Saturday, April 26, 2025
HomeCrimeEFCC re-Arraigns MD of First Nation Airline Over N2.1bn Fraud

EFCC re-Arraigns MD of First Nation Airline Over N2.1bn Fraud

- Advertisement -
- Advertisement -
- Advertisement -
- Advertisement -

The Economic and Financial Crimes Commission (EFCC) on Monday re-arraigned the Managing Director of First Nation Airways Ltd., Mr Kayode Odukoya, over alleged N2.1 billion fraud.

The commission brought Odukoya before an Ikeja Special Offences Court on a seven-count charge.

The EFCC had on March 15, 2018, arraigned the defendant before the same court for allegedly fraudulently obtaining a credit facility worth of N2.1 billion from the defunct Skye Bank, now Polaris Bank.

See also  Couple Bags 40 Years Jail Term for N53m Fraud

The defendant, also the Managing Director of Bellview Airline, was arraigned then on a four-count charge of forgery, use of false document, perjury and stealing of N1.7 billion.

He, however, pleaded not guilty and was  granted bail.

On Monday, the anti-graft agency re-arraigned the defendant on a seven-count charge bordering on forgery, use of false document, perjury, stealing and obtaining credit by fraud.

See also  Herdsmen Attack: Bodies Of 18 Villagers Recovered In Benue

He still  pleaded not guilty.

Following his not guilty plea, EFCC counsel, Mr Nnaemeka Omewa, told the court that the EFCC had already called five witnesses to prove its case.

He said prosecution would be closing its case against Odukoya.

However, defence counsel, Mr Edoka Onyeke, said due to the fresh charges, defence would like to recall three prosecution witnesses for cross-examination.

See also  NDLEA Uncovers Warehouse for Illicit Drugs in Rivers, Seize N17M Worth of Indian Hemp

He appealed to the court to allow his client to continue on bail granted him on his first arraignment.

Justice Mojisola Dada granted Onyeke’s request and adjourned the case until  February 15 for Odukoya to begin defence.

- Advertisement -

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -

Most Popular