Court Set To Resume Trial Of Ex-NDDC Boss In January - Khorgist.com

Breaking

Post Top Ad

Advertise Here

Post Top Ad

STAY SAFE




Tuesday, 17 December 2019

Court Set To Resume Trial Of Ex-NDDC Boss In January

The trial of Tuoyo Omatsuli, former Director of the Niger Delta Development Commission charged with alleged fraud of N3.6 billion will resume Jan 17th


Tuoyo Omatsuli



A Federal High Court in Lagos will on Jan. 17, resume trial of a former Director of the Niger Delta Development Commission (NDDC), Tuoyo Omatsuli, and others charged with N3.6 billion fraud.

The trial was slated in the cause list for continuation on Tuesday, but it has been rescheduled.

The News Agency of Nigeria (NAN) reports that Omatsuli is facing trial together with Don Parker Properties Ltd., Francis Momoh and Building Associates Ltd. as second, third and fourth defendants, respectively.

They were arraigned on a 45-count-charge bordering on corruption, gratification, fraud and money laundering.

The defendants, however, pleaded not guilty to the charge and were granted bail in the sum of N100 million each with two sureties each in like sum.

The prosecution has called 10 witnesses in the trial.

According to the Economic and Financial Crimes Commission, the defendants committed the offences from August 2014 to September 2015.

The commission alleged that Omatsuli procured the fourth defendant to utilise N3.6 billion paid by Starline Consultancy Services Ltd. into an account operated by the fourth defendant.

It said that the sum formed part of the proceeds of unlawful activities, including corruption and gratification.

The alleged offences contravene the provisions of Sections 15(1), 15(2), 15(3) and 18 of the Money Laundering (Prohibition) Act, 2011, as amended by Act No. 1 of 2012.










No comments:

Read Comment Policy ▼
PLEASE NOTE:
We have Zero Tolerance to Spam. Chessy Comments and Comments with Links will be deleted immediately upon our review.

Post a Comment

Post Top Ad




Do you ever witness news or have a story that should be featured on Khorgist ?
Submit your stories, pictures and videos to us now via WhatsApp: +2347064258615, Social Media @khorgist_com: Email: [email protected] More information here.