Court discharges and acquits ex-Lagos Speaker Ikuforiji of money laundering charges

 

Lagos, Nigeria — In a significant legal decision, the Federal High Court in Lagos has discharged and acquitted former Speaker of the Lagos State House of Assembly, Adeyemi Ikuforiji, of alleged money laundering involving N338.8 million.

On Monday, Justice Liman ruled that the Economic and Financial Crimes Commission (EFCC) failed to prove its case against Ikuforiji and his former Personal Assistant, Oyebode Atoyebi, beyond a reasonable doubt. The ruling effectively clears both men of all charges.

Ikuforiji and Atoyebi were initially arraigned on March 1, 2012, before Justice Okechukwu Okeke, facing 20 counts related to misappropriation and money laundering. The allegations stemmed from their tenure in the Lagos State House of Assembly.

In his judgment, Justice Liman emphasized the prosecution’s inability to substantiate the claims against the defendants. “The evidence presented by the EFCC was insufficient to establish the guilt of the accused beyond a reasonable doubt,” he stated.

The acquittal marks the end of a prolonged legal battle that has spanned over a decade. Ikuforiji and Atoyebi have consistently denied any wrongdoing, maintaining their innocence throughout the proceedings.

Reacting to the judgment, Ikuforiji expressed relief and gratitude. “Justice has prevailed today. I have always had faith in the judicial system and am thankful for this verdict,” he said.

The EFCC has not yet commented on the possibility of an appeal or their next steps following the court’s decision.

This case has attracted considerable public and media attention, given Ikuforiji’s prominent political career and the substantial amount involved in the allegations. The ruling is seen as a significant moment in Nigeria’s ongoing efforts to tackle corruption within its political system.

As the dust settles on this high-profile case, the acquittal of Adeyemi Ikuforiji and Oyebode Atoyebi stands as a notable development in the Nigerian judicial landscape.

Related Posts

NASU threatens strike against WAEC, alleges labour injustice

  The Non-Academic Staff Union of Educational and Associated Institutions (NASU), on Monday, alleged labour injustice, poor workers’ welfare package and victimisation of labour leaders by the West African Examinations Council…

Continue reading
EFCC arrests Edo Govt. official over alleged naira abuse

Operatives of the Benin Zonal Directorate of the Economic and Financial Crimes Commission(EFCC) have arrested an official of the Edo Government, Kelly Okungbowa, popularly known as Ebo Stone, over alleged naira…

Continue reading

Leave a Reply

Your email address will not be published. Required fields are marked *

You Missed

NASU threatens strike against WAEC, alleges labour injustice

NASU threatens strike against WAEC, alleges labour injustice

EFCC arrests Edo Govt. official over alleged naira abuse

EFCC arrests Edo Govt. official over alleged naira abuse

Nigeria’s Inflation Rate Drops to 23.18% in February

Nigeria’s Inflation Rate Drops to 23.18% in February

Jandor Defects to APC, Cites PDP’s Internal Crisis

Jandor Defects to APC, Cites PDP’s Internal Crisis

BREAKING: Rivers Assembly prepares ground to impeach Fubara, Deputy

BREAKING: Rivers Assembly prepares ground to impeach Fubara,  Deputy

St. John’s, UConn, and Auburn Top March Madness seeding 

  • By Joe
  • March 17, 2025
  • 7 views
St. John’s, UConn, and Auburn Top March Madness seeding 
WP2Social Auto Publish Powered By : XYZScripts.com