EFCC Docks Lawyer For N20.4m Fraud The Economic and Financial Crimes Commission, EFCC, Lagos Zonal office, on Thursday, August 22, 2019, arraigned one Taofik Oladipo Elias, a lawyer, before Justice Hakeem Oshodi of the State High Court sitting in Lagos on a two-count charge bordering on stealing to the tune of N20.4million. . .
The complainant, Gunther Uche Maduike, allegedly approached the defendant to sell a property in the Obalende area of Lagos for him. . .
The defendant, however, allegedly failed to remit the proceeds from the sale of the property to the family of the complainant. . . One of the counts reads: “That you, Taofik Oladipo Elias, on or about 13th February, 2015 in Lagos, within the jurisdiction of this Honourable Court, with a dishonest intent, converted to your own use the sum of N10,000,000.00k (Ten Million Naira) property of Gunther Uche Maduike.” . .
The defendant, however, pleaded not guilty to the charge when it was read to him. . .
In view of his plea, the prosecution counsel, Ismaili Suleiman, asked for a trial date and also prayed the court to remand the defendant in prison custody pending the determination of the case. . .
Counsel to the defendant, Omolola Satar, informed the court that he had filed a motion for bail since July 22, 2019 and had served same on the prosecution. . .
Satar, therefore, urged the court to admit his client to bail. . .
In his response, the prosecution counsel, Suleiman, told the court that “the issue of bail is solely at the discretion of the court.” . .
He, however, urged the court to impose stringent conditions that would ensure the attendance of the defendant in court for trial. . .
Justice Oshodi, after listening to both parties, granted the defendant bail on self-recognition. . .
The Judge ordered the defendant to deposit his international passport and Call-to-Bar certificate with the court’s Registrar. . .
The defendant was also ordered to enter into a N5 million bond with the court’s Registrar and perfect the bail conditions within 14 days, so it would not be revoked. . .
Justice Oshodi adjourned the case to October 17, 2019 for commencement of trial.