EFCC arraigns Okupe, others for allegedly diverting N702 million.
A former senior special assistant to President Olusegun Obasanjo, Doyin Okupe, was yesterday arraigned by the Economic and Financial Crimes Commission (EFCC) for alleged money laundering and diversion of N702 million.
Okupe was brought before Justice Ijeoma Ojukwu of a Federal High Court, Maitama, Abuja along with two companies, Value Trust Investment Ltd and Abrahams Telecoms Ltd allegedly involved in the commission of the fraud.
One of the counts reads: “That you, Dr. Doyin Okupe, being the Senior Special Assistant to President Goodluck Jonathan from July 2012 to May 2015, and being the Managing Director/Chief Executive Officer, and a signatory to the bank account of Abrahams Telecoms Ltd, on or about the 3rd October, 2014 in Abuja within the jurisdiction of this Honourable Court, directly took possession or control of the sum of N35 million, transferred to the account of Abrahams Telecoms Ltd from the account of the Office of the National Security Adviser with the Central Bank of Nigeria purporting to be for special services when you reasonably ought to have known that the said fund formed part of the proceeds of an unlawful activity.”
Okupe pleaded not guilty to the charges.
Upon his plea, the prosecuting counsel, Ibrahim Audu, asked for a date for commencement of the trial.
However, Okupe’s counsel, Tolu Babaleiye, through a motion on notice dated December 17, 2018, prayed the court to admit the defendant to bail.
“The defendant will in no way tamper with evidence. Since the proof of evidence is before the court that means investigation has been concluded,” he said.
Babaleiye further urged the court to admit the defendant to bail on self-recognizance, adding that “he will not jump bail as he is well known.”
But Audu argued that “the defendant was given administrative bail after he volunteered his statement, thereafter, he was nowhere to be found until December 2018 in Lagos.” He urged the court to exercise its discretion judicially and judiciously based on materials supplied before it and consider the gravity of the punishment in the event of a conviction on the charges brought against the defendant.
After listening to all the arguments, Justice Ojukwu granted bail to the defendant in the sum of N100 million with one surety in like sum.
“The surety must be resident within the jurisdiction of the court, and must depose to an affidavit of means, must have landed properties which must also be within the jurisdiction of the court. Must submit to the court tax clearance papers from 2016 to 2018, and also have a recent passport photograph. The surety and defendant must deposit their international passport to the court.”
Justice Ojukwu, thereafter, adjourned to February 27, 28 and March 6, 2019, for trial.