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
METRO6 hours ago

Delta Police Dismantle Shrine Used by Suspected Criminals for Fortification in Ndokwa West

Miyetti Allah
Defense and Security7 hours ago

Two Shot Dead by Bandits While Inspecting Land in Imo

FEATURES15 hours ago

Photo: Desmond Elliot Kneels to Tinubu’s CoS Gbajabiamila, Apologises Over Surulere APC Primary Loss

Defense and Security15 hours ago

Plateau Attacks: 13 Killed as Gunmen Open Fire on Passengers, Communities

BUSINESS16 hours ago

Dangote Refinery N2.15tn IPO on NGX: What to Know About NGX Listing in 2026

Profiled
FEATURED19 hours ago

EFCC Scandal: Senior ACE Officer Accused of $1M Unexplained Wealth, 10% Extortion in Petition to Olukoyede

FEATURED1 day ago

Okowa Backs Ika Vision 2032 as Anglican Diocese Launches Endowment Fund

FEATURES1 day ago

‎How NDLEA Uncovered Colorado Hidden in Speakers, Bread

FEATURED2 days ago

2027 poll: Arewa Youths in Warri South Endorses Tinubu, Sheriff, Other Candidates, Pledges 5/5 Victory

FEATURES2 days ago

Onanuga Blasts Peter Obi as ‘Overhyped, Clueless’ Ahead of 2027 Election

FEATURES2 days ago

Tinubu Mourns Bamanga Tukur, Hails ‘Man of Big Ideas’ as Former Gongola Governor Dies at 90

FEATURES3 days ago

Man Arrested While Allegedly Trying to Sell His 16-Month-Old Daughter in Abia Hotel

FEATURES3 days ago

One Suspect Arrested Over Ondo Herbal Drink Deaths as Toll Rises Above 30

OPINION4 days ago

₦100BN OIL AND GAS PARK: OMO-AGEGE HITS BACK AT DAFINONE—”STOP SABOTAGING URHOBO’S BIGGEST PROJECT SINCE DSC,” BY GODWIN ANAUGHE

FEATURES4 days ago

Diphtheria Outbreak: 2 Dead, 5 Confirmed Cases in Abuja — FCTA Moves to Contain Spread

Advertisement
Advertisement

z

   


Article Banner