• Latest
  • Trending
Jumoke Akindele seeks out-of-court settlement in N650 million fraud case

Jumoke Akindele seeks out-of-court settlement in N650 million fraud case

4 years ago
How I was scammed to support Buhari in 2015- Dino Melaye

Presidency: Forget social media drama, wait for your time- Melaye tells Obi

2 mins ago
Police apologise to Owo residents over church attack, vow to arrest perpetrators

‘Expressing one’s Christian faith has become death sentence’-US Senators ask govt to redesignate Nigeria religious freedom violator

29 mins ago
JUST IN: Court jails Senator seven years for money laundering

JUST IN: Court jails Senator seven years for money laundering

57 mins ago
Five Nigerian celebrities with crashed marriages between 2021 and 2022

Five Nigerian celebrities with crashed marriages between 2021 and 2022

3 hours ago
APPLY: First Bank launches single-digit loan for women-owned businesses

APPLY: First Bank launches single-digit loan for women-owned businesses

5 hours ago
Court sentences ex-soldier, one other to death for armed robbery

Court ends proceedings abruptly after lawyer appears in pastor’s robe

5 hours ago
Tottenham sign Richarlison from Everton

Tottenham sign Richarlison from Everton

8 hours ago
Lagos govt: Why we increased BRT fares by N100

Lagos govt: Why we increased BRT fares by N100

8 hours ago
Again, Akinlade dumps APC, gives reasons

Again, Akinlade dumps APC, gives reasons

9 hours ago
Actress Kemi Afolabi commences lupus treatment in US hospital

Actress Kemi Afolabi commences lupus treatment in US hospital

10 hours ago
EFCC unseals properties linked to Fayose

Fayose: If Wike supports Atiku, we’ll abandon him

23 hours ago
African Union suspends two Nigerians indefinitely for alleged  ‘misconduct’

African Union suspends two Nigerians indefinitely for alleged ‘misconduct’

1 day ago
JUST IN: Ekweremadu, wife charged with child organ-harvesting conspiracy in UK

Wife absent as UK court adjourns Ekweremadu’s trial

1 day ago
Assault: Portable reports self at Ogun Police Command

Assault: Portable reports self at Ogun Police Command

1 day ago
10 health benefits of Ginger

10 health benefits of Ginger

1 day ago
‘I spoke the truth’ – Funke Akindele’s step son reacts to Dad’s split from actress

‘I spoke the truth’ – Funke Akindele’s step son reacts to Dad’s split from actress

1 day ago
Atiku kicks against electricity tariff increase,says it’s ill-timed

‘We’re taking action to address feelings of all party members’- Atiku breaks silence on PDP crisis

1 day ago
How I’ll tackle  insecurity in Osun- Adeleke

How I’ll tackle insecurity in Osun- Adeleke

1 day ago
  • Contact Us
  • Advertise
Friday, July 1, 2022
Newspeakonline
  • Home
  • Politics
  • Business
  • Entertainment
  • Technology
  • World
    • Africa
    • Americas
    • Asia
    • Europe
  • Opinion
  • Interview
  • Newspeak ExclusivesNew
No Result
View All Result
  • Home
  • Politics
  • Business
  • Entertainment
  • Technology
  • World
    • Africa
    • Americas
    • Asia
    • Europe
  • Opinion
  • Interview
  • Newspeak ExclusivesNew
No Result
View All Result
Newspeak
UBA
Home Politics

Jumoke Akindele seeks out-of-court settlement in N650 million fraud case

Patrick Akpu by Patrick Akpu
February 7, 2018
in Politics
Reading Time: 2 mins read
269 6
0
Jumoke Akindele seeks out-of-court settlement in N650 million fraud case
Share on FacebookShare on TwitterShare on WhatsAppShare on Telegram

A former Minister of Federal Capital Territory, Jumoke Akinjide, who is standing trial over alleged N650 million money laundering charge, on Tuesday in Lagos sought out-of-court settlement.

RelatedPosts

JUST IN: Court jails Senator seven years for money laundering

Ekiti 2022: EFCC arrests suspected vote buyers

EFCC declares pastor, wife wanted for alleged N2bn fraud

Akinjide’s lawyer, Bolaji Ayorinde, told a Federal High Court that they were “in the process of engaging in out-of-court settlement” with the Economic and Financial Crimes Commission, EFCC.

The News Agency of Nigeria reports that the former minister and two others are facing charges bordering on a N650 million money laundering.

FeedWell

The EFCC had slammed a 24-count charge of money laundering on Ms. Akinjide, Ayo Adeseun, a former senator, and a chieftain of the People’s Democratic Party, PDP, Olarewaju Otti.

