Alleged $111.5m Fraud: Court Grants Accused N10m Bail


The trial of one Stanley Okafor and Larbrador Shipping Services Limited before Justice O.A. Taiwo of the Special Offences Court sitting in Ikeja, Lagos for an alleged $111,500,000 fraud continued on December 2, 2021, with the trial judge granting him bail in the sum of N10million and adjourning till Jan 31, 2022 for continuation of trial. 


The Economic and Financial Crimes Commission, EFCC, on Friday, November 26, 2021, arraigned the defendants on a 12-count charge bordering on possession of false documents, forgery, attempt to obtain by false pretence, and using as genuine a false document contrary to Section 364 of the Criminal Law of Lagos State 2011.



CKN NEWS

Chris Kehinde Nwandu is the Editor In Chief of CKNNEWS || He is a Law graduate and an Alumnus of Lagos State University, Lead City University Ibadan and Nigerian Institute Of Journalism || With over 2 decades practice in Journalism, PR and Advertising, he is a member of several Professional bodies within and outside Nigeria || Member: Institute Of Chartered Arbitrators ( UK ) || Member : Institute of Chartered Mediators And Conciliation || Member : Nigerian Institute Of Public Relations || Member : Advertising Practitioners Council of Nigeria || Fellow : Institute of Personality Development And Customer Relationship Management || Member and Chairman Board Of Trustees: Guild Of Professional Bloggers of Nigeria

Previous Post Next Post

نموذج الاتصال