Nigeria’s Economic and Financial Crimes Commission (EFCC), Lagos Zonal office on Thursday arraigned the duo of Kayode Phillip and Hamza Koudeih before Justice Muslim S. Hassan of the Federal High Court, sitting in Ikoyi, Lagos on a 25-count charge bordering on conspiracy and money laundering.

The defendants, who are high-value targets in Organized Cyber Syndicate Network, OCSN, were arrested for their alleged involvement in various cyber crimes and money laundering.

One of the count reads: “That you, Kayode Phillip (a.k.a Voice of the King) and Hamza Koudeih (a.k.a. HK) sometime in May, 2019 within the jurisdiction of this Honourable Court conspired among yourselves to commit an offence to wit: conversion of the aggregate sum of $7, 069, 000 (Seven Million, Sixty-Nine Thousand United States Dollars), £1, 000, 000 (One Million Pounds) and €80,000 (Eighty Thousand Euro), which sum you reasonably ought to have known form part of the proceeds of fraud and you thereby committed an offence contrary to Sections 18 (a), 15 (2)(d) of the Money Laundering Prohibition Act, 2015 and punishable under Section 15(3) of the same Act.”

The defendants pleaded not guilty to the charge preferred against them by the Commission.

In view of their pleas, the prosecution counsel, Abass Mohammed, prayed the court for a trial date and asked that the defendants be remanded in Correctional Service custody as the detention facilities of the EFCC custody had been over-stretched.

Counsel to the first defendant, Oladele Falana, however, informed the court that he had filed a bail application on behalf of his client and served same on the prosecution today.

He, therefore, craved the indulgence of the court for the earliest date possible to hear the application.

Counsel to the second defendant, Abdullahi Mohammed, told the court that an application for bail had been filed and served on the prosecution.

Mohammed further urged the court to hear the application and grant the prayers therein, adding that “My client has hinted that he prefers to go to the prison custody and that he will not be opposing the applications of the prosecution.”

Though the prosecution counsel, Mohammed, told the court that he had yet to receive a copy of the second defendant’s application for bail, he conceded to the defendant being remanded in prison custody.

Consequently, Justice Hassan adjourned the matter to December 5, 2019 for bail hearing and ordered that the defendants be remanded in the Nigerian Correctional Service custody.

ursullalinda:
All for the gram and show off... see how men are disgracing themselves and family.....in as much as their money might bail them....but the stigma remains.....crime doesn't and will never pay

ursullalinda:
All for the gram and show off... see how men are disgracing themselves and family.....in as much as their money might bail them....but the stigma remains.....crime doesn't and will never pay

LeJeun3:



Did you say stigma?!

Didn’t Obasanjo come from jail and be president??

DAramis:
so, na that Lebanese man be the HK money Nice sang for living things song?
why does it sound like all those guys mentioned in that song are being picked up one after the other

solsticey2k3:
Mompha ti koba awon eleyi o

TOPCRUISE:
Only the greedy and selfish ones will fall into the hands of scammers

Yinxies:
Not necessarily. Sometimes it's jazz

ursullalinda:



Not for fraud or stealing

DAramis:
so, na that Lebanese man be the HK money Nice sang for living things song?

why does it sound like all those guys mentioned in that song are being picked up one after the other

frowland:


In other words OBJ, Babangida, Jonathan etc etc never committed fraud or stole. because the last time I checked, those guys a billionaires unjustifiably. How about bank CEOs, Teleco kingpins and oil gurus and bonkers? Keep fooling yourself about crime doesn't pay hogwash!

PoliteActivist:


Well one person it paid: your president. It was crime (coup) that brought him power the first time. Then based on that he became president again to this day

Crime does not pay - if you are CAUGHT,!