Wednesday, 29 June 2016

EX CHIEF OF AIR STAFF. AMOSU ARRAIGNED OVER 49 BILLION NAIRA FRAUD

Former Chief of Air Staff Air Marshal Adesola Amosu Nunayon (Rtd) and two other Air Force General, Air Vice Marshal Jacob Bola Adigun and Air Commodore Gbadebo Owodunni Olugbenga and seven Limited Liability Companies were today arraigned before a Federal high court Lagos south west Nigeria over alleged offences of conspiracy and fraudulent conversion of N49.2 billion.
The eight liability companies arraigned alongside the accused Air force Generals are:
Delfina Oil And Gas Ltd
Mcallan Oil And Gas Ltd
Hebron Housing And Properties Company Ltd
Trapezites Bdc
Fonds And Pricey Ltd
Deegee Oil And Gas Ltd
Timsegg Investment Ltd
Solomon Health Care Ltd
The 26,count criminal charge number FHC/L/280C /2016 filed before the court by Economic and Financial Crime Commission Mr Rotimi Oyedepo stated thus:
COUNT ONEThat you, Air Marshal Adesola Amosu Nunayon (Rtd), Air Vice Marshal Jacob Bola Adigun, Air Commodore Gbadebo Owodunni Olugbenga, Delfina Oil And Gas Ltd, Mcallan Oil And Gas Ltd, Hebron Housing And Properties Company Ltd, Trapezites Bdc, Fonds And Pricey Ltd,Deegee Oil And Gas Ltd, Timsegg Investment Ltd And Solomon Health Care Ltd on or about the 5th day of March, 2014 in Lagos, within the jurisdiction of this Honourable Court conspired amongst yourselves to commit an offence, to wit: Conversion of the sum of N21,467,634,707.43 (Twenty One Billion, Four Hundred and Sixty Seven Million, Six Hundred and Thirty Four Thousand, Seven Hundred and Seven Naira, Forty Three Kobo), property of the Nigerian Air Force, which sum was derived from stealing, and thereby committed an offence contrary to Section 18(a) of the Money Laundering (Prohibition) (Amendment) Act, 2012 and punishable  under Section 15(3) of the same Act.
COUNT TWO That you, Air Marshal Adesola Amosu Nunayon (Rtd), Air Vice Marshal Jacob Bola Adigun, Air Commodore Gbadebo Owodunni Olugbenga, Delfina Oil And Gas Ltd, Mcallan Oil And Gas Ltd, Hebron Housing And Properties Company Ltd, Trapezites Bdc, Fonds And Pricey Ltd,Deegee Oil And Gas Ltd, Timsegg Investment Ltd And Solomon Health Care Ltd on or about the 5th day of March, 2014 in Lagos, within the jurisdiction of this Honourable Court conspired amongst yourselves to commit an offence, to wit: Concealing the proceeds of crime in the sum of N21,467,634,707.43 (Twenty One Billion, Four Hundred and Sixty Seven Million, Six Hundred and Thirty Four Thousand, Seven Hundred and Seven Naira, Forty Three Kobo), and you thereby committed an offence contrary to Section 18(a) of the Money Laundering (Prohibition) (Amendment) Act, 2012 and punishable  under Section 17(a) of the same Act.
COUNT THREE That you, Air Marshal Adesola Amosu Nunayon (Rtd), Air Vice Marshal Jacob Bola Adigun, Air Commodore Gbadebo Owodunni Olugbenga, Delfina Oil And Gas Ltd And  Mcallan Oil And Gas Ltd between the 2nd and 4th day of September, 2014 in Lagos, within the jurisdiction of this Honourable Court indirectly converted through  Rite Options Oil and Gas Ltd and Juda Oil Ltd the sum of N1,000,000,000.00 (One Billion Naira), property of the Nigerian Air Force which sum your reasonably ought to have known forms part of the proceeds of an unlawful act, to wit: stealing and thereby committed an offence contrary to Section 15(1) of the Money Laundering (Prohibition) (Amendment) Act, 2012 and punishable  under Section 15(3) of the same Act.
COUNT FOUR That you, Air Marshal Adesola Amosu Nunayon (Rtd), Air Vice Marshal Jacob Bola Adigun, Air Commodore Gbadebo Owodunni Olugbenga, Delfina Oil And Gas Ltd And  Mcallan Oil And Gas Ltd between the 16th and 17th day of September, 2014 in Lagos, within the jurisdiction of this Honourable Court indirectly converted the sum of N1,000,000,000.00 (One Billion Naira), property of the Nigerian Air Force which sum your reasonably ought to have known forms part of the proceeds of an unlawful act, to wit: stealing and thereby committed an offence contrary to Section 15(1) of the Money Laundering (Prohibition) (Amendment) Act, 2012 and punishable  under Section 15(3) of the same Act.
