SPEAKER of the Lagos State House of Assembly, Adeyemi Ikuforiji and his Personal Assistant, Oyebode Atoyebi, have been re-arraigned by the Economic and Financial Crimes Commission (EFCC) before Justice Ibrahim Buba of the Federal High Court, Lagos. They were re-arraigned over alleged involvement in money laundering to the tune of N338,801,442 from the state House of Assembly without going through a financial institution.
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.
The duo, who were re-arraigned on an amended 54-count charge bordering on the offence, pleaded not guilty to the charge.
Shortly after the re-arraignment and their plea taken, counsel to the EFCC, Godwin Obla, intimated the court of the commission’s readiness to proceed with the trial of the case.
But counsel to the Speaker, Tayo Oyetibo (SAN), informed the court that the accused had earlier been granted bail on self-recognition by the former trial judge, Justice Okechukwu Okeke (rtd).
The Senior Advocate explained further that the personal assistant was granted bail, with the Clerk of the House standing as surety and, therefore, prayed the judge to consider varying the terms of bail initially granted by the former trial court, which had been perfected.
Oyetibo stated further that since the accused were granted bail by the former trial court, they have been consistently present in court except at the last adjourned date on the matter when they were not served.
Also, EFCC said yesterday that it is closing the case against Michael Igbinedion by September 23.