Two Chinese docked in Nigeria for alleged fraud

Federal High Court Headquarters
Federal High Court Headquarters

The federal government has arraigned two Chinese and a Nigerian before a Federal High Court in Abuja on allegations of criminal conspiracy, forgery and illegal transfer of funds to the tune of about N2.5 billion.

The defendants, Hao Aijun, Liu Yangxi and Obi Anthony Chibuzo were arraigned on a 15-count amended charge by the Inspector General of Police.

They, however, pleaded not guilty to the charges when read to them and their lawyers Akinlolu Kehinde SAN, informed the court of an application for their bail filed on June 14, 2017.

Reacting, the prosecution counsel, David Ighodo, asked the court to remand the defendants in prison custody pending their trial, stressing that the charges preferred against them were grievous.

Mr. Ighodo, while not denying knowledge of the bail application, said bail should not precede arraignment.

He added that the prosecution would respond to the application accordingly and urged the court to remand the defendants till trial commences.

The judge, Nnamdi Dimgba, however, asked the prosecution if the charges against the defendants were bail able and if they have been granted bail by the police.

When the prosecution answered in the affirmative, the court then stood down the case for ten minutes and directed counsel to meet and agree on certain conditions for bail for the defendants which would be subjected to the approval of the court.

When the court resumed, Mr. Igbodo informed the court that counsel have agreed that the defendants be granted bail on the existing conditions except that their traveling documents including international passports be deposited with the court to ensure that they always attend court for their trial.

He said the police had granted the defendants bail in the sum of N5 million and a surety who was a civil servant.

However, Justice Dimgba granted the defendants bail in the sum of N100 million each with two sureties in like sum. The court said the sureties who must be private or professional business persons or public servants who must not be less than grade level 15 must own landed property within Abuja metropolis.

They are also to deposit their international passports with the court and must not travel out of the country without the permission of the court.

He said he granted the bail because the defendants were already enjoying administrative bail and were also available in court to face their trial.

He, however, ordered that the defendants be remanded in prison if they fail to meet the bail conditions within 48 hours.

He also adjourned till July 4 and 5, 2017 for commencement of trial.

Part of the charge reads: That you Hao Aijun ‘f’, Liu Yangxi ‘m’, Obi Anthony Chibuzo ‘m’ and others at large between July 2016 and August 2016 within the jurisdiction of this Honourable court, conspired among yourselves, to wit fraudulent conversion of the total sum of N971m (Nine hundred and seventy one million) naira a fund belonging to BN Ceramics Industry Nigeria Ltd which was domiciled in the Zenith Bank Plc account number 1013840111 a fund which you know or reasonably ought to know, forms part of proceeds of an Unlawful act and thereby committed an offence contrary to section 18 and punishable under section 15 of the Money Laundering (Prohibition) Act 2011 as amended.”


Now available on

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

TEXT AD:DIABETES Is CURABLE! Don't Let It Threaten You! To NORMALIZE Your Blood Sugar In 21Days For Life, Click Here!!!.

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.

  • PolyGon2013

    Don’t let the culprits get away. Part of the money is meant for Biafra.

    • 0tile

      How about the part meant for Oduduwa Republic?

  • Paul Abarkar

    Purchase bitcoin and Tbc at a cheap rate. Contact me on (07063664164)

    Official Bitcoin Prices;
    Naira – N372978.75
    Dollar – $1185.00
    Euro – €1120.20

    Selling rates;
    1 BitCoin = 350,000 naira
    0.5 BitCoin = 175,000 naira
    0.05 BitCoin = 17,500 naira
    BUY 1TBC FOR N1000 only*
    ​5TBC for #5000​
    ​25TBC for #20000​
    ​60TBC for #50000​
    Thanks for your patronage…..Note: I fund your wallet after i receive payment. Pls only serious buyers should
    message or whatsapp me on (07063664164)!