EFCC Arraigns Couple For N2.7bn Fraud In Lagos
The Economic and Financial Crimes Commission, Lagos Zonal
Command, has arraigned a couple, Oriyomi Idowu and Ruth Idowu, before Justice
Mojisola Dada of the Special Offences Court sitting in Ikeja, Lagos.
They were arraigned on Tuesday, November 28,
on 20 counts bordering on obtaining money by false pretences, money
laundering, stealing, retention of stolen property, and forgery to the tune of
N2.7bn.
This was disclosed on the commission's Facebook page on
Tuesday.
According to the commission, the suspects were arraigned
alongside Food Commodity Processing Enterprise, Bonway Food Processing Company
Limited, Samee Idowu Company Limited and Farmex Integrated Companies Limited,
which all belong to Ruth Idowu.
One of the counts reads, "Ruth Sameeha Idowu, aka Loiry
Ventures, Oriyomi Kabeer Idowu, aka Yocli Ventures, Food Commodity Processing
Enterprise, Bonway Food Processing Company Ltd, Samee Idowu Company Limited,
Farmex Integrated Companies Limited, sometime in 2023 in Lagos, within the
jurisdiction of this Honourable court, converted the sum of N10,000,000 to
purchase a GLK Benz, purchase sum derived from converting the sum of
N500,000,000 belonging to Creditpro Business Support Services with the aim of
disguising the illegal origin of the funds."
The defendants pleaded “not guilty” to the charges when they
were read to them.
In view of their pleas, prosecution counsel, Bilikisu Buhari,
prayed the court for a trial date and the remand of the defendants at a Correctional Facility.
Counsel for the first defendant, G. Onwubuya, informed the
court of the bail application of his client, which had yet to be served on the
prosecution.
He prayed the court to remand the defendants in the EFCC
custody and also sought a short adjournment for the hearing and determination
of the bail application.
The Judge held that there was no bail application before the
court for the second defendant, whose counsel, J.J. Ogunyemi, had yet to file.
Consequently, Justice Dada adjourned the matter till December
15, 2023 and ordered that the defendants be remanded at the Correctional Centre
"pending hearing and determination of their bail applications".
Credit: Facebook | EFCC