COUNT FIVEThat you, Air Marshal Adesola Amosu Nunayon (Rtd), Air Vice Marshal Jacob Bola Adigun, Air Commodore Gbadebo Owodunni Olugbenga, Delfina Oil And Gas Ltd, Mcallan Oil And Gas Ltd, Hebron Housing And Properties Company Ltd, Trapezites Bdc, Fonds And Pricey Ltd,Deegee Oil And Gas Ltd, Timsegg Investment Ltd And Solomon Health Care Ltd between the 23rd and 24th day of September, 2014 in Lagos, within the jurisdiction of this Honourable Court indirectly converted the sum of N976,000,000.00 (Nine Hundred and Seventy Six Million Naira), property of the Nigerian Air Force which sum your reasonably ought to have known forms part of the proceeds of an unlawful act, to wit: stealing and thereby committed an offence contrary to Section 15(1) of the Money Laundering (Prohibition) (Amendment) Act, 2012 and punishable  under Section 15(3) of the same Act.
COUNT SIXThat you, Air Marshal Adesola Amosu Nunayon (Rtd), Air Vice Marshal Jacob Bola Adigun, Air Commodore Gbadebo Owodunni Olugbenga, Delfina Oil And Gas Ltd, Mcallan Oil And Gas Ltd, Hebron Housing And Properties Company Ltd, Trapezites Bdc, Fonds And Pricey Ltd,Deegee Oil And Gas Ltd, Timsegg Investment Ltd And Solomon Health Care Ltd between the 5th day of May,2014 and 4th day of May,2015 in Lagos, within the jurisdiction of this Honourable Court indirectly converted the sum of N5,291,306,950.28 (Five Billion, Two Hundred and Ninety One Million, Three Hundred and Six Thousand, Nine Hundred and Fifty Naira, Twenty Eight Kobo), property of the Nigerian Air Force which sum your reasonably ought to have known forms part of the proceeds of an unlawful act, to wit: stealing and thereby committed an offence contrary to Section 15(1) of the Money Laundering (Prohibition) (Amendment) Act, 2012 and punishable  under Section 15(3) of the same Act.
COUNT SEVEN That you, Air Marshal Adesola Amosu Nunayon (Rtd), Air Vice Marshal Jacob Bola Adigun, Air Commodore Gbadebo Owodunni Olugbenga, Delfina Oil And Gas Ltd, Mcallan Oil And Gas Ltd, Hebron Housing And Properties Company Ltd, Trapezites Bdc, Fonds And Pricey Ltd,Deegee Oil And Gas Ltd, Timsegg Investment Ltd And Solomon Health Care Ltd between the 20th day of May and 3rd day of July,2015 in Lagos, within the jurisdiction of this Honourable Court indirectly converted the sum of N672,702,307.98 (Six Hundred and Seventy Two Million, Seven Hundred and Two Thousand, Three Hundred and Seven Naira, Ninety Eight Kobo), property of the Nigerian Air Force which sum your reasonably ought to have known forms part of the proceeds of an unlawful act, to wit: stealing and thereby committed an offence contrary to Section 15(1) of the Money Laundering (Prohibition) (Amendment) Act, 2012 and punishable  under Section 15(3) of the same Act.
COUNT EIGHT  That you, Air Marshal Adesola Amosu Nunayon (Rtd), Air Vice Marshal Jacob Bola Adigun, Air Commodore Gbadebo Owodunni Olugbenga, Delfina Oil And Gas Ltd, Mcallan Oil And Gas Ltd, Hebron Housing And Properties Company Ltd, Trapezites Bdc, Fonds And Pricey Ltd,Deegee Oil And Gas Ltd, Timsegg Investment Ltd And Solomon Health Care Ltd between the 5th day of May,2014 and 4th day of May,2015 in Lagos, within the jurisdiction of this Honourable Court indirectly converted the sum of N5, 424,159,050.89 (Five Billion, Four Hundred and Twenty Four Million, One Hundred and Fifty Nine Thousand, Fifty Naira and Eight Nine Kobo), property of the Nigerian Air Force which sum your reasonably ought to have known forms part of the proceeds of an unlawful act, to wit: stealing and thereby committed an offence contrary to Section 15(1) of the Money Laundering (Prohibition) (Amendment) Act, 2012 and punishable  under Section 15(3) of the same Act.
