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
FEATURED31 minutes ago

‘Foreigners Now Beg for Nigerian Passports’, Says Dabiri-Erewa

FEATURED8 hours ago

Okubor To INEC: Introduce Course On How To Lose Election Without Losing Your Mind

FEATURED9 hours ago

‎Nigeria Confirms First Ebola Case as Deadly Bundibugyo Strain Hits Abuja

NIGER DELTA12 hours ago

Prioritise Credibility, Profitability Over Traffic – Aniagwu Charges Online Publishers

NIGER DELTA20 hours ago

Look Beyond Page Views To Build Profitable Media – DOPF Tells Online Publishers

FEATURED24 hours ago

Delta Police Arrest Three For Impersonating SGF Akume, Oborevwori’s Protocol Director To Defraud Community Leader Of N5.4m

FEATURED1 day ago

Ebola Alert: 20 Key Facts As FG Traces 44 Contacts Over Suspected Case In FCT

FEATURED1 day ago

I Never Asked Nigerians in Diaspora to Abandon Their Families — Peter Obi

FEATURED1 day ago

‘If Buhari as a General Couldn’t End Insecurity, Spare Tinubu’ — Abdulaziz Yari

NEWS1 day ago

Tinubu Condoles With Ibori, Uduaghan Family Over Ex-Governor’s Death

NIGER DELTA1 day ago

DOPF Opens 2026 Annual Conference With Workshop On Digital Media Sustainability

COMMUNITY REPORT2 days ago

Isoko South Flags Off Mega Empowerment, 4,000 Residents To Get N50,000 Each

FEATURED2 days ago

Blackout Hits Four States as NUEE Shuts Down BEDC Facilities Over Welfare Dispute

COMMUNITY REPORT2 days ago

Isoko North Chairman Empowers 5,000, Hails Oborevwori’s Grassroots Initiative

BUSINESS2 days ago

AI Courses In Nigeria Surge 93% As Critical Thinking Jumps 113% – Coursera Report 20262

Advertisement
Advertisement

z

   


Article Banner