Home Courts Money laundering: Court threatens to revoke Lagos ex-Speaker’s bail

Money laundering: Court threatens to revoke Lagos ex-Speaker’s bail


Justice Mohammed Liman of the Federal High Court in Lagos, on Wednesday, threatened to revoke the bail of a former Speaker of the Lagos State House of Assembly, Adeyemi Ikuforiji, who is facing N338.8m money laundering charges.

Ikuforiji, alongside his former Personal Assistant, Oyebode Atoyebi, is being prosecuted by the Economic and Financial Crimes Commission.

They are facing 54 counts bordering on money laundering but they pleaded not guilty.

Justice Liman allowed them to continue on an earlier bail granted to them in 2012 when they were first arraigned before Justice Okechukwu Okeke.

On March 17, 2021, the EFCC closed its case after calling its second witness, Mr Adewale Olatunji, who is a former Clerk of the Lagos State House of Assembly.

The matter was then adjourned for the defendants to open their defence.

However, Justice Liman was later transferred out of the Lagos division and is now presiding over the case by fiat.

Trial in the case has, however, suffered several adjournments owing to different reasons.

At the resumed trial on Wednesday, the prosecution counsel, Mr Ekene Iheanacho, while referring to a letter for adjournment written by the defence counsel, lamented the slow pace of the trial.

He submitted that the defendants had no reason to be absent from court and consequently, made an oral application that a bench warrant be issued against the defendants and their bail be revoked.

In a short ruling, Justice Liman directed the defendants in order to ensure they are present for trial on the next date, failing which their bail may be revoked and a bench warrant issued.

The court adjourned the case until May 3 and 4 for the continuation of the trial.



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