COUNT NINE That you, Air Marshal Adesola Amosu Nunayon (Rtd), Air Vice Marshal Jacob Bola Adigun, Air Commodore Gbadebo Owodunni Olugbenga, Delfina Oil And Gas Ltd, Mcallan Oil And Gas Ltd, Hebron Housing And Properties Company Ltd, Trapezites Bdc, Fonds And Pricey Ltd,Deegee Oil And Gas Ltd, Timsegg Investment Ltd And Solomon Health Care Ltd between the 20th day of May and 3rd day of July, 2015 in Lagos, within the jurisdiction of this Honourable Court indirectly converted the sum of N749,844,792.82 (Seven and Forty Nine Million, Eight Hundred Forty and Four Thousand, Seven Hundred and Ninety Naira, Eighty Two Kobo), property of the Nigerian Air Force which sum your reasonably ought to have known forms part of the proceeds of an unlawful act, to wit: stealing and thereby committed an offence contrary to Section 15(1) of the Money Laundering (Prohibition) (Amendment) Act, 2012 and punishable  under Section 15(3) of the same Act.
COUNT TEN That you, Air Marshal Adesola Amosu Nunayon (Rtd), Air Vice Marshal Jacob Bola Adigun, Air Commodore Gbadebo Owodunni Olugbenga, Delfina Oil And Gas Ltd, Mcallan Oil And Gas Ltd, Hebron Housing And Properties Company Ltd, Trapezites Bdc, Fonds And Pricey Ltd, Deegee Oil And Gas Ltd, Timsegg Investment Ltd And Solomon Health Care Ltd between the 10th day of September,2014 and 17th  day of June, 2015 in Lagos, within the jurisdiction of this Honourable Court indirectly converted the sum of N3,604,557,608.20 (Three Billion, Six Hundred and Four Million, Five Hundred and Fifty Seven Thousand, Six Hundred and Eight Naira and Twenty Kobo), property of the Nigerian Air Force which sum your reasonably ought to have known forms part of the proceeds of an unlawful act, to wit: stealing and thereby committed an offence contrary to Section 15(1) of the Money Laundering (Prohibition) (Amendment) Act, 2012 and punishable  under Section 15(3) of the same Act.
COUNT ELEVEN That you, Air Marshal Adesola Amosu Nunayon (Rtd), Air Vice Marshal Jacob Bola Adigun, Air Commodore Gbadebo Owodunni Olugbenga, Delfina Oil And Gas Ltd, Mcallan Oil And Gas Ltd, Hebron Housing And Properties Company Ltd, Trapezites Bdc, Fonds And Pricey Ltd,Deegee Oil And Gas Ltd, Timsegg Investment Ltd And Solomon Health Care Ltd between the 5th day of March and 17th day of December,2014 in Lagos, within the jurisdiction of this Honourable Court indirectly converted the sum of N615,994,818.22 (Six Hundred and Fifteen Million, Nine Hundred and Ninety Four Thousand, Eight Hundred and Eighteen Naira and Twenty Two Kobo), property of the Nigerian Air Force which sum your reasonably ought to have known forms part of the proceeds of an unlawful act, to wit: stealing and thereby committed an offence contrary to Section 15(1) of the Money Laundering (Prohibition) (Amendment) Act, 2012 and punishable under Section 15(3) of the same Act.
COUNT TWELVEThat you, Air Marshal Adesola Amosu Nunayon (Rtd), Air Vice Marshal Jacob Bola Adigun, Air Commodore Gbadebo Owodunni Olugbenga, Delfina Oil And Gas Ltd, Mcallan Oil And Gas Ltd, Hebron Housing And Properties Company Ltd, Trapezites Bdc, Fonds And Pricey Ltd,Deegee Oil And Gas Ltd, Timsegg Investment Ltd And Solomon Health Care Ltd between the 5th day of February and 7th day of April,2015 in Lagos, within the jurisdiction of this Honourable Court indirectly converted the sum of N160,254,738.07 (One Hundred and Sixty Million, Two Hundred and Fifty Four Thousand, Seven Hundred and Thirty Eight Naira and Seven Kobo), property of the Nigerian Air Force which sum your reasonably ought to have known forms part of the proceeds of an unlawful act, to wit: stealing and thereby committed an offence contrary to Section 15(1) of the Money Laundering (Prohibition) (Amendment) Act, 2012 and punishable  under Section 15(3) of the same Act.
