the court to grant their client bail in the most liberal term.
       The defence team told the court that the charge had been formerly struck out for lack of diligent prosecution.
           Responding, the EFCC counsel, Ozioko, through the agency’s counter affidavit stated that sometimes in 2017, the commission got an intelligence report from the Federal Bureau of Investigation (FBI) that the defendant, Sarumi Samsideen Babafemi was the head of a syndicate of money launderers and other alleged criminal activities.

    Ozioko added that based on the report the defendant was was placed under surveillance until the EFCC had sufficient information concerning him consequent upon which a raid was conducted at number 57 Awolowo Road, Ikoyi Lagos where he was arrested along with his alleged syndicate members.

         The prosecutor further stated that upon the defendant’s arrest, he volunteered his extra-judicial statements  wherein he tried in vain to explain the numerous suspicious transactions involving him and other suspects who have been under the EFCC investigation.

          That during investigation it was revealed that the defendant was working in concert with the likes of RIdwan Momodu Allison (aka Osama),  Omojadesola Shittu Allison, Olanrewaju Ibrahim Oriyomi, Abiola Kayode Ayorinde (aka ABK), Batholomew Oluchukwu and Amobi Uchenna .E. whose names featured prominently in the FBI investigation tagged operation wire wire.

          The prosecutor states that the defendant also has another criminal matter pending before Justice (Prof) Chuka Obiozor in another criminal matter number FHC/L/144C/2019 and that one of the members of the alleged criminal scheme has been convicted by Justice Liman in Charge number FHC/L/94/2019 for transaction with the defendant without proper identification of the defendant and other customers.

Ozioko told the court that defendant upon his arrest was initially admitted to administrative bail by the commission and he absconded and was never reached and that was why he was re-arrested and his bail revoked and was further detained. Adding that his international passport, was collected from him after he was re-arrested so that he will not abscond again.
      Ozioko urged the court not to grant the bail application as the defendant is ‘a flight risk’, who will not come for his trial, and may likely interfere with investigation if he is grated bail.
Justice Aneke, after taken argument on this defendant’s bail application, adjourned till Monday, November 4, for ruling.

About Paul Sanusi, Lagos

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