Skip to main content

Abuja Court grants Ohakim N270m bail for N270m fraud


Justice Adeniyi Ademola of the Federal High Court in Abuja has granted former Imo state governor, Ikedi Ohakim bail of N270 million in a N270 million fraud case which he is standing trial for. The former governor was arraigned over a N270 million fraud he allegedly committed in 2008 while he was governor.  


While delivering his judgement, the judge ordered EFCC officials to seize the former governor's passport and other travel documents and deposit it at the office of the Deputy Chief Registrar of the court until his bail conditions are met. Justice Adeniyi however did not state where the accused will be remanded.

Ohakim is standing trial for a three count charge of fraud which includes buying a property in Asokoro, Abuja for $2.29m and concealing the ownership of the property. He allegedly connived with Tweenex Consociates H.D. Ltd. ‎to portray him as a tenant in the property.
One of the three count charges against him read,
“That you, Ikedi Ohakim, on or about January 26, 2013 in Abuja within the jurisdiction of the Federal High Court, while under arrest for an offence under the Economic and Financial Crimes Commission Establishment Act, 2004 knowingly failed to make a full disclosure of your assets by not declaring your ownership of the property known and described as Plot No. 1098 Cadastral Zone A04, Asokoro District- it is also known as No.60, Kwame Nkurumah Street, Asokoro, Abuja and thereby committed an offence contrary to Section 27(3)(c) of the Economic and Financial Crimes Commission Establishment Act, 2004 and punishable under the same section.”

Comments

Popular posts from this blog

NEWSPAPER REVIEW, Friday, June 10, 2016

NEW TELEGRAPH •Saraki to Buhari: Shop for best brains to fix economy ....President must form an all-inclusive government....Senators lament state of economy •Bank CEO’s agree to reduce job cuts •DSS bursts terrorist cell in Kano ..Boko Haram has no link with I.S.---•U.S...World Bank approves $575million for N/East •Again, militants blow up Shell facility •Pinnick: FG, NFF to participate in Keshi’s burial •Artificial kidney raises hope for dialysis patients BLUE PRINT •Your government not inclusive, Saraki tells Buhari •Labour to picket banks over mass sack •Bauchi gets first female chief judge •We’ve secured enough land for cattle ranches---FG •Buhari wants Senate to confirm 46 Ambassadors-nominees •DSS bursts ISIS sleeper cells in Kano AUTHORITY •Ambassadorial nominees: Buhari shuns politicians ...picks 47 career civil servants...eleven women make list •FG neglected herdsmen, says Audu Ogbeh •Only restructuring can save Nigeri—Nwabueze •FG to immortalize Ste...

Season Greetings From The Mandate Health Empowerment Initiative (MHEI)

Merry Christmas and a blissful mentally healthy new year great minds! Please if you are interested in humanitarian, community service Join The Mandate Health Empowerment Initiative Volunteer Team! As we engage Africa in Mental Health Literacy, Psychosocial Support Campaign and Prevent Drugs and Substance Dependency across all sectors! There are more people living with mental illness than people living with HIV AIDS!  Be Involved www.mhfnigeria.org  www.facebook.com/mhf2015 @infomhei just drop a line message of interest. God bless you

All The Winners At The 2014 Headies Awards

The Headies awards 2014 wrapped up a few hours ago at the Eko Hotel in Lagos and Olamide, Davido and Patoranking were stars of the night earning 2 awards each. The Mavin crew would be happy on the night as Don Jazzy snapped up the producer of the year, and his team grabbed the pop single of the year with Dorobucci. It didn’t end there for the Mavins as their new act, Reekado Banks snatched the rookie of the year and deservedly so. The night also featured some great performances. See the complete list of winners below; Best R&B Single – Let Somebody Love You by 2face Idibia. Best Pop Single – Dorobucci by The Mavins Best Rap Single – Parcel by Phyno Best Street Hop – Double Wahala by Oritsefemi Best Vocal Performance (Male) – Iyawo Mi by Timi Dakolo Best R&B/Pop Album – The Journey by Sean Tizzle Best Vocal Performance (Female) – Love To Love You by Niyola. Best Rap Album – Baddest Guy Ever Liveth by Olamide. Best Reggae/Dancehall – Girlie O by Pator...