COUNT THIRTEEN That you, Air Marshal Adesola Amosu Nunayon (Rtd), Air Vice Marshal Jacob Bola Adigun, Air Commodore Gbadebo Owodunni Olugbenga,Deegee Oil And Gas Ltd And Timsegg Investment Ltd between the 19th day of November,2014 and 7th day of August,2015 in Lagos, within the jurisdiction of this Honourable Court indirectly converted the sum of N257,236,968.86 (Two Hundred and Fifty Seven Million, Two Hundred and Thirty Six Thousand, Nine Hundred and Sixty Eight Naira and Eighty Six Kobo), property of the Nigerian Air Force which sum your reasonably ought to have known forms part of the proceeds of an unlawful act, to wit: stealing and thereby committed an offence contrary to Section 15(1) of the Money Laundering (Prohibition) (Amendment) Act, 2012 and punishable  under Section 15(3) of the same Act.
COUNT FOURTEEN  That you, Air Marshal Adesola Amosu Nunayon (Rtd), Air Vice Marshal Jacob Bola Adigun, Air Commodore Gbadebo Owodunni Olugbenga,Deegee Oil And Gas Ltd And Timsegg Investment Ltd between the 30th day of October,2014 and 4th day of August,2015 in Lagos, within the jurisdiction of this Honourable Court indirectly converted the sum of N828,685,616.34 (Eight Hundred and Twenty Eight Million, Six Hundred and Eighty Five Thousand, Six Hundred and Sixteen  Naira and Thirty Four Kobo), property of the Nigerian Air Force which sum your reasonably ought to have known forms part of the proceeds of an unlawful act, to wit: stealing and thereby committed an offence contrary to Section 15(1) of the Money Laundering (Prohibition) (Amendment) Act, 2012 and punishable  under Section 15(3) of the same Act.
COUNT FIFTEEN  That you, Air Marshal Adesola Amosu Nunayon (Rtd), Air Vice Marshal Jacob Bola Adigun, Air Commodore Gbadebo Owodunni Olugbenga, Delfina Oil And Gas Ltd, Mcallan Oil And Gas Ltd, Hebron Housing And Properties Company Ltd, Trapezites Bdc, Fonds And Pricey Ltd And Solomon Health Care Ltd between the 11th day of June,2014 and 1st day of June,2015 in Lagos, within the jurisdiction of this Honourable Court indirectly converted the sum of N645,051,641.00 (Six Hundred and Forty Five Million, Fifty One Thousand, Six Hundred and Forty One  Naira), property of the Nigerian Air Force which sum your reasonably ought to have known forms part of the proceeds of an unlawful act, to wit: stealing and thereby committed an offence contrary to Section 15(1) of the Money Laundering (Prohibition) (Amendment) Act, 2012 and punishable  under Section 15(3) of the same Act.
COUNT SIXTEEN   That you, Air Marshal Adesola Amosu Nunayon (Rtd) And Air Vice Marshal Jacob Bola Adigun between the 17th day of July and 16th day of September,2014 in Lagos, within the jurisdiction of this Honourable Court, did use the pounds sterling equivalent of the sum of N663, 443,291 (Six Hundred and Sixty Three Million, Four Hundred and Forty Three Thousand, Two Hundred Ninety One Naira) removed from the accounts of the Nigerian Air Force to purchase for yourselves two properties  situate at  No. 50-52 Tenterden Grove, London (NW4 1TH) and No. 93B SHIREHALL PARK, LondonNW4 2QU, United Kingdom which sum you reasonably ought to have known forms part of the proceeds of an unlawful act, to wit: stealing and thereby committed an offence contrary to Section 15(1) of the Money Laundering (Prohibition) (Amendment) Act, 2012 and punishable  under Section 15(3) of the same Act.
COUNT SEVENTEEN   That you, Air Marshal Adesola Amosu Nunayon (Rtd) And Air Vice Marshal Jacob Bola Adigun on or about the 2nd day of February,2015 in Lagos, within the jurisdiction of this Honourable Court, did use the sum of N900,020,000.00 (Nine Hundred Million, Twenty Thousand Naira) removed from the accounts of the Nigerian Air Force to purchase for yourselves a property  situate at  No. 40A, Bourdillon, Ikoyi, Lagos which sum you reasonably ought to have known forms part of the proceeds of an unlawful act, to wit: stealing and thereby committed an offence contrary to Section 15(1) of the Money Laundering (Prohibition) (Amendment) Act, 2012 and punishable  under Section 15(3) of the same Act.
