The Ibadan Zonal office of the Economic and Financial Crimes Commission, EFCC, on Thursday April 19, 2018 arrest a man identified as "Oluokun Gabriel Adekola" before Justice Joyce Abdulmalik of the Federal High Court sitting in Ibadan, Oyo State on a six-count charge bordering on obtaining money under false pretense and money laundering to the tune of 22, 300 US Dollars.

Oluokun allegedly diverted the sum of 22, 300 US Dollars (Twenty-Two Thousand, Three Hundred United States Dollars) transferred to him by one Taiwanese lady (name withheld) who resides in China for the supply of 100metric tons of sesame seeds.

The defendant after collecting the sums, failed to transact the business as agreed but allegedly diverted the sum for a different purpose. The defendant however, pleaded not guilty when the charges were read to him.

Upon his plea, counsel to the EFCC, Sanusi Galadanchi asked for a trial date. However, the defense counsel, Akim Maisolati informed the court of an application for bail dated 10th April, 2018 before the court. The prosecution however, did not oppose the application for bail. Justice Abdulmalik admitted the defendant to bail with the sum of Five Hundred Thousand Naira and one surety in like sum.

The defendant will be remanded in the Agodi prison pending the perfection of his bail application.
The case is adjourned to May 7, 2018 for trial.

Source:
http://www.nairaplus.com/2018/04/efcc-arrests-yahoo-boy-for-22300-fraud.html

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