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EFCC Re-arraigns Alao-akala, Two Others Over Alleged N11.5bn Fraud - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / EFCC Re-arraigns Alao-akala, Two Others Over Alleged N11.5bn Fraud (13283 Views)

N11.5bn School Chairs Contracts Smuggled Into NDDC Budget - IMC / FG Re-Arraigns Omoyele Sowore For ‘Treason’ / EFCC Arrests BORMA Permanent Secretary, Others For Alleged N11.3m Fraud (2) (3) (4)

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EFCC Re-arraigns Alao-akala, Two Others Over Alleged N11.5bn Fraud by DONSMITH123(m): 3:05pm On Mar 05, 2018
The Economic and Financial Crimes Commission on Monday re-arraigned a former governor of Oyo State, Adebayo Alao-Akala, and two others in an Oyo State High Court sitting in Ibadan over alleged N11.5bn fraud.

The News Agency of Nigeria reports that the other defendants are a former Oyo State Commissioner for Local Government and Chieftaincy Matters, Senator Hosea Agboola; and an Ibadan-based businessman, Femi Babalola.

The defendants are facing 11 counts bordering on conspiracy, awarding a contract without budgetary provision, obtaining by false pretence, acquiring property with money derived from an illegal act and concealing the ownership of such property, among others.

EFCC’s counsel, Dr. B. Ubi, told the court that when Alao-Akala was the governor of Oyo State, he awarded a road contract worth N8.5bn between 2007 and 2009 to Pentagon Engineering Services.

Ubi alleged that the firm, owned by Babalola, handled the contract on behalf of the 33 local governments without budgetary provision.

The counsel further claimed that Alao-Akala ordered the supply of drilling machines on behalf of the 33 local governments in the state to the tune of N3.5bn.

He also alleged that Alao-Akala conspired with Ayoola to withdraw N2.9bn from Oyo State Local Government Joint Account.

The prosecutor told the court that Alao-Akala also illegally acquired some property on Old Bodija road, off Rotimi Williams road, when he was the governor of the state.

He said the offences contravened Section 22 (4) of the Corrupt Practices and Other Related Offences Act and Section 1 (18) of the Advanced Fee Fraud Act.

The defendants, however, pleaded not guilty to the charges.

Mr. Hakeem Afolabi, a Senior Advocate of Nigeria and counsel to Alao-Akala and Babaloa prayed the court to exercise its discretion in granting bail to the defendants.

Afolabi said the charge before the court was not a fresh one but a re-arraignment.

He said the matter was first filed on October 11, 2011 before Justice Moshood Abas and bail was granted after the defendants met the conditions.

NAN recalls that the defendants had also appeared before Justice Akintunde Boade and Justice Bayo Taiwo who was recently transferred out of Ibadan Division.

Afolabi said Alao-Akala was granted bail in the sum of N5m with two sureties in like sum; while the other defendants were granted bail in the sum of N3m each with two sureties in like sum.

Afolabi urged the court to allow the defendants to enjoy their earlier bail conditions.

Mr. Richard Ogunwole, another Senior Advocate of Nigeria and counsel to Ayoola, aligned with the submission of Alao-Akala’s counsel.

The EFCC’s counsel said he would not oppose the bail applications.

Justice Muniru Owolabi granted the defendants’ prayers and adjourned the case till April 16 for trial.

http://punchng.com/efcc-re-arraigns-alao-akala-two-others-over-alleged-n11-5bn-fraud/

1 Like

Re: EFCC Re-arraigns Alao-akala, Two Others Over Alleged N11.5bn Fraud by madridguy(m): 3:09pm On Mar 05, 2018
The bleaching governor. shocked

4 Likes 1 Share

Re: EFCC Re-arraigns Alao-akala, Two Others Over Alleged N11.5bn Fraud by Omeokachie: 3:12pm On Mar 05, 2018
For the headlines to give a false semblance of balance.


