N8 billion currency scam: Fresh application for plea bargain stalls trial

Naira notes
Naira notes

Justice Joyce Abdulmaleek of the Federal High Court, Ibadan, on Thursday adjourned till December 6 hearing on the plea bargain process between Olunike Afolabi and the EFCC in the ongoing N8 billion currency scam case.

Afolabi, Kolawole Babalola, Adeola Olaniran, Philip Togun and Adewale Ademola along with others had since 2015 been standing trial over multiple charges bordering on conspiracy, forgery, stealing and recirculation of N8 billion, property of the Central Bank of Nigeria.

Ms. Abdulmaleek adjourned the case to allow Afolabi and the EFCC conclude all the processes involved in the plea bargain arrangement.

She said the adjournment would also allow the charge sheets to be amended to reflect the current realities.

The News Agency of Nigeria (NAN) reports that at the resumed trial, counsel to Afolabi, Adewole Olajire, had announced that his client had begun a plea bargain process with the EFCC.

Mr. Olajire said that the whole process would be completed within two weeks.

Other defence counsel led by Olayinka Bolanle urged the court to consider the plea bargain application and adjournment in the interest of justice and fair trial.

Adebisi Adeniyi, the prosecuting counsel, who confirmed receipt of the plea bargain application, also urged the court to grant the adjournment .

One of the six accused persons, Oni Ademola, had earlier been convicted through the plea bargain process.



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.

  • Kay Soyemi (Esq.)

    Get out jail free card!

    As long as there is no restitution for crimes against the state in Nigeria, the country’s march towards greatness will remain stultified.

    Why did the prosecutor allow or support this without the accused changing their plea?