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Court Acquits former Lagos Speaker Ikuforiji of Money Laundering Charges

The Federal High Court sitting in Lagos has discharged and acquitted a former Speaker of the Lagos State House of Assembly, Adeyemi Ikuforiji, of 54 counts of money laundering charges.

Delivering judgment, Justice Liman held that the prosecution failed to discharge the burden of proof placed on it by the provisions of the law.

According to reports Ikuforiji is charged by the Economic and Financial Crimes Commission (EFCC) alongside Atoyebi on a 54-count charge bordering on alleged N338.8 million money laundering.

They had each pleaded not guilty and were allowed to continue on an earlier bail granted to them in 2012 when they were first arraigned.

On March 17, 2021, the EFCC had closed its case after calling the second witness for the prosecution. Prosecution called a total of two witnesses in support of its case.

Meanwhile, Justice Liman was later transferred out of the Lagos division and the case suffered several set backs.

On May 4, 2023, defence counsel Dele Adesina (SAN), had opened the case for the defence.

The defence had called three witnesses, ncluding the first defendant (Ikuforiji). Among others, Ikuforiji had testified how he was being prosecuted on a faceless petition.

He had told the court that the instant case arose from a petition written by an unknown person, alleging that he had stolen about N7 billion from the Lagos House of Assembly.

Parties adopted their final addresses on May 17, while the court reserved judgement.

Justice Liman first struck out count one of the charge, on grounds of discrepancies in the timeline .

 

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