Watch as this case will foot-drag afterwards. Buhari needs Ogbomosho votes from Akala.

16 Likes 1 Share

Re: EFCC Re-arraigns Alao-akala, Two Others Over Alleged N11.5bn Fraud by anibirelawal(m): 3:20pm On Mar 05, 2018
OK.
Re: EFCC Re-arraigns Alao-akala, Two Others Over Alleged N11.5bn Fraud by soberdrunk(m): 3:30pm On Mar 05, 2018
Everyday since 2015 we hear EFCC "araigns" "recovers" "discovered" "traced" "investigates" "detains" yet not 1 single politician in jail, how can you be fighting corruption for "THREE YEARS" and nobody has been sent to jail We don't want to hear again, Magu should keep the news to himself until politicians start wearing prison uniforms!!! angry

24 Likes 1 Share

Re: EFCC Re-arraigns Alao-akala, Two Others Over Alleged N11.5bn Fraud by wwwtortoise(m): 3:31pm On Mar 05, 2018
It will be easier for Arsenal to win the EPL than for EFCC to win an anti-graft court case.

17 Likes 1 Share

Re: EFCC Re-arraigns Alao-akala, Two Others Over Alleged N11.5bn Fraud by Flatties: 3:31pm On Mar 05, 2018
angry
Re: EFCC Re-arraigns Alao-akala, Two Others Over Alleged N11.5bn Fraud by Nobody: 3:31pm On Mar 05, 2018
Wonders shall never end. Please check my signature
Re: EFCC Re-arraigns Alao-akala, Two Others Over Alleged N11.5bn Fraud by Talkingboy: 3:34pm On Mar 05, 2018
d
Re: EFCC Re-arraigns Alao-akala, Two Others Over Alleged N11.5bn Fraud by wasyouy: 3:34pm On Mar 05, 2018
grin

Re: EFCC Re-arraigns Alao-akala, Two Others Over Alleged N11.5bn Fraud by dadebayo1(m): 3:36pm On Mar 05, 2018
Omeokachie:
For the headlines to give a false semblance of balance.


Watch as this case will foot-drag afterwards. Buhari needs Ogbomosho votes from Akala.



grin ogbomosho vote....
Re: EFCC Re-arraigns Alao-akala, Two Others Over Alleged N11.5bn Fraud by deji17: 3:39pm On Mar 05, 2018
But he joined APC the other time. Why is Buhari falling people's hand like this? grin grin grin grin

4 Likes

Re: EFCC Re-arraigns Alao-akala, Two Others Over Alleged N11.5bn Fraud by University123: 3:50pm On Mar 05, 2018
soberdrunk:
Everyday since 2015 we hear EFCC "araigns" "recovers" "discovered" "traced" "investigates" "detains" yet not 1 single politician in jail, how can you be fighting corruption for "THREE YEARS" and nobody has been sent to jail We don't want to hear again, Magu should keep the news to himself until politicians start wearing prison uniforms!!! angry

Easier said than done.

1 Like

Re: EFCC Re-arraigns Alao-akala, Two Others Over Alleged N11.5bn Fraud by Fesomu(m): 3:52pm On Mar 05, 2018
soberdrunk:
Everyday since 2015 we hear EFCC "araigns" "recovers" "discovered" "traced" "investigates" "detains" yet not 1 single politician in jail, how can you be fighting corruption for "THREE YEARS" and nobody has been sent to jail We don't want to hear again, Magu should keep the news to himself until politicians start wearing prison uniforms!!! angry
Thats the work of judiciary and your stupid lawmakers. If Buhari uses force, same you go call an tyrant

14 Likes 4 Shares

Re: EFCC Re-arraigns Alao-akala, Two Others Over Alleged N11.5bn Fraud by jaxxy(m): 3:54pm On Mar 05, 2018
Im actually not surprised. If only these prosecutions cud be done the proper and effective way Nigeria will get better
Re: EFCC Re-arraigns Alao-akala, Two Others Over Alleged N11.5bn Fraud by deji17: 3:56pm On Mar 05, 2018
Fesomu:
Thats the work of judiciary and your stupid lawmakers. If Buhari uses force, same you go call an tyrant

It takes the Nigeria judicial system to delivers justice on a case about 5 years on the average.

