EFCC Docks Businesswoman For Alleged N30m Fraud
The Lagos Command of the Economic and Financial Crimes Commission, EFCC, on Wednesday, May 25, 2022, arraigned one Olubunmi Akitoye Adeola on a 12-count charge bordering on stealing and possession of fraudulent documents to the tune of N30,000,000.00( Thirty Million Naira) before Justice A.O. Okunuga of the Lagos State High Court sitting in Ikeja, Lagos.
One of the counts reads: “That you, Olubunmi Akintoye Adeola (Trading under the name and style of Fola
Mart International), on or about the 11th October, 2021 in Lagos, within the jurisdiction of this Honourable Court, dishonestly converted to your own use the sum of N25,000,000 (Twenty-five Million Naira), property of Alhaja Bolaji Fowosire and Iceland International Limited.”
Another count reads: “That you, Olubunmi Akintoye Adeola (Trading under the name and style of Fola
Mart International), on or about the 12th October, 2021 in Lagos, within the jurisdiction of this Honourable Court, dishonestly converted to your own use the sum of N30,000,000 (Thirty Million Naira), property of Alhaja Bolaji Fowosire and Iceland International Limited.”
She pleaded “not guilty” to the charge when it was read to her.
Following her plea, the prosecuting counsel, M. K. Bashir, prayed the court for a trial date and also for the remand of the defendant at the facility of the Nigerian Correctional Service.
The defence counsel, M.A. Bala, informed the court about a bail application dated May 9, 2022 for the defendant and also prayed for a short date for bail hearing.
Thereafter, Justice Okunuga adjourned till Wednesday, June 1, 2022 for bail hearing and also ordered that the defendant be remanded at Kirikiri Correctional facility, Lagos.
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