A Federal High Court sitting in Ilorin, the Kwara state capital has remanded ex-finance commissioner in the state Ademola Banu in the custody of the Economic and Financial Crimes Commission for alleged money laundering.The Ilorin zonal office of the anti-graft agency arraigned the commissioner alongside Travel Messenger Company Limited and one Olarewaju Adeniyi on a nine count charge before the court.
The charges read: “That you, Olarewaju Adeniyi, Ademola Banu and Travel Messenger Limited between January to December 2018 in Ilorin within the jurisdiction of this honourable court conspired among yourselves to commit an offence, to with: conversion of the sum of N411,000,000.
Defence counsel, Gboyega Oyewole and Bamidele Ibironke urged the court to grant bail to their clients, arguing that the offences in which the defendants are standing trial are bailable.
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