• Latest
  • Trending
Obadina remanded in Kuje prison over N2.4bn contract scam

Obadina remanded in Kuje prison over N2.4bn contract scam

7 years ago
Soldiers kill motorcyclist in Ibadan

Soldiers kill motorcyclist in Ibadan

4 hours ago
‘It’s false’- Ex-Oyo Speaker faults  Fashola’s account of Ladoja’s impeachment

‘It’s false’- Ex-Oyo Speaker faults Fashola’s account of Ladoja’s impeachment

4 hours ago
BREAKING: I’ll continue to campaign for Tinubu- Buhari

BREAKING: I’ll continue to campaign for Tinubu- Buhari

9 hours ago
Naira scarcity: Dispense new notes or I’ll revoke your land, Borno governor warns banks

Naira scarcity: Dispense new notes or I’ll revoke your land, Borno governor warns banks

10 hours ago
Finally, Emefiele appears before House of Reps over new naira notes

Naira scarcity: CBN begs Nigerians to endure challenges

14 hours ago
Osun 2022: Stop attacking Makinde, he has no anointed candidate –Rep

Naira/fuel scarcity: Makinde deploys free buses in Oyo

15 hours ago
Naira scarcity: Emefiele acting cabals’ script- Folarin

Naira scarcity: Emefiele acting cabals’ script- Folarin

1 day ago
Man slumps, dies inside bank

Man slumps, dies inside bank

1 day ago
NFIU: No going back on cash withdrawal limit

Makinde, Adelabu, Kola-Daisi suspend campaigns over fuel, naira scarcity

1 day ago
Appointments:  Clarke, Fasoranti, Adebanjo,13 others sue Buhari, demand N50bn

Presidency: Buhari’ll take major decision on naira redesign within seven days

1 day ago
BREAKING: Protests rock Ibadan over fuel, naira notes scarcity

BREAKING: Protests rock Ibadan over fuel, naira notes scarcity

1 day ago
CBN deadline: First Bank opens Saturday, Sunday to receive old naira notes

BREAKING: Allow Nigerians spend old, new naira notes- APC governors tell Buhari

1 day ago
Temi Otedola celebrates sixth anniversary of meeting fiancé, Mr Eazi

Temi Otedola celebrates sixth anniversary of meeting fiancé, Mr Eazi

1 day ago
Buhari meets APC governors in Abuja

JUST IN: Buhari in closed door meeting with APC governors

2 days ago
Suspended  Catholic priest wins Benue APC governorship rerun

Again, Catholic priest wins Benue APC rerun guber primary

2 days ago
El-Rufai: How Buni’s lawyers, fifth columnists  colluded to stop APC convention

El-Rufai: We’ll defeat Aso Rock cabals inciting Nigerians against APC

2 days ago
‘You’ve directed LG chairmen, aides, others to work for Tinubu in Rivers’- Atiku’s camp accuses Wike of anti-party activity

‘You’ve directed LG chairmen, aides, others to work for Tinubu in Rivers’- Atiku’s camp accuses Wike of anti-party activity

2 days ago
El-Rufai: How Buni’s lawyers, fifth columnists  colluded to stop APC convention

VIDEO: How Tinubu emerged APC presidential candidate- El-Rufai

2 days ago
  • Contact Us
  • Advertise
Saturday, February 4, 2023
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

Obadina remanded in Kuje prison over N2.4bn contract scam

Patrick Akpu by Patrick Akpu
July 15, 2016
in Politics
Reading Time: 2 mins read
254 5
0
Obadina remanded in Kuje prison over N2.4bn contract scam
Share on FacebookShare on TwitterShare on WhatsAppShare on Telegram

 

RelatedPosts

JUST IN: Keyamo sues EFCC, ICPC, CCB, demands Atiku’s prosecution

Alleged SPV scandal: Keyamo gives EFCC, ICPC, CCB 72 hours ultimatum to arrest Atiku

JUST IN: Doyin Okupe released by EFCC after arrest at Lagos Airport

The Managing Director, Almond Properties Ltd., Olugbenga Obadina, has been remanded in Kuje prison after he was arraigned on Friday by the Economic and Financial Crimes Commission (EFCC).

According to the EFCC, Obadina allegedly collected a sum of N2.4 billion, paid into his company’s account in tranches, between 2013 and 2015 from the account of the office of a former National Security Adviser, retired Col. Sambo Dasuki, without contract award.

He appeared at the Federal High Court, Abuja, on an eight-count charge bordering on money laundering but pleaded not guilty to all eight counts.

The prosecuting counsel, Mr Peters Aso, urged the court to remand the defendant in prison custody and order accelerated hearing of the case.

Aso also told the court that it was risky to grant bail to the defendant whom he described as a flight risk owing to the proof of evidence accompanying the charges.

His words:

“The defendant received N2.4 billion out of which $2.6 million has been taken abroad and his passport is still in his custody.

“And so, if granted bail, he is a flight risk because he will jet off to enjoy that money already abroad”

Aso added that although they had recovered N70 million from the defendant, rather than cooperate, he was frustrating the investigation.

He urged the Justice Nnamdi Dimgba-led court to discountenance the exhibits attached to the defendant’s bail application, saying they were public documents and only certified true copies would be accepted by the court.

Defence counsel Chris Uche (SAN) notified the court that the defendant had been in EFCC’s custody for over one month even though he had been granted administrative bail.

Uche urged the court to grant his client bail, saying that the charge preferred against him was one in which bail could be granted. He also noted that the defendant had demonstrated, through the exhibits he attached to his affidavit, that he would be available to attend his trial if granted bail.

He appealed that bail should be granted in liberal terms, adding that the N70 million recovered by the EFCC could be used as bond.

Justice Dimgba, said that the court could put in place measures that would ensure that the defendant was not a flight risk when granted bail.

He adjourned ruling on the bail application till July 18 and ordered the remand of the defendant in Kuje prison.

 

Related

What’s your Reaction?
Like
Like
0
Dislike
Dislike
0
Laugh
Laugh
0
Angry
Angry
0
Sad
Sad
0
Accurate
Accurate
0
0 Shares
Facebook Twitter WhatsApp Linkedin Messenger
×

Share this post!

Facebook Twitter WhatsApp Linkedin Messenger Telegram Tumblr
Tags: DasukiEFCCObadina

Recent Posts

BREAKING: I’ll continue to campaign for Tinubu- Buhari

BREAKING: I’ll continue to campaign for Tinubu- Buhari

February 4, 2023
NFIU: No going back on cash withdrawal limit

Makinde, Adelabu, Kola-Daisi suspend campaigns over fuel, naira scarcity

February 3, 2023
Suspended  Catholic priest wins Benue APC governorship rerun

Again, Catholic priest wins Benue APC rerun guber primary

February 3, 2023
‘You’ve directed LG chairmen, aides, others to work for Tinubu in Rivers’- Atiku’s camp accuses Wike of anti-party activity

‘You’ve directed LG chairmen, aides, others to work for Tinubu in Rivers’- Atiku’s camp accuses Wike of anti-party activity

February 2, 2023
El-Rufai: How Buni’s lawyers, fifth columnists  colluded to stop APC convention

VIDEO: How Tinubu emerged APC presidential candidate- El-Rufai

February 2, 2023
APC suspends state congress in Oyo

Makinde’ll answer for his many crimes after May 29, Oyo APC vows

February 2, 2023
Kwankwaso: Why I won’t go on medical tourism as president

Kwankwaso: Why naira notes scarcity isn’t affecting presidential candidates

February 2, 2023
Amosun, Abiodun trade words over performance, abandoned projects

Amosun, Abiodun trade words over performance, abandoned projects

February 2, 2023
Next Post
Donald Trump chooses Mike Pence as running mate

Donald Trump chooses Mike Pence as running mate

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