How Ikuforiji, Lagos Speaker, transferred millions of state funds into personal accounts – EFCC

Adeyemi Ikuforiji allegedly misappropriated over N36 million.

The trial of the Speaker of the Lagos State House of Assembly, Adeyemi Ikuforiji, by the Economic and Financial Crimes Commission, EFCC, began on Tuesday with the commission detailing how the accused funnelled over N36 million legislature’s money into his personal accounts.

Mr. Ikuforiji and his aide, Oyebode Atoyebi, are facing a 20-count charge of money laundering, and conspiring and accepting cash payments to the tune of N500 million from the House without going through a financial institution.

An EFCC investigator, Adeniyi Adebayo, being led in evidence by the anti graft agency’s counsel, Godwin Obla, narrated how various sums of money was paid into Mr. Ikuforiji’s bank account in one year.

Between July 2010 and August 2011, N36.52 million from the House of Assembly’s Cash Office were deposited into the Lagos Speaker’s private bank accounts, according to Mr. Adebayo.

The sum of N6 million was deposited on July 2, 2010; N5 million on August 1, 2010; N5 million on July 9, 2011; N4 million on July 27, 2011; N10.52 million on August 31, 2011; and N6 million on October 8, 2011; the EFCC said.

“Part of the cash received from the cash office of the Accounts Department of the Lagos House of Assembly by the second accused (Mr. Atoyebi) was used to run errand for the first accused (Mr. Ikuforiji),” Mr. Adebayo told the court.

“I cannot remember what specifically the errands were,” he added.

‘Jamboree payments’

Both accused sat in the dock of the overcrowded court room, Mr. Ikuforiji, in dark sun glasses, focusing his attention on the trial judge.

The EFCC counsel tendered an exhibit before the court, a statement purportedly made by Mr. Atoyebi in October 12, 2012, in which he admitted to have collected the various cash payments from the Assembly’ s Cash Office and how he deposited the N36.52 million into Mr. Ikuforiji’s bank accounts.

In addition to allegedly converting state funds to private use, Mr. Ikuforiji was further accused by the EFCC of signing off various sums of money under shady circumstances.

The commission said that they possess statements by other members of the House of Assembly and civil servants in the state legislature detailing such jamboree payments.

For instance, Bolaji Ayinla, a member representing Mushin Constituency 11, stated how, with the speaker’s approval, he collected N22 million in cash for members of the House of Assembly and the staff of the legislature for the 2011 Ramadan celebration.

Lambo Abosede, a civil servant, stated how she paid N7 million to Tell magazine in April 7, 2011.

Another civil servant, Toyin Atekoja, who works at the House’s Accounts Section stated that “various cash payments were made to various persons.”

According to the EFCC, Ms. Atekoja said that 14 members of the House each received N1,128,859, in cash, for the second conference and annual general meeting of Commonwealth Parliament Association held in Kigali, Rwanda.

Mr. Atoyebi allegedly collected, in cash, N3,313,721.90 on behalf of the speaker for the same purpose.

Okechukwu Okeke, the trial judge, fixed March 19, 20 and 21 for continuation of trial.

A lengthy trial

Mr. Ikuforiji and his aide were arraigned in March last year but the trial had witnessed several frustrating delays leading to opposition parties questioning the seriousness of the EFCC to prosecute the Lagos Speaker.

The prosecution failed to attend court proceedings twice in November, last year, forcing the court to adjourn.

The speaker, who had declared an interest to run for governor in the state, in 2015, was initially arraigned before Justice John Tsoho in December 2011.

Mr. Tsoho chose to opt out of the case for undisclosed reasons.

Although Mr. Okechukwu, the current judge is due for retirement in May; he turned down the EFCC’s application to stay the trial proceedings and re-assign the case to another judge.

The EFCC had stated that Mr. Adebayo is the first of the “numerous” witnesses it would produce to testify before the court.

If the trial does not end before Mr. Okechukwu’s retirement, it would be transferred to another judge who would begin afresh.


DOWNLOAD THE PREMIUM TIMES MOBILE APP

Now available on

  Premium Times Android mobile applicationPremium Times iOS mobile applicationPremium Times blackberry mobile applicationPremium Times windows mobile application

TEXT AD: Revealed!!! The Only Way Left of Getting an Extra Large Manhood and also Last Up to 38Mins+. Get the Insider Secret Here


TEXT AD: This NAFDAC APPROVED Solution Will Make You Stay Longer Than 40Mins In Bed Tonight And Help Your Erection. Click Here To Read The Free Reports


All rights reserved. This material and any other material on this platform may not be reproduced, published, broadcast, written or distributed in full or in part, without written permission from PREMIUM TIMES.


  • olumide

    I d̶̲̥̅̊ε̲̣̣̣̥γ̲̣̣ laugh .All those claiming rightousness will ₪o† talk now.

  • Mpitikwelu_na_Ugwu_Awusa

    APC IS THE ANSWER.

    • Es3

      Ikuforji, courtesy of his officila poistion, is a senior member of ACN and APC!
      How are they better than the PDP we all villify here?

  • Bem Kator

    This is a very shocking revelation from a state or House that is claiming to be one that represents and is serving the best interest of their people.
    I want to believe that there is so much in that state that is yet to be revealed.
    Where is Lai Mohammed now. Why didn’t he point out to the public that the (Dis)honourable speaker of the state assembly was helping himself with money meant for other things.

  • WHAT A HELL? SOME BODY IS SAYING THAT APC IS THE ANSWER. WHO ARE THE APC IS STILL THE ACN. THEY ARE THE ANSWER BECAUSE THE STEEL MONEY, YOUR KIDDING ME MAN. WE DON’T NEED THIS. PEOPLE WILL ALWAYS HAVE SOME THING TO SAY IF THIS HAD HAPPEN IN PDP, GOD HELP US

  • Fatrick

    I’m not surprised about the above detail which were once again revealed in the court. It goes a long way in exposing the high level corruption that has been going on in most of the states controlled by the Bola Tinubu boys.
    If nothing is done about this wanton looting, the treasury of such states will sooner than later be emptied by this Bola of a guy.
    I want to believe that such huge amount of money was used at one point in time or the other to sponsor Bola Tinubu’s trips, ceremonies, etc

  • where was tinubu and fashola dancing owambe when he was busy stealing-in Siberia abi–perhaps he is related to president jonathan in bayelsa state-except them the views of other 9jas don’t matter-to APC-where are the remaining 33 thieves ribadu the VP to Tinubu or ACN told the world that existed in Nigeria-are our prisons meant for only Ijaw governors?