Also listed in the charge is a former Minister of Petroleum Resources, Diezani Allison-Madueke, who is said to be “at large”.

Justice Sule Hassan granted an adjournment to enable both the defence and the prosecuting counsel explore out-of-court settlement.

Mr. Ayorinde said that there was no point wasting the time and resources of the court since the sum contained in the charge had already been refunded.

“My Lord, the charge before this court is essentially in relation to the PDP campaign funds for the 2015 elections in Oyo State.

“Before trial commenced, the defendants, who were chieftains of the PDP in Oyo at the time, acting on the collective decision of the party, decided to refund the monies mentioned in the charge.

“I have had talks with the lead counsel for the prosecution and we think it wise not to subject this matter to further adjudication so as not to waste the time and resources of the court.

“In that light, I have suggested that all counsel meet to look at the way forward on this charge, especially considering the fact that the monies complained of has already been refunded.

“My application, therefore, is that this court adjourns further hearing pending the outcome of discussion by both counsel,’’ Mr. Ayorinde told the court.

Responding, the prosecutor, Rotimi Oyedepo, confirmed the position as suggested by Ayorinde.

According to Mr. Oyedepo, the allegations against the accused do not principally bother on campaign funds, but on “dealings with proceeds of unlawful activity”.

The prosecutor also confirmed to the court that the EFCC had recovered N650 million, but added that the money was recovered from the first accused and not from chieftains or principal members of the PDP.

Citing Sections 270 of the Administration of Criminal Justice Act, Mr. Oyedepo submitted that its provisions allow for such “settlement discussions” by both parties.

He told the court that the prosecution was not opposed to “discussion” and urged the court to grant the adjournment.

Besides, Mr. Oyedepo urged the court to place on record the fact that his witness had been present in court since the last adjourned date in preparation for trial.

In his ruling, Justice Hassan held that in line with the provisions of Sections 270 of the ACJA which allows plea bargain and as parties are not adverse to it, he adjourned the case until February 22 for hearing.

“The earlier date of February 14 is vacated and the defendants are to continue with their bails.”

NAN

What's Your Reaction?

  • LolLol
    0
    Lol
  • OMGOMG
    0
    OMG
  • AngryAngry
    0
    Angry
  • LoveLove
    0
    Love
  • CuteCute
    0
    Cute
  • WinWin
    0
    Win
  • CryCry
    0
    Cry

Related

Tags: EFCCFeatureJumoke Akindele
Previous Post

Iraq publishes second list of most-wanted ‘more dangerous’ ISIS militants

Next Post

Oyo re-unites three street children with family, hands 12 to orphanage

RecentPosts

Again, Akinlade dumps APC, gives reasons

Again, Akinlade dumps APC, gives reasons

July 1, 2022
EFCC unseals properties linked to Fayose

Fayose: If Wike supports Atiku, we’ll abandon him

June 30, 2022
Atiku kicks against electricity tariff increase,says it’s ill-timed

‘We’re taking action to address feelings of all party members’- Atiku breaks silence on PDP crisis

June 30, 2022
How I’ll tackle  insecurity in Osun- Adeleke

How I’ll tackle insecurity in Osun- Adeleke

June 30, 2022
PDP chairmanship: Ex-Senate President emerges consensus candidate

PDP crisis deepens as national chairman, governors boycott Osun campaign council inauguration

June 29, 2022
[BREAKING] COVID-19: Lagos Police arrest Funke Akindele for hosting house party

FULL LIST: Lagos PDP shortlists Funke Akindele as Adediran’s running mate

June 29, 2022
Jibrin: How Peter Obi running as Kwankwaso’s VP will benefit South East

Jibrin: How Peter Obi running as Kwankwaso’s VP will benefit South East

June 28, 2022
Shettima leads APC senators to meet Tinubu, says ‘we’ve succeeded in nipping crisis in the bud’

Shettima leads APC senators to meet Tinubu, says ‘we’ve succeeded in nipping crisis in the bud’

June 26, 2022
Next Post
Oyo re-unites three street children with family, hands 12 to orphanage

Oyo re-unites three street children with family, hands 12 to orphanage

Leave a Reply Cancel reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Newspeakonline

© 2020 Newspeak & Associates
Optimized by IChannelTech.

Navigate Site

  • Breaking News
  • Business
  • Entertainment
  • Interview
  • Newpeak Magazine
  • Newspeak Exclusives
  • Politics

Follow Us

No Result
View All Result
  • Home
  • Latest News
  • Politics
  • Business
  • Entertainment
  • Technology
  • World
  • Opinion
  • Interview
  • Newspeak Exclusives

© 2020 Newspeak & Associates
Optimized by IChannelTech.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Newspeak We would like to show you notifications for the latest news and updates.
Dismiss
Allow Notifications