The Economic and Financial Crimes Commission (EFCC) has re-arraigned the Speaker of the Lagos State House of Assembly, Adeyemi Ikuforiji, and his personal assistant, Oyebode Atoyebi for their alleged involvement in laundering over N273million belonging to the Lagos State House of Assembly.

Both men were on Monday, re-arraigned at the Federal High Court, Lagos before Justice Ibrahim Buba.

The offence is said to be contrary to Sections 18(A) of the Money laundering (Prohibition) Act 2011 and punishable under Section 16(2)(B) of the same Act.

They both pleaded not guilty to an amended 54-count charge and have been granted bail in the sum of N1billion each.

The court also made a bail condition for two sureties each in the sum of N5million each.

The sureties are to swear to an affidavit of means, while the two accused persons must give an undertaking that they would always be present in court for their trial.

“They would not be remanded in prison custody if they are able to perfect the bail conditions within 48 hours. But if they fail, a bench warrant will be issued against them” the Judge ruled.

The duo had earlier been arraigned on March 1, 2012 on a 20-count charge.

The trial is however to commence afresh following the retirement of the previous judge, Justice Okechukwu Okeke.

The fresh date for the trial is the 25th of September.

Source:www.channelstv.com/home/2013/06/24/efcc-re-arraigns-lagos-assembly-speaker-gets-n1billion-bail/?utm_source=&utm_medium=twitter

I keep saying that corruption is the only evil that brings all Naija politicians together while some gullible folks think their political party is better. These are all political harlots that jump from one bad party to another one that is even worse.

Oga judge chaiiiii!!!..Ikuforuji no steal reach half of that amount Йą..whr U̶̲̥̅̊ want make im get that kind money from..abi U̶̲̥̅̊ wan make im steal again complete am??..anyway sha Jagaban dey im side so no lele..shey im even escort go house of commons go give address

Gud judge! D act of stealing public monies shouls elicit d severest punishment in d land!

All his other colleagues will watch their back henceforth!

All u corrupt politicians we are coming for you in 2015!

" Get 1 billiion naira bail" money dy ds country

That's a pocket change to his oga at the top,
It's a chicken change to tinubu courtesy of Lagosians taxpayers money.

That judge must be from other side of the Niger to slam such a bail order on the most respectful member of the Center of excellence. This is why we need to control our borders.
Yoruba ranu.

Meanwhile I just paid my tooooo charge now, I hope it's not going to the bail money.

This case is dragging for too long. Our judiciary is a major cog in the wheel of our anti-corruption crusade.

A good way to start dealing with these dis-honorable thieving crooks! Next is to initiate the impeachment process!

It was this same Judge(Ibrahim Buba), who issued Peter Odili an order of "Perpetual Injunction" restraining the EFCC from arresting, detaining or prosecuting him! "Selective justice"

OK

if they come up with d one billion Kobo, they shd be immediately found guilty and sentenced to death. how can a lawmaker have one billion kobo ?

Pls that 1billion is going into whose acct? Judge or fg?

efcc please come to imo state and arrest rochas for me.

efcc please come to imo state and arrest rochas for me.

Silva79: Pls that 1billion is going into whose acct? Judge or fg?

Sha u no go secndary school ni?
Are u a learner!!!

The don't want to impeach him up till now.

Chineke God of Japan, see ignorant folks abeg. He was granted bail in the sum of 1Billion naira doesnt mean he has to come up with 1,000,000,000 to perfect his bail. Legal heads in the house should shine small light for these ones before they enter the house of ignoramus

So ACN like collecting too. I think say na only garri with kolanuts dem sabi drink and chew... I no know say Jaiye Jaiye PDP syndrome dey ACN AKA APC in the making... Jaiye Baba ni

Who go chop d 1 billion!?

But na chicken change b dat for d Oga...

great

amarilo: That judge must be from other side of the Niger to slam such a bail order on the most respectful member of the Center of excellence. This is why we need to control our borders.
Yoruba ranu.

Meanwhile I just paid my tooooo charge now, I hope it's not going to the bail money.

the Judge na Hausa Man(IBraHiM Buba), and to the best of my Knowledge, hausa's are far more Faithful than the yorubas, so stop being tribal here!

makaveli1: Chineke God of Japan, see ignorant folks abeg. He was granted bail in the sum of 1Billion naira doesnt mean he has to come up with 1,000,000,000 to perfect his bail. Legal heads in the house should shine small light for these ones before they enter the house of ignoramus

abeg, oga professor of law, interprete it for us instead of calling people names, if u can't den stfu.....

These ar d type of judge we want in nigeria. May Almighty God grnd him d bst of dis world nd d hereafta. He shuld hv bn d 1 to handle, akala, lawan, gbenga, alamesia, bode nd al oda bastard. I love d man, he must be a man of God. D hypocrt wulnt c d beauty of Islam in him nw, bt if otherwse, Nairaland wil be ful of neg coment.

While ds move is laudable wht abt governor Silva n his 9bn scam his wife n her 5bn former govs Danjuma goje saminu turaki chimaroke nnamani otunba alao akala etc to d sum of wht blln is there bail.what abt labaran maku n his good governance tour shouldn't dt b probed wht abt privatization of govt companies through BPE what about d scandalous NIPP rendavous more recently wht abt d fuel subsidy scam I can go on n on we all knw dt anti corruption war is at its lowest since 2003 atleast.so who is fooling who.this govt always wnt to give d impression that's its doing smethng whn all nigerians knw its noting.our rulers posterity will judge UuUUu...

Raypawer:

the Judge na Hausa Man(IBraHiM Buba), and to the best of my Knowledge, hausa's are far more Faithful than the yorubas, so stop being tribal here!

true @bolded also more foolish

chidindufrank: The don't want to impeach him up till now.

If it were to be a PDP controlled state,foolish nairalanders would have blamed it on the president abi? now that its tinubu's terrain what do you have to say?

I kinda like this judge, if we could get his types, Nigeria would be a better place..
And then, how would this man ever get 1billion naira bail? In nigerian pidgin english: "he own don don be dat!"

Correct! Let's see dem manoeuvre dis 1. This is d type of judges Ѿε̲̣̣̣̥ need in all of Nigeria courts. By d time they sweat dey asse*s out paying the 1billion d looting won't be worth it. They wuld have to sell @ list 80% of the loot to get out of these.

Governor Fashola! Respects Sir!!

Consider these scenarios:
1. If the Speaker(Mr. Ikuforiji) can pay the bond, then he certainly is guilty of money laundering and will eventually be prosecuted.

2. If the Speaker does not pay up, he is thrown into jail, and the court drags the process till after 2015.


Either way, guilty or not, Mr. Speaker will not be contesting for 2015 Lagos Governorship election.

chineke!,money involving 273 million to pay a huge sum of 1 billion as bail.
why not ask him to return the stolen money.

I billion for bail into which account of the govt is that going?Was he accused for chopping money budgetted for the country?osan tii ni OyO!

take dat: A good way to start dealing with these dis-honorable thieving crooks! Next is to initiate the impeachment process!

It was this same Judge(Ibrahim Buba), wo granted Peter Odili a "Perpetual Injunction" restraining the EFCC from arresting, detaining or prosecuting him! "Selective justice"

Whether selective or not, it is not your concern. Just keep quiet and allow justice to unfold itself.