Thursday, July 3, 2025
  • REPORT A STORY
  • PRIVACY
  • CONTACT US
WITHIN NIGERIA - NEWS PICKS
  • HOME
  • FEATURES
  • NEWS PICKS
    • BREAKING
    • National
    • Local News
    • Politics
    • Diaspora
    • Business
    • Education
    • Sports
    • World News
      • Africa
      • U.S
      • Asia
      • Europe
    • XTRA
  • ENTERTAINMENT
  • MORE
    • GIST
    • ARTICLES
    • VIDEOS
No Result
View All Result
WITHIN NIGERIA - NEWS PICKS
No Result
View All Result
  • HOME
  • FEATURES
  • NEWS PICKS
  • ENTERTAINMENT
  • MORE

Alleged Money Laundering: My Trial Is Politically Motivated – Ex-Lagos Speaker Ikuforiji Testifies In Court

The Abdul Yemi by The Abdul Yemi
May 4, 2023
in Local News
Reading Time: 2 mins read
0 0
A A
0
Share on FacebookShare on Twitter

Adeyemi Ikuforiji, a former speaker of the Lagos Assembly, testified before the Federal High Court in Lagos that he did not, contrary to what the Economic and Financial Crimes Commission (EFCC) claimed, launder N338.8 million when he was in office.

Ikuforiji asserted that the accusation brought against him was politically motivated in his “no case” argument before Justice Muhammad Lima.

According to his testimony, the EFCC initially accused people of fraud and financial misappropriation, but eventually changed its focus to money laundering.

“It is a pity that I am standing trial today based on a faceless petition that has no name or address of the writer, who alleged that I committed fraud or misappropriated the sum of over N7billion,” the defendant said.

READ ALSO

Terrorists attack Sokoto village, kill 15

IGP beef up security ahead of Lagos LG polls

Gunmen attack Anambra community, kill ten

SITTING DUCKS: Schools and the rise in student abductions in Nigeria

Ikuforiji said that as a three-term Speaker, if he indeed committed such infraction, his case would not have gone directly to the EFCC for trial, rather members of the House would have first impeached him before handing him over to a law enforcement agency

Denying the allegation of money laundering, Ikuforiji said as head of the legislative arm of government, his role in any financial issue was to give final approval to àny memo put before him after the Office of the Clerk and that of the Finance Department had done their bit.

“I didn’t handle cash or disbursement of funds, it was the duty of the Office of the Clerk and the Finance Department to do that,” he said.

When asked if the 2nd defendant, Oyebode Atoyebi, who was his personal assistant, collected cash on his behalf, Ikuforiji replied: “Atoyebi collected money or cash for the Office of the Speaker, who at that time had over 100 staff, and definitely not for him in person. Atoyebi can collect money for the running of the office of the Speaker and allowances of other Staff”.

A former Deputy Clerk of the Lagos State House of Assembly, Mr. Ibisola Olawoyin Ogayemi, and a former banker from First Bank of Nigeria, Mr. Kayode Motunrayo, also testified.

The court adjourned till June 1 and 2 for continuation of trial.

Ikuforiji is standing trial alongside his former Personal Assistant, Oyebode Atoyebi on a 54-count charge bordering on the offence.

POPULAR TODAY

    • All
    • National
    • Local News
    • Politics
    • World News
    • Sports
    • XTRA

    Universities must confront global shifts with unity — Mahfouz Adedimeji, ASE VC

    July 2, 2025

    BREAKING: ADC executives step aside for David Mark’s interim team

    July 2, 2025

    BREAKING: Amaechi resigns from APC, accuses INEC of aiding plot to hijack election

    July 2, 2025

    JUST IN: Opposition heavyweights gather at Yar’Adua Centre for ADC coalition launch

    July 2, 2025

    Discussion about this post

    ADVERTISEMENT

    LATEST

    BREAKING: AMCON sells Ibadan Disco

    July 3, 2025

    Wike knocks ADC coalition, says ex-office holders ruined Nigeria, now crying foul

    July 3, 2025

    Coalition: Why Atiku, Obi, El-Rufai have not officially joined ADC – Bolaji Abdullahi

    July 3, 2025
    President Bola Tinubu and FCT minister, Nyesom Wike

    Why I renamed ICC after Tinubu – Wike

    July 3, 2025

    ‘Desperados hungry for power’ — Onanuga knocks ADC coalition politicians

    July 3, 2025
    Diogo Jota

    Liverpool Forward Diogo Jota dies in fatal car crash, days after wedding

    July 3, 2025
    Load More
    NEWS PICKS — WITHIN NIGERIA

    WITHIN NIGERIA MEDIA LTD.

    NEWS, MULTI MEDIA

    WITHIN NIGERIA is an online news media that focuses on authoritative reports, investigations and major headlines that springs from National issues, Politics, Metro, Entertainment; and Articles.

    Follow us on social media:

    CORPORATE LINKS

    • About
    • Contacts
    • Report a story
    • Advertisement
    • Content Policy
    • Privacy Policy
    • Terms
     
    • Fact-Checking Policy
    • Ethics Policy
    • Corrections Policy
    • REPORT A STORY
    • PRIVACY
    • CONTACT US

    © 2022 WITHIN NIGERIA MEDIA LTD. designed by WebAndName

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In
    No Result
    View All Result
    • HOME
    • FEATURES
    • NEWS PICKS
      • BREAKING
      • National
      • Local News
      • Politics
      • Diaspora
      • Business
      • Education
      • Sports
      • World News
        • Africa
        • U.S
        • Asia
        • Europe
      • XTRA
    • ENTERTAINMENT
    • MORE
      • GIST
      • ARTICLES
      • VIDEOS

    © 2022 WITHIN NIGERIA MEDIA LTD. designed by WebAndName