EFCC arraigns man for N3m fraud

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The Economic and Financial Crimes Commission (EFCC) has arraigned one Ibraheem Adesina Adeyemi before Justice Ladiran Akintola of the Oyo State High Court sitting in Ibadan on a one-count charge of fraud.

Adeyemi was arraigned by the Ibadan Zonal Office of the commission on Monday.

Adeyemi who pleaded not guilty was alleged to have converted N3,000,000 given to him for keep by one Alhaji Kamoru Atilola for personal use.

The offence, according the charge, is contrary to Section 390 (9) of the Criminal Code Cap. 38, Vol.2, Laws of Oyo State, 2000.

Consequent upon his plea, counsel for the EFCC, Sanusi Galadanchi, applied for a trial date.

Defence counsel, Bolarinwa Lawal, however, moved the bail application of his client.

Justice Akintola, thereafter, granted him bail in the sum of N2 million and two sureties in like sum, who must be resident within the jurisdiction of the court, and must present three years Tax Clearance Certificates to be verified by the court.

The case has been adjourned to April 15, 2019.

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