2 Likes

Re: EFCC Re-arraigns Alao-akala, Two Others Over Alleged N11.5bn Fraud by Nobody: 3:56pm On Mar 05, 2018
DONSMITH123:
The Economic and Financial Crimes Commission on Monday re-arraigned a former governor of Oyo State, Adebayo Alao-Akala, and two others in an Oyo State High Court sitting in Ibadan over alleged N11.5bn fraud.

The News Agency of Nigeria reports that the other defendants are a former Oyo State Commissioner for Local Government and Chieftaincy Matters, Senator Hosea Agboola; and an Ibadan-based businessman, Femi Babalola.

The defendants are facing 11 counts bordering on conspiracy, awarding a contract without budgetary provision, obtaining by false pretence, acquiring property with money derived from an illegal act and concealing the ownership of such property, among others.

EFCC’s counsel, Dr. B. Ubi, told the court that when Alao-Akala was the governor of Oyo State, he awarded a road contract worth N8.5bn between 2007 and 2009 to Pentagon Engineering Services.

Ubi alleged that the firm, owned by Babalola, handled the contract on behalf of the 33 local governments without budgetary provision.

The counsel further claimed that Alao-Akala ordered the supply of drilling machines on behalf of the 33 local governments in the state to the tune of N3.5bn.

He also alleged that Alao-Akala conspired with Ayoola to withdraw N2.9bn from Oyo State Local Government Joint Account.

The prosecutor told the court that Alao-Akala also illegally acquired some property on Old Bodija road, off Rotimi Williams road, when he was the governor of the state.

He said the offences contravened Section 22 (4) of the Corrupt Practices and Other Related Offences Act and Section 1 (18) of the Advanced Fee Fraud Act.

The defendants, however, pleaded not guilty to the charges.

Mr. Hakeem Afolabi, a Senior Advocate of Nigeria and counsel to Alao-Akala and Babaloa prayed the court to exercise its discretion in granting bail to the defendants.

Afolabi said the charge before the court was not a fresh one but a re-arraignment.

He said the matter was first filed on October 11, 2011 before Justice Moshood Abas and bail was granted after the defendants met the conditions.

NAN recalls that the defendants had also appeared before Justice Akintunde Boade and Justice Bayo Taiwo who was recently transferred out of Ibadan Division.

Afolabi said Alao-Akala was granted bail in the sum of N5m with two sureties in like sum; while the other defendants were granted bail in the sum of N3m each with two sureties in like sum.

Afolabi urged the court to allow the defendants to enjoy their earlier bail conditions.

Mr. Richard Ogunwole, another Senior Advocate of Nigeria and counsel to Ayoola, aligned with the submission of Alao-Akala’s counsel.

The EFCC’s counsel said he would not oppose the bail applications.

Justice Muniru Owolabi granted the defendants’ prayers and adjourned the case till April 16 for trial.

http://punchng.com/efcc-re-arraigns-alao-akala-two-others-over-alleged-n11-5bn-fraud/


Was this the governor of Oyo state wen Yorubas killed many fulani people in reprisal attack that made Buhari to visit the state
Re: EFCC Re-arraigns Alao-akala, Two Others Over Alleged N11.5bn Fraud by soberdrunk(m): 3:59pm On Mar 05, 2018
Fesomu:
Thats the work of judiciary and your stupid lawmakers. If Buhari uses force, same you go call an tyrant


The typical Nigerian blame game, the judiciary will blame the executive, executive will blame the legislative and the cycle goes on........
Re: EFCC Re-arraigns Alao-akala, Two Others Over Alleged N11.5bn Fraud by GavelSlam: 4:00pm On Mar 05, 2018
soberdrunk:
Everyday since 2015 we hear EFCC "araigns" "recovers" "discovered" "traced" "investigates" "detains" yet not 1 single politician in jail, how can you be fighting corruption for "THREE YEARS" and nobody has been sent to jail We don't want to hear again, Magu should keep the news to himself until politicians start wearing prison uniforms!!! angry

Do you even understand the concept of separation of powers?

2 Likes 1 Share

Re: EFCC Re-arraigns Alao-akala, Two Others Over Alleged N11.5bn Fraud by Firstpage: 4:00pm On Mar 05, 2018
PrecisionFx:



Was this the governor of Oyo state wen Yorubas killed many fulani people in reprisal attack that made Buhari to visit the state

Yes he was.
Re: EFCC Re-arraigns Alao-akala, Two Others Over Alleged N11.5bn Fraud by GavelSlam: 4:00pm On Mar 05, 2018
soberdrunk:



The typical Nigerian blame game, the judiciary will blame the executive, executive will blame the legislative and the cycle goes on........

...And you would blame the executive.

2 Likes

Re: EFCC Re-arraigns Alao-akala, Two Others Over Alleged N11.5bn Fraud by Nobody: 4:03pm On Mar 05, 2018
Firstpage:


Yes he was.
We now know where.Buhari is going with this. Tinubu n the Yoruba race would be fools if they agree to work with Buhari by 2019.

Imagine how Buhari treats Nigerians wen he still need their votes. That should show how he will treat Nigerians beyond may 2019 wen he doesn't need our votes anymore
Re: EFCC Re-arraigns Alao-akala, Two Others Over Alleged N11.5bn Fraud by rhemmiedream(m): 4:05pm On Mar 05, 2018
Firstpage:


Yes he was.
Olodo forming itk...You should have just said " I don't know"..stop misleading people on a public forum.
Re: EFCC Re-arraigns Alao-akala, Two Others Over Alleged N11.5bn Fraud by soberdrunk(m): 4:06pm On Mar 05, 2018
GavelSlam:


Do you even understand the concept of separation of powers?




So our dear president did not know about 'separation of powers' when he was preaching the 'anti-corruption' gospel?
Re: EFCC Re-arraigns Alao-akala, Two Others Over Alleged N11.5bn Fraud by Firstpage: 4:09pm On Mar 05, 2018
rhemmiedream:

Olodo forming itk...You should have just said " I don't know"..stop misleading people on a public forum.

I only wanted that idiot to wail.

1 Like

Re: EFCC Re-arraigns Alao-akala, Two Others Over Alleged N11.5bn Fraud by Firstpage: 4:10pm On Mar 05, 2018
PrecisionFx:

We now know where.Buhari is going with this. Tinubu n the Yoruba race would be fools if they agree to work with Buhari by 2019.

Imagine how Buhari treats Nigerians wen he still need their votes. That should show how he will treat Nigerians beyond may 2019 wen he doesn't need our votes anymore

I only gave you a reason to wail. Knowing you ibos are born to cry.

He wasn't.

grin grin grin

1 Like

Re: EFCC Re-arraigns Alao-akala, Two Others Over Alleged N11.5bn Fraud by chuksjuve(m): 4:13pm On Mar 05, 2018
Efcc always arraigning and wining on the pages of newspapers but no convinction recorded..

Efcc toothless bulldog of Buhari

2 Likes 1 Share

Re: EFCC Re-arraigns Alao-akala, Two Others Over Alleged N11.5bn Fraud by RealGucci: 4:19pm On Mar 05, 2018
wen u up stay humble
wen u down remain loyal
we all know crime meant for the rich
last last na bail.
afonjas wit bleaching
the whole oyo state needs cleansing
they see bleaching as flexxing
5 figers each with diff colors
face red
legs dark
pussi red

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