Ex-Kwara Finance Commissioner gets N200m bail - Daily Post Nigeria

Banu who is standing trial for alleged money laundering to the tune of N411m got solidarity support by his family members and associates who filled the court premises chanting solidarity songs in his praise.

Count one of the charge sheet 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 N411m only, property of the Kwara state government, which sum you reasonably ought to know was derived from fraud, and thereby committed an offence contrary to Section 18 of the money laundering Amendment Act 2012...

He said “The surety must have a landed property in Ilorin and submit the certificate of occupancy to the registrar of this honorable court which should be verified by the EFCC.”

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Court grants N200m bail to ex-Kwara finance commissioner, Ademola Banu200m out the billions he would have stole. Don't even understand how court can grant M200 to someone, how did a politicial work for that amount of money that's to say court is even encouraging them 200m and he we be able to pay
Source: MobilePunch - 🏆 8. / 63 Read more »

Court grants N200m bail to ex-Kwara finance commissioner, Ademola Banu200m out the billions he would have stole. Don't even understand how court can grant M200 to someone, how did a politicial work for that amount of money that's to say court is even encouraging them 200m and he we be able to pay
Source: MobilePunch - 🏆 8. / 63 Read more »