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
FEATURED2 hours ago

Full List: Tinubu Nominates 4 New INEC Commissioners, 2 RECs — See Names, States

BUSINESS3 hours ago

NNPC Confirms Rivers Pipeline Explosion, Residents’ Homes and Businesses Damaged

FEATURED6 hours ago

Police Raid Cult Anniversary Party in Asaba, Arrest 95 Suspected Cultists, Recover Pump-Action Guns

FEATURED10 hours ago

Aircraft Loses Door Minutes After Take-Off From Abuja, Makes Emergency Landing

FEATURED16 hours ago

Umahi Orders Reconstruction Of Benin-Asaba Highway, Reopens First Niger Bridge With CCTV, Solar Lights

FEATURED16 hours ago

Minimum Wage: NLC, FG Clash Over Timing of Fresh Wage Review

FEATURED23 hours ago

Yahaya Bello Fraud Trial: BDC Operator Reveals How N1.425bn Was Used To Pay Bello Children’s School Fees At AISA

COMMUNITY REPORT24 hours ago

Dokubo-Asari To Be Crowned Amanyanabo Of The Source Dec 19, As Tonye Princewill Chairs Coronation Committee

BUSINESS1 day ago

Ebenco Refinery Gets NMDPRA Approval To Introduce Hydrocarbons, Advances To Commissioning

FEATURED1 day ago

Delta: Police Arrest Man For Attempted Armed Robbery, Stabbing Woman in Alifekede Village

FEATURED1 day ago

Delta Police Arrest Three Over Theft Of N2m, POS Machine In Okwagbe Waterside

FEATURED1 day ago

Oluremi Tinubu Pays Homage to Oba of Benin in Benin City

Delta Politician
FEATURED1 day ago

Delta NUJ Election: Oyowe Re-elected Chairman, Defeats Obieh

FEATURED1 day ago

2027 Delta Central: Omo-Agege Accuses Dafinone Of Sponsoring Petitions, Says He’s Scared Of Election

FEATURED1 day ago

‘No Vacancy’: Senators Endorse Akpabio for Second Term as Senate President

Advertisement
Advertisement

z

   


Article Banner