BREAKING! PDP Chairman And Others Remanded In Prison Over N700 Million Fraud In Edo

Date: 25-05-2018 10:12 am (5 years ago) | Author: onuigbo felicia
- at 25-05-2018 10:12 AM (5 years ago)
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The Federal High Court in Benin has ordered that the Chairman of Peoples Democratic Party (PDP) in Edo, Chief Dan Orbih, be remanded in prison custody if he failed to perfect his bail.
 
The court had on Thursday granted the Orbih and Mr Osagie Ize-Iyamu, the 2016 governorship candidate, bail in the sum of N10 million for alleged N700 million fraud.
 
Also granted bail in the same condition, were the former deputy governor, Mr Lucky Imasuen, a former member of the House of Representatives, Tony Azegnemi and Efe Anthony.
 
Justice P. Adjokwu ordered the defendants to produce a surety each in like sum.
 
The judge ordered that the sureties, who must not be below salary grade level 16, must also be house owners, with Certificates of Occupancy (C of O) that should be deposited with the court’s deputy registrar.
 
Adjokwu, who rejected the plea by defendants’ counsel, Mr Charles Edosomwan, ordered them to be remanded in prison until they met the bail conditions.
 
The Judge adjourned the case till July 4.
 
EFCC had arraigned the defendants on an eight-count charge of laundering the sum of N700 million.
 
The EFCC alleged that the defendants were arraigned for receiving N700 million prior to the 2015 general elections, from former oil minister, Diezani Alison-Madueke.
 
The money was part of the $115 million that Diezani pilfered from the treasury.
 
He said the offence contravened Section 15(2)(d)of the Money Laundering (Prohibited) Act 2011(as amended by the Money Laundering (Prohibition) punishable under section 15(3) of same Act.

Posted: at 25-05-2018 10:12 AM (5 years ago) | Addicted Hero
- nature7888 at 25-05-2018 10:51 AM (5 years ago)
(m)
Hmmmm. chop and clean. e don hook una
Posted: at 25-05-2018 10:51 AM (5 years ago) | Gistmaniac
Reply
- ruthie at 25-05-2018 11:16 AM (5 years ago)
(f)
all common thieves
Posted: at 25-05-2018 11:16 AM (5 years ago) | Hero
Reply
- officynero at 25-05-2018 11:47 AM (5 years ago)
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Continue
Posted: at 25-05-2018 11:47 AM (5 years ago) | Gistmaniac
Reply
- chukkychukky at 25-05-2018 11:48 AM (5 years ago)
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all to soil pdp name in 2019, to hell with apc

Posted: at 25-05-2018 11:48 AM (5 years ago) | Gistmaniac
Reply
- osarobo62 at 25-05-2018 01:07 PM (5 years ago)
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PDP ruined and almost bastardized Edo state
Posted: at 25-05-2018 01:07 PM (5 years ago) | Hero
Reply
- slimber at 25-05-2018 02:15 PM (5 years ago)
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Hmmm after that so what next they 're all the same
Posted: at 25-05-2018 02:15 PM (5 years ago) | Hero
Reply
- fineboy77 at 25-05-2018 03:08 PM (5 years ago)
Online (m)
witch hunting

Posted: at 25-05-2018 03:08 PM (5 years ago) | Addicted Hero
Reply
- james987 at 25-05-2018 05:59 PM (5 years ago)
(m)
Quote from: fineboy77 on 25-05-2018 03:08 PM
witch hunting
True talk
Posted: at 25-05-2018 05:59 PM (5 years ago) | Hero
Reply

fire TRENDING GISTS fire

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