Skip to main content

EFCC arraigns MD of FirstNation airline, Kayode Odukoya, for N1.7bn fraud

Photo: EFCC arraigns MD of FirstNation airline, Kayode Odukoya, for N1.7bn fraudThe Economic and Financial Crimes Commission, EFCC, Lagos Zonal office, on Friday, March 16, 2018, arraigned Kayode Odukoya , Managing Director, FirstNation Airways before Justice Mojisola Dada of the Special Offences Court sitting in Ikeja on a four-count charge bordering on forgery, use of false information, perjury and stealing to the tune of N1, 741, 994, 962.04 (One Billion, Seven Hundred and Forty- one Million, Nine Hundred and Ninety -four Thousand, Nine Hundred and Sixty -two Naira, Four Kobo).
The defendant allegedly forged the Memorandum of Loss of Lagos State Certificate of Occupancy in respect of a property located in Lagos, so it could be acted upon as genuine.
One of the counts reads:
"That you, Kayode Odukoya, on or about the 21st day of March, 2013 in Lagos within the Lagos Judicial Division knowingly forged the Memorandum of Loss of Lagos State Certificate of Occupancy Registered as No. 33 at page 33 in Volume 1011 at the Lagos State Registry, Alausa, Ikeja in respect of property being and situated at No. 29 Oduduwa Street, Ikeja GRA Lagos State with intent that the document may in any way be used or acted on as genuine to the prejudice of another."
Another charge reads: "That you, Kayode Odukoya, FirstNation Airways Limited and Bellview Airlines Limited, on or about the 7th day of October, 2016 in Lagos within the Lagos Judicial Division dishonestly converted for your own use the sum of N1, 742, 994, 962.04 (One Billion, Seven Hundred and Forty-one Million, Nine Hundred and Ninety-four Thousand, Nine Hundred and Sixty-two Naira, Four Kobo) property of Skye Bank Plc."
The defendant pleaded not guilty to the charge when it was read to him. 
In view of this, the prosecution counsel, Zainab Ettu, asked the court for a trial date and to remand the defendant in prison custody so as to compel his appearance in court. 
"The defendant jumped the administrative bail given to him by the EFCC and refused to show up for his arraignment scheduled for March 9, 2018 before this court.
"He was apprehended by the Operatives of the Commission to ensure his arraignment today," Zainab Ettu said. 
Counsel to the defendant, however, urged the court to admit his client to bail. 
The defence counsel further told the court that the defendant was not a flight-risk, adding that "he is well known in the business sector in the country."
After listening to both parties, Justice Dada adjourned the case to March 26, 2018 for hearing of the bail application and April 7, 8 and 9, 2018 for commencement of trial.

Comments

Popular posts from this blog

BANDIT GUNRUNNER ARRESTED

  Police in Zaria city arrested Bilyaminu Saidu 33years, a gun runner, bandit & logistics supplier. He was arrested with 4 AK-47 rifles, 344 rounds of live ammunition & one motorcycle. Bilyaminu is an indigene of Shuwaki village in Bakori LGA of Katsina state.

US deports 34 Nigerians over various offences

34 Nigerians were today deported from the United States of America for allegedly committing various offences in the country. The deportees comprising 32 males and two females,arrived the Cargo Wing of the Murtala Muhammed International Airport (MMlA), Lagos at about 2.30 p.m in a chartered Omni Air International aircraft with Registration Number W342AX.  Confirming the deportation, the spokesman of the Lagos Airport Police Command, DSP Joseph Alabi, said the deportees were alleged to have committed criminal offences, with one involved in narcotics while others were alleged to have committed immigration-related offences

7-year-old migrant girl dies of dehydration and exhaustion while in custody of US Border Patrol

                            A 7-year-old girl from Guatemala has died of dehydration and shock after she was taken into Border Patrol custody last week for crossing from Mexico into the United States illegally with her father and a large group of migrants along a remote span of New Mexico desert. The child’s death is likely to intensify scrutiny of detention conditions at Border Patrol stations and CBP facilities that are increasingly overwhelmed by large numbers of families seeking asylum in the United States. According to CBP records, the girl and her father were taken into custody about 10 p.m. on December 6th south of Lordsburg, N.M., as part of a group of 163 people who approached U.S. agents to turn themselves in. More than eight hours later, the child began having seizures at 6:25 a.m., CBP records show. Emergency resp...