EFCC Re-Arraigns Father, Son Accused Of N5.6Bn Fraud In Lagos

EFCC Re-Arraigns Father, Son Accused Of N5.6Bn Fraud In Lagos

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EFCC Re-Arraigns Father, Son Accused Of N5.6Bn Fraud In Lagos

The Lagos Zonal Command of the Economic and Financial Crimes Commission, EFCC, has re-arraigned Emmanuel Adewunmi Jayeoba alongside his son, Adewale Daniel Jayeoba, before Justice Chukwujekwu Aneke of the Federal High Court sitting in Ikoyi, Lagos.

EFCC Re-Arraigns Father, Son Accused Of N5.6Bn Fraud In Lagos

The defendants were re-arraigned on a 14-count amended information bordering on money laundering to the tune of N5, 697, 029, 685.

One of the counts reads:

“ That you, Adewale Daniel Jayeoba and Emmanuel Adewunmi Jayeoba, between 2019 and 2020, in Lagos, within the jurisdiction of this Honorable Court, conspired amongst yourselves to use the aggregate sum of N5.697,029,685, which sum you reasonably ought to have known forms part of your unlawful activity to wit: carrying on banking business without valid license and you thereby committed an offence contrary to Section 18 (a) of the Money Laundering (Prohibition) (Amendment) Act, 2012 and punishable under Section 15(3) of the same Act.”

They pleaded “not guilty” to the offence.

In view of their pleas, the prosecution counsel, Chinenye Okezie, asked the court for a trial date and also prayed that the defendants be remanded in prison custody.

In response, counsel to the defendants, I.A. Raji, informed the court that the defendants had previously been granted bail by Justice Nicholas Oweibo.

He, however, told the court that the defendants had not been able to perfect the bail conditions.

The defence counsel, therefore, prayed the court for a short date for the hearing of the bail variation.

Justice Aneke adjourned the matter to October 17, 2022 and December 6, 2022 for hearing of the bail application and trial respectively.

The Judge also ordered the defendants to be remanded in prison custody.

Davido Reveals Why His Dad Once Arrested His Fans
Nigerian afrobeats superstar, David Adeleke, aka Davido, has recounted how his billionaire dad, Chief Adedeji Adeleke once arrested him, show promoters and fans who attended an event he was billed to perform.

Davido Reveals Why His Dad Once Arrested His Fans

He said his dad arrested everybody at the event because he absconded from school to do music against his father’s wishes.

The ‘Omo Baba Olowo’ crooner said the incident happened in the early days of his career.

He stated this on Friday night while making his UK debut on The lateish Show with Mo Gilligan on Channel4.

Davido said,

“I come from a family where it’s like, education, education, business…Overtime [my decision to do music] was like a beef.

“Any show he [my dad] hear I’m performing at, he sends the police. He arrests the fans, promoters. He has a camera watching where I go to.”

The singer performed his hit song ‘Unavailable’ on The lateish Show.
Best jam of the season Yommy K ft Oritshe Femi’s Home and Away short beat review…proudly Eelargebeats 🎶🎶🎶🎵🎵😍❤️
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Kelechi Ofor

Am cool and calm to be with, I believe in Myself. Artist Manager, Digital Distributor and Services

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