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Alleged N3.9bn Fraud: Late Badeh’s Company To Open Defence March, 4 - Politics - Nairaland

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Alleged N3.9bn Fraud: Late Badeh’s Company To Open Defence March, 4 by olajay86(m): 6:10pm On Feb 26, 2019
http://www.titopeblog.com/2019/02/alleged-n39bn-fraud-late-badehs-company.html

A Federal High Court sitting in Abuja, has fixed March 4, for the company of late Air Chief Marshal Alex Badeh, Iyalikam Nigeria Limited, to open its defence.

Iyalikam Nigeria Limited was standing trial along with Badeh on an amended 14-count charge bordering on criminal breach of trust, abuse of office and money laundering to the tune of N3.9 million.

EFCC spokesman, Tony Orilade, in a statement said the trial judge had at the last sitting of January 16, 2019 fixed February 26, 2019, for the continuation of the case, giving time for the prosecution and the defence to decide on the direction that they would want the Court to go with regards to the trial, following the death of Badeh on December 18, 2018.

At the resumed sitting, today, at the court presided by Justice Okon Abang, Samuel Zibiri, who held brief for S.T. Ologunorisa, SAN, lead counsel for the company, informed the court that the first defendant died intestate, and so it fell on the second defendant to open the defence.

He then reportedly requested for a “very short” adjournment to enable Iyalikam Nigeria Limited’s team to do the needful.

Prosecuting counsel, Rotimi Jacobs, SAN, was said no to have raised any objections.

Justice Abang, thereafter, adjourned for the company to open its defence.

It will be recalled that the EFCC had closed its case against the late Badeh and the company, on October 23, 2018 after calling 21 witnesses, thus necessitating the need for the defence to open its case, before the unfortunate incident of his death.

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