Court adjourns until Nov. 20 for money laundering trial of ex-Lagos Speaker, Ikuforiji

A Federal High Court in Lagos State on Monday adjourned the trial of a former Speaker of the Lagos State House of Assembly, Adeyemi Ikuforiji, over for alleged N338.8 million money laundering.
The case which was earlier fixed for continuation of trial on November 15 could not proceed as Justice Mohammed Liman, presiding over the case on a fiat did not sit.
Justice Liman had been transferred out of the Lagos division but comes from his division to preside over the case following a fiat.
A new date of November 20 was fixed for the case.
Ikuforiji is charged by the Economic and Financial Crimes Commission alongside his former Personal Assistant, Oyebode Atoyebi.
They are being tried on a 54 counts charge bordering on alleged N338.8 million money laundering.
They had each pleaded not guilty and were allowed to continue on an earlier bail granted to them in 2012 when they were first arraigned.
On March 17, 2021, the EFCC had closed its case after calling the second witness for the prosecution.
Prosecution called a total of two witnesses in support of its case.
Meanwhile, Justice Liman was later transferred out of the Lagos division and the case suffered several setbacks.
On May 4, defence counsel, Mr Dele Adesina, SAN, opened the case for the defence and began calling witnesses.
The defense called three witnesses, including the first defendant (Ikuforiji). Among others, Mr Ikuforiji had testified how he was being prosecuted on a faceless petition.
He told the court that the instant case arose from a petition written by an unknown person, alleging that he had stolen about N7 billion from the Lagos House of Assembly. The matter was consequently fixed for adoption of written addresses. The case will now continue on November 20.
The defendants were first arraigned on March 1, 2012, before Justice Okechukwu Okeke on a 20-count charge bordering on misappropriation and money laundering. They had each pleaded not guilty to the charges and were granted bails.
The defendants were, however, subsequently re-arraigned before Justice Ibrahim Buba, following a re-assignment of the case.
Mr Buba had granted them bail in the sum of N500 million each with sureties in like sun
On September 26, 2014, Justice Buba discharged Ikuforiji and his aide of the charges, after upholding a no case submission of the defendants. Mr Buba had held that the EFCC failed to establish a prima-facie case against them.
Dissatisfied with the ruling, the EFCC through its counsel, Godwin Obla, SAN, filed the Notice of Appeal dated September 30, 2014 challenging the decision of the trial court.
Mr Obla argued that the trial court erred in law when it held that the counts were incompetent because they were filed under Section 1(a) of the Money Laundering (Prohibition) Act, 2004 which was repealed by an Act of 2011.
The EFCC further argued that the lower court erred in law when it held that the provisions of Section 1 of the Money Laundering (Prohibition) Act, 2004 and 2011, only applied to natural persons and corporate bodies other than the government.
The commission had also submitted that the trial judge erred in law when he held and concluded that the testimonies of the prosecution witnesses supported the innocence of the respondents.
In its judgement, the Lagos Division of the Appeal Court, in November 2016, agreed with the prosecution and ordered a fresh trial of the defendants before another judge.
Following the decision of the Appeal Court, the defendants headed for the Supreme Court, seeking to upturn the ruling of the Appellate court.
Again, in its verdict, the apex court also upheld the decision of the appellate court and ordered that the case be sent back to the Chief Judge of the Federal High Court for reassignment to another judge.
According to the charge, the EFCC alleged that the defendants accepted cash payments above the threshold set by the Money Laundering Act, without going through a financial institution.
The commission accused the defendants of conspiring to commit an illegal act of accepting cash payments in the aggregate sum of N338.8 million from the House of Assembly without going through a financial institution.
Mr Ikuforiji was also accused of using his position to misappropriate funds belonging to the Assembly.
The EFCC said that the defendants committed the offences between April 2010 and July 2011.
The offences, according to the EFCC, contravenes the provisions of Sections 15 (1d), 16(1d) and 18 of Money Laundering Act, 2004 and 2011.
(NAN)
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