Ex-Lagos speaker Ikuforiji’s N338m laundering trial adjourned


The trial of a former Speaker of the Lagos State House of Assembly, Adeyemi Ikuforiji, at the Federal High Court in Lagos for alleged laundering of N338.8 million has been adjourned.

Justice Mohammed Liman, who is presidng over the case on a fiat, did not sit for continuation of trial on November 15.

Justice Liman was transferred out of the Lagos division but comes from his division to preside over the case following a fiat.

A new date of November 20 was fixed for the case.

Ikuforiji and his former personal assistant Oyebode Atoyebi are being tried by the Economic and Financial Crimes Commission (EFCC) on a 54-count charge of money laundering.

They pleaded not guilty and were allowed to continue on an earlier bail granted to them in 2012 when they were first arraigned.

According to the charge, EFCC alleged that the defendants accepted cash payments above the threshold set by the Money Laundering Act, without going through a financial institution.

The commission accused the defendants of conspiring to commit an illegal act of accepting cash payments in the aggregate sum of N338.8 million from the House of Assembly without going through a financial institution.

Ikuforiji was also accused of using his position to misappropriate funds belonging to the Assembly.

The EFCC alleged that the defendants committed the offences between April 2010 and July 2011.

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