COUNT EIGHTEEN    That you, Air Marshal Adesola Amosu Nunayon (Rtd) And Air Vice Marshal Jacob Bola Adigun on or about the 29th day of January,2015 in Lagos, within the jurisdiction of this Honourable Court, did use the sum of N1,565,000,000.00 (One Billion, Five and Sixty Five Million, Naira) removed from the accounts of the Nigerian Air Force to purchase for yourselves a property  situate at  Sinari Daranijo Victoria Island Lagos, which sum you reasonably ought to have known forms part of the proceeds of an unlawful act, to wit: stealing and thereby committed an offence contrary to Section 15(1) of the Money Laundering (Prohibition) (Amendment) Act, 2012 and punishable  under Section 15(3) of the same Act.
COUNT NINETEEN    That you, Air Marshal Adesola Amosu Nunayon (Rtd) And Air Vice Marshal Jacob Bola Adigun on or about the 10th day of December,2014 in Lagos, within the jurisdiction of this Honourable Court, did use the sum of N750,000,000.00 (Seven Hundred and Fifty Million, Naira) removed from the accounts of the Nigerian Air Force to purchase for yourselves a property  known as CAPPADOL MALL situate at Adetokunbo Ademola Street, Wuse II Abuja, which sum you reasonably ought to have known forms part of the proceeds of an unlawful act, to wit: stealing and thereby committed an offence contrary to Section 15(1) of the Money Laundering (Prohibition) (Amendment) Act, 2012 and punishable  under Section 15(3) of the same Act.
COUNT TWENTY   That you, Air Marshal Adesola Amosu Nunayon (Rtd) And Air Vice Marshal Jacob Bola Adigun between the 8th day of January and 13th day of April,2015 in Lagos, within the jurisdiction of this Honourable Court, did use the sum of N1,701,400,570.00 (One Billion, Seven Hundred and One Million, Four Hundred Thousand, Five Hundred and Seventy Naira) removed from the accounts of the Nigerian Air Force to purchase for yourselves a property situate at Agobogba Street, Parkview, Ikoyi Lagos, which sum you reasonably ought to have known forms part of the proceeds of an unlawful act, to wit: stealing and thereby committed an offence contrary to Section 15(1) of the Money Laundering (Prohibition) (Amendment) Act, 2012 and punishable  under Section 15(3) of the same Act.
COUNT TWENTY ONE   That you, Air Marshal Adesola Amosu Nunayon (Rtd) And Air Vice Marshal Jacob Bola Adigun between the 5th day of August,2014 and 25th day of May,2015, in Lagos within the jurisdiction of this Honourable Court, did use the sum of N446,447,935.9 (Four Hundred and Forty Six Million, Four Hundred and Forty Seven Thousand, Nine Hundred and Thirty Five Naira and Nine Kobo) removed from the accounts of the Nigerian Air Force to purchase for yourselves a property situate at Salt Lake Street, Maitama, Abuja, which sum you reasonably ought to have known forms part of the proceeds of an unlawful act, to wit: stealing and thereby committed an offence contrary to Section 15(1) of the Money Laundering (Prohibition) (Amendment) Act, 2012 and punishable  under Section 15(3) of the same Act.
COUNT TWENTY TWO   That you, Air Marshal Adesola Amosu Nunayon (Rtd) And Air Vice Marshal Jacob Bola Adigun between the 12th day of March and 25th day of May 2015, in Lagos within the jurisdiction of this Honourable Court, did use the sum of N370,214,423.00 (Three Hundred and Seventy Million, Two Hundred and Fourteen Thousand, Four Hundred and Twenty Three Naira) removed from the accounts of the Nigerian Air Force to purchase for yourselves a property situate at Agadez Street off Aminu Kano Crescent, Abuja, which sum you reasonably ought to have known forms part of the proceeds of an unlawful act, to wit: stealing and thereby committed an offence contrary to Section 15(1) of the Money Laundering (Prohibition) (Amendment) Act, 2012 and punishable  under Section 15(3) of the same Act.
COUNT TWENTY THREE  That you, Air Marshal Adesola Amosu Nunayon (Rtd) And Air Vice Marshal Jacob Bola Adigun between the 3rd day of December,2014 and 11th day of March, 2015, within the jurisdiction of this Honourable Court, did use the sum of N241,455,000 (Two Hundred and Forty One Million, Four Hundred and Fifty Five Thousand, Naira) removed from the accounts of the Nigerian Air Force to purchase for yourselves a property situate at No. 61A, Lake Chad Street, Maitama, Abuja, which sum you reasonably ought to have known forms part of the proceeds of an unlawful act, to wit: stealing and thereby committed an offence contrary to Section 15(1) of the Money Laundering (Prohibition) (Amendment) Act, 2012 and punishable  under Section 15(3) of the same Act.
COUNT TWENTY FOUR  That you, Air Marshal Adesola Amosu Nunayon (Rtd) And Air Vice Marshal Jacob Bola Adigun between the 21st day of March,2014 and 12th day of March, 2015, within the jurisdiction of this Honourable Court, did use the sum of N323,319,283.81 (Three Hundred and Twenty Three Million, Three Hundred and Nineteen Thousand, Two Hundred and Eighty Three Naira, Eighty One Kobo) removed from the accounts of the Nigerian Air Force to purchase for yourselves a property situate at No.1, River Street, Wuse II Abuja, which sum you reasonably ought to have known forms part of the proceeds of an unlawful act, to wit: stealing and thereby committed an offence contrary to Section 15(1) of the Money Laundering (Prohibition) (Amendment) Act, 2012 and punishable  under Section 15(3) of the same Act.
COUNT TWENTY FIVE  That you, Air Marshal Adesola Amosu Nunayon (Rtd) And Air Vice Marshal Jacob Bola Adigun between the 3rd day of March,2014 and 12th day of March, 2015, within the jurisdiction of this Honourable Court, did use the sum of N202,920,200.00 (Two Hundred and Two Million, Nine Hundred and Twenty Thousand, Two Hundred Naira.) removed from the accounts of the Nigerian Air Force to purchase for yourselves a property situate at No.1, River Street, Wuse II Abuja, which sum you reasonably ought to have known forms part of the proceeds of an unlawful act, to wit: stealing and thereby committed an offence contrary to Section 15(1) of the Money Laundering (Prohibition) (Amendment) Act, 2012 and punishable  under Section 15(3) of the same Act.
COUNT TWENTY SIX  That you, Air Marshal Adesola Amosu Nunayon (Rtd) And Air Vice Marshal Jacob Bola Adigun between the 6th day of March and 30th day of April,2015, in Lagos, within the jurisdiction of this Honourable Court, did use the sum of N428,139,539.00 (Four Hundred and Twenty Eight Million, One Hundred and Thirty Nine Thousand, Five Hundred and Thirty Nine Naira) removed from the accounts of the Nigerian Air Force to renovate and purchase medical equipment for your Solomon HealthCare Ltd situate at 24th Adeniyi Jones Street, Ikeja Lagos, which sum you reasonably ought to have known forms part of the proceeds of an unlawful act, to wit: stealing and thereby committed an offence contrary to Section 15(1) of the Money Laundering (Prohibition) (Amendment) Act, 2012 and punishable  under Section 15(3) of the same Act.
All the accused persons pleaded not guilty to all the charges, thereafter the EFCC Prosecutor urged the court to fix trial date and remand the accused persons in prison custody.
However Chief Bolaji Ayorinde SAN  representing Amosu and the 11th accused company told the court that he has filed bail application on behalf of the two accused and same served on the prosecutor, he further told the court that Amosu  has refunded colossal sum of money and base on this scenario he  should be granted bail on self recognition.
Messers Norrison Quakers SAN and Kemi Balogun SAN leading nine other lawyers appearing for other accused  persons while aligning themselves with the submission of Chief Ayorinde told the court that they have equally filed bail application on behalf of other accused persons and urged the court to admit the accused persons to bail on liberal terms.
Mr Oyedepo while not opposing their bail application urged the court to impose bail condition that will enable the accused persons to attend trial.

In his ruling, the presiding Judge, Mohammed Idris said in view of the prosecutor not opposing  the bail application of the accused persons, the accused persons were granted bail in the sum of N500million each with two sureties in like sum the sureties must be a landed property owner with the jurisdiction of the court,the title documents of such land should be verified by EFCC and should be deposited with the court registrar, the sureties must also swear to affidavit of means which must also be verified by EFCC. The accused were also ordered to deposit their international passports with the court registrar, the accused are to be remanded in prison custody with the exception of Air Vice Marshall Jacob Bola Adigun who is to be remanded in EFCC custody because of his health challenges, thereafter the case was adjourned till July 8,2016 for trial to commence.

Credit - News Agency of Nigeria 

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