Connect with us

FEATURED

EFCC Finalises Case In ex-NDDC ED, Tuoyo Omatsuli’s N3.6bn Bribery Trial

Published

on

The Economic and Financial Crimes Commission on Tuesday rested its case in the N3.6bn bribery trial of a former Executive Director, Projects, Niger Delta Development Commission, Mr Tuoyo Omatsuli.

Omatsuli, alongside Don Parker Properties Limited; Francis Momoh and Building Associates Limited, is facing 52 counts before the Federal High Court in Lagos.The defendants were first arraigned before Justice Saliu Saidu in November 2018.At the Tuesday proceedings, following an amendment to the charges the defendants were re-arraigned.

The prosecuting counsel for the EFCC, Ekene Iheanacho, thereafter announced the closure of his case after the court had taken the testimony of the 16th prosecution witness. 

Justice Saidu adjourned further proceedings in the matter till October 12 and 13, 2020.

In the charges, the EFCC alleged that Omatsuli and his co-defendants conspired to disguise the illegal origin of the N3.6bn “being proceeds of unlawful activity; to wit: corruption and gratification.”

The EFCC alleged that the N3.6bn was a bribe received by Omatsuli from Starline Consultancy Services Limited, a firm engaged by the NDDC to help it recover its statutory three per cent annual budgets of oil and gas producing companies in the Niger Delta.

Advertisement
Article Banner

Iheanacho said Omatsuli and others acted contrary to Section 18 of the Money Laundering (Prohibition) Act 2011 and were liable to be punished under Section 15(3) of the same Act.

The defendants pleaded not guilty to the entire 52 counts.

The anti-graft agency had in December 2018 secured a permanent forfeiture order in respect of four landed properties at Lekki Peninsula Scheme, Lagos, belonging to Tuoyo Omatsuli said to be worth N846.03m.

(Punch)

Continue Reading
Advertisement
Click to comment
FEATURED13 hours ago

‎Confusion Trails Abuja Protest as VDM Leaves Venue, Supporters Allege Army Interference

COMMUNITY REPORT13 hours ago

‎NSA Brokers Peace Deal as Ijaw, Itsekiri Leaders Agree on Power-Sharing Formula in Warri ‎

COMMUNITY REPORT13 hours ago

Oborevwori Mourns as Former Delta Health Commissioner, Dr. Joseph Otumara Dies

FEATURED13 hours ago

‎Nigeria Won’t Abandon You, Bianca Ojukwu Tells Inmates as Ethiopia Prisoner Transfer Deal Takes Effect ‎

Defense and Security15 hours ago

‎“Only God Can End Insecurity” Remark Sparks Outrage as Defence Minister Faces Backlash ‎

FEATURED16 hours ago

‎Pro-Tinubu Group Protests in Abuja, Accuses Makinde of Politicising Oriire Schoolchildren Kidnap Case ‎ ‎

FEATURED16 hours ago

BREAKING: Abducted Retired Maj-Gen. Rabe Abubakar, Dies in Terrorist Custody

FEATURED16 hours ago

‎Ogun State Targets 95% Votes for Tinubu in 2027, Cites Economic Reforms

FEATURED18 hours ago

Xenophobia in South Africa: Tinubu Puts MTN, DSTV Licenses on the Chopping Block as Evacuation Begins

Defense and Security19 hours ago

‎”We Are Lacking Boots on the Ground” – Gov. Uba Sani Says Nigeria Needs State Police to Address Insecurity

FEATURES19 hours ago

Inside Jim Ovia’s Two New Waterfront Luxury Towers

FEATURED20 hours ago

‎I’ll Release Kanu if Elected, Dialogue is Better Than Detention, Says Obi ‎

FEATURED1 day ago

‎South Africa to Bill Nigeria, Other Nations for Deportation Costs of Undocumented Migrants

FEATURED1 day ago

Democracy Day: Leadership is a Trust Bestowed by the People, Says Okowa

sowore
FEATURED1 day ago

UPDATED: How Sowore Collapsed, Rescued During Abuja Democracy Day Protest Clash

Advertisement
Advertisement

z

   


Article Banner