EFCC arraigns bank manager, others over N59m scam

The Economic and Financial Crimes Commission

EFCC arraigns three persons for allegedly attempting to defraud the University of Ilorin.


A bank manager and two others have been accused of defrauding the University of Ilorin by the Economic and Financial Crimes Commission, (EFCC).

The suspects, a Business Manager with the United Bank of Africa Plc (UBA), University of Ilorin Branch, Sirajudeen Abdullahi;  Segun Adelodun; and John Afolabi have been arraigned on eight charges before a Kwara State High Court sitting in Ilorin .

The accused persons are being prosecuted for allegedly conspiring with three more persons to obtain the sum of N59 million the University of Ilorin Personnel Cost Account with UBA bank.

The Counsel to the EFCC,  Rotimi Oyedepo, informed the court that the prosecution had filed an amended eight count charge dated  August 29, 2012 , pursuant to Section 185(A) of the Criminal Procedure Act of the State and urged  the court to invite the accused persons to take their plea.

The presiding judge, Mahmood Gafar, obliged the application and the three accused persons pleaded not guilty to the charge.  Mr. Oyedepo then asked the court to fix a date for the commencement of trial and remand the accused persons in custody.

Responding, Bashir Oladipo, counsel to Mr. Abdullahi, said he is not against the speedy commencement of trial but prayed the court to allow his client bail.

“We are mindful that the granting of bail is at the discretion of your Lordship. I urge your Lordship to exercise your discretion in favour of the accused person,” Mr. Oladipo submitted.
Counsels to the other accused persons aligned themselves with the position of Mr. Oladipo.However, Mr. Oyedepo objected to the oral application for bail. He said there are facts available to the complainant which cannot be presented except under oath. He urged the court to insist on a formal bail application from the respondents to enable the prosecution place facts against the granting of bail before the court.

After listening to the arguments of counsel, Justice Gafar ruled that the defendants file a proper bail application before the court and adjourned to September 11, 2012 for hearing of the bail application.  He also ordered that the accused persons be remanded in police custody.


PT Mag Campaign AD

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.

Support PREMIUM TIMES' journalism of integrity and credibility

Good journalism costs a lot of money. Yet only good journalism can ensure the possibility of a good society, an accountable democracy, and a transparent government.

For continued free access to the best investigative journalism in the country we ask you to consider making a modest support to this noble endeavour.

By contributing to PREMIUM TIMES, you are helping to sustain a journalism of relevance and ensuring it remains free and available to all.


TEXT AD: To advertise here . Call Willie +2347088095401...

BE THE FIRST TO KNOW! Subscribe to our newsletter

* indicates required


Now available on

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