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    Lafarge Africa Rebrands As HBM Nigeria Plc, Signals New Era Under Huaxin Ownership

    Lafarge Africa Rebrands As HBM Nigeria Plc, Signals New Era Under Huaxin Ownership

    CBN Revokes Licences of Two Ogun Microfinance Banks, 44 Others Over Regulatory Breaches

    CBN Revokes Licences of Two Ogun Microfinance Banks, 44 Others Over Regulatory Breaches

    Dayo DaSilva Unveils Entrepreneurial Blueprint to Drive Business Growth

    Dayo DaSilva Unveils Entrepreneurial Blueprint to Drive Business Growth

    Elon Musk Makes History As World’s First Trillionaire After SpaceX Stock Market Debut

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    Otedola Sells Geregu Stake To Buy Into Dangote Refinery IPO

    Otedola Sells Geregu Stake To Buy Into Dangote Refinery IPO

    FAAC Windfall: FG, States, LGs Share N2.04tn for March, Record N150bn Revenue Increase

    FAAC Windfall: FG, States, LGs Share N2.04tn for March, Record N150bn Revenue Increase

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    ‘Career and Motherhood Can Coexist,’ Eugenia Abu Urges Women To Build Families Early 

    ‘Career and Motherhood Can Coexist,’ Eugenia Abu Urges Women To Build Families Early 

    Babatunde Adeyemo: Celebrating a Visionary Leader, Philanthropist and Real Estate Champion on His Birthday

    Babatunde Adeyemo: Celebrating a Visionary Leader, Philanthropist and Real Estate Champion on His Birthday

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    Trending Tags

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Ogun Guber ’23: FG Arraigns Ladi Adebutu, Others Over Alleged Money Laundering

The Daily Crucible by The Daily Crucible
February 6, 2024
in News
0
Ogun Guber ’23: FG Arraigns Ladi Adebutu, Others Over Alleged Money Laundering

 

The Federal Government on Tuesday arraigned Oladipupo Adebutu before an Ogun State High Court sitting in Abeokuta, the State capital, on seven count charges bordering on money laundering and other offences, with case number AB/10c/2023 (FRN Vs Adebutu &Ors.

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Adebutu, the Peoples Democratic Party (PDP) candidate for the gubernatorial election held on March 18, 2023, was accused of criminal inducement during the poll by security agents alongside other members of his party

He was alleged to have ordered through his bank the issuance of 200,000 preloaded ATM verve cards with N10,000 and distributed same on the day of election across the State with criminal intention of inducing voters in the State.

Adebutu and six other people were later charged to court by the police, during which he sneaked out of the country for months, claiming it was for medical treatment abroad as advised by physicians. He returned December 2023.

The prosecuting counsel, Mr Rotimi Jacobs, earlier in his submission orally withdrew the prior information supplied, and substituted same with amended information, without any objection from the lead cousel to the defendants, Chief Gordy Uche.

While all the defendants pleaded not guilty to the seven count charges preferred against them, their lead counsel, Chief Gordy Uche pleaded with the court to allow the 2nd to 5th and 10th defendants to continue to enjoy bail on earlier terms.

He then prayed the Court to grant the first defendant, Oladipupo Adebutu, bail on self recognizance, saying he came to the court on his volition.

However, his prayer that Adebutu should be granted bail on self recognizance was opposed by the prosecuting counsel, Mr Rotimi Jacobs, noting that while he has no objection to the prayer for bail, he disagreed with the self recognizance clause.

The presiding judge, Justice Abiodun Akinyemi, therefore, granted the 1st defendant bail in the sum of N1million with a surety in the like sum who may be a family member or bondsman, as the case was adjourned till 7th February 2024 for hearing.

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The Daily Crucible Newspaper is an authoritative independent online news medium established to deliver professional journalism for the purpose of fostering Nigeria's unity, progress and greatness, given the heterogeneity of her citizens. We shall vigorously pursue this vision and anchor it on tripod of truth, justice and fairness. We shall feed the public with robust information they need to make informed decision on issues and matters that affect them, promote human - capital development, freedom and free market enterprise. Our loyalty shall be to Nigeria and public interest, and shall respect ethnic, religious and political diversity without being partisan and sectional.

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