Dame Patience: 4 Coys Plead Guilty To $15m Fraud
The four companies standing trial for conspiring with a former aide to former President Goodluck Jonathan, Mr. Waripamowei Dudafa, to launder the sum of $15.7 million, yesterday pleaded guilty to the charges preferred against them.
Read the details below.
By:Jerry Uwah
"The four companies standing trial for conspiring with a former aide to former President Goodluck Jonathan, Mr. Waripamowei Dudafa, to launder the sum of $15.7 million, yesterday pleaded guilty to the charges preferred against them.
The companies and the accused persons are being tried by a Federal High Court, Lagos.
Dudafa, a former special assistant on domestic affairs to ex-president, and six other accused persons are charged by the Economic and Financial Crimes Commission (EFCC) for laundering more than $15 million which former first lady Mrs. Patience Jonathan now claims to be her money.
The accused are facing a 15-count charge bordering on conspiracy and fraud.
Others charged alongside Dudafa are: Amajuoyi Briggs, and Adedamola Bolodeoku. Bolodeoku is a staff of Skye Bank who handled the transaction.
The four companies that pleaded guilty are: Pluto Properties and Investment Company, Seagate Property Development Company, Trans Ocean Property and Investment Company Ltd, and Avalon Global Property Ltd.
Mr. Friday David represented Pluto Properties and Investment Company, while Agbor Obaro represented Sea gate property Development Company during the hearing.
Mr. Fredrick Dioghowori announced his representation for Trans Ocean Property Ltd, while Taiwo Ebenezer represented Avalon Global properties Ltd.
After the charge was read to the accused, the first, second and third accused pleaded not guilty to all counts of the charge.
However, the four individuals representing the companies listed in the charge, each pleaded guilty to the offences.
Following the guilty plea of the companies, the EFCC prosecution led by Mr. Rotimi Oyedepo prayed the court to allow a short time for review of the facts, adding that he would not waste the time of the court.
The trial judge, Justice Babs Kuewumi, however, declined the prosecution’s request, arguing that he would adjourn to a further date.
The court, however, granted bail to the second and third accused in the sum of N250 million with one surety in like sum.
The judge added that the sureties must be owners of landed properties in Lagos, and if a public servant, such surety must produce a letter of introduction from his employer.
The judge also ordered the sureties to submit evidence of tax clearance.
He adjourned the case till September 27, for continuation and ordered the accused to be remanded in prison custody pending perfection of their bail. "
Source: Blueprint portal
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