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
OPINION14 minutes ago

WHY NDC MAY NOT BE ON THE BALLOT IN 2027: FACTS NIGERIANS NEED TO KNOW, BY UFUOMA EGBE

NIGER DELTA1 hour ago

NIPR, Stakeholders Say Leadership, Accountability Panacea to Nigeria’s Sustainable Development

OPINION3 hours ago

THE “JAPA” TREND: ESCAPE OR SURVIVAL, BY OLUCHI IGBOMA

FEATURED5 hours ago

How Delta Police Arrested Two Electric Cable Vandals in Ibabu–Ugiliamai Road

possession of firearms
FEATURED5 hours ago

‎IGP Launches ‘Operation Kosaye’ to Crush Kidnappers, Clear Lagos-Ogun Forests

FEATURED7 hours ago

‎Akpabio Hails Tinubu’s Reforms, Says Nigeria Already Changing Under His Leadership ‎

FEATURED11 hours ago

COAS Appoints 2 GOCs, Reshuffles Others to Enhance Nigeria’s Military Effectiveness

secure number one position
FEATURED13 hours ago

‎Police Dismiss Report Linking Pastor to Orire Kidnap, Warn Against Fake News ‎

Miyetti Allah
Defense and Security16 hours ago

‎Tension Rises as MACBAN Chairman Shot Dead After Benue Peace Meeting ‎

POLITICS1 day ago

Court Ruling on NDC Opens Fresh Legal Battle Ahead of 2027

Rivers Assembly
FEATURED1 day ago

NDC: PDP Reacts to Lokoja’s Ruling, Says Tinubu’s APC Has Disdain for Fair Political Competition

Peter Obi
FEATURED1 day ago

‎Peter Obi Warns of Threat to Nigeria’s Democracy, Condemns Lokoja Court Ruling, ‎

FEATURED1 day ago

Alleged $4.5bn Fraud: Court Reserves Ruling on Admissibility of Emefiele’s Alleged Extra-judicial Statements Till July 9

FEATURED1 day ago

‎NDC Rejects Court Ruling, Heads to Appeal, Insists Party Remains Registered ‎

FEATURED1 day ago

Court Makes U-TURN on NDC Registration, Directs INEC to Delist Party

Advertisement
Advertisement

z

   


Article Banner