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
secure number one position
FEATURED2 hours ago

Police Arrest 7, Recover 285 Vandalized NNPC Pipelines in Adamawa

bolt driver
FEATURES5 hours ago

‎Reps Summon Foreign Affairs Minister, NSA Over Alleged Illegal Presidential Investment Council

FEATURES7 hours ago

ICPC Says Gbajabiamila Voluntarily Honoured Invitation Over PFIPC Probe, Not Arrested

FEATURES10 hours ago

Kogi Residents Pledge Support for Tinubu, Ododo Over Infrastructure Projects

COMMUNITY REPORT12 hours ago

Relief as Isoko South Chairman’s Wife Celebrates Two Years in Office with Outreach to Orphanage, Families

Defense and Security12 hours ago

Defence Ministry Debunks Rumour of Minister Musa’s Resignation

FEATURES13 hours ago

‎Calabar Court Sentences Pastor to Death for Murder of 16-Year-Old Daughter Branded a Witch

FEATURED22 hours ago

Tinubu Appoints Fayose, Maj-Gen. Bindawa, 24 Others to Federal Agencies

Bichi
FEATURES1 day ago

‎DSS to Appeal Life Sentences of Two Convicted Ansaru Terror Commanders

FEATURED1 day ago

BREAKING: Court Dismisses Ned Nwoko’s Suit Challenging Okowa’s APC Delta North Candidacy

FEATURED1 day ago

Federal High Court Grants Miyetti Allah Leader, Bello Bodejo ₦2bn Bail, Bars Foreign Travel

FEATURES1 day ago

Police Detain 4 Officers Over  N53,000 Extortion of ICPC Chairman in Abuja

FEATURES1 day ago

Ex-Warri Refinery MD Secures ₦500m Bail Over Alleged $912,000 Money Laundering Charges

#SPORTS1 day ago

‎Teen Killed, Several Injured as Fountain Collapses During Spain’s World Cup Victory Celebrations

ENTERTAINMENT1 day ago

‎Portable Challenges Terry G to Celebrity Boxing Match, Says It Will Revive Singer’s Career

Advertisement
Advertisement

z

   


Article Banner