Rashidi is Back. On Wednesday, before Justice Mohammed Idris of the Federal High Court of Lagos State, the Economic and Financial Crimes Commission, EFCC, re-arraigned the former governor of Oyo State, Rashidi Ladoja over his N4.7 billion alleged money laundering case still pending before the court and which was stalled for eight years by the accused’s appeals on the competence of the charges brought against him.
It is reported that, Mr. Ladoja was charged alongside his former aide, Waheed Akanbi, on eight counts bordering on the alleged offence, to which the duo pleaded ‘not guilty’.
In response to the prayer of the EFCC’s prosecutor, Oluwafemi Olabisi, for a date for trial, the defence counsel, Bolaji Onilenla and Adeyinka Olumide-Fusika, who represent the duo respectively, informed the court of their clients’ existing bail terms as granted eight years ago by his lordship’s learned brother, justice A.R. Mohammed urged the court the court to allow their clients continue on the said bail conditions.
Mr. Onilenla, representing Mr. Ladoja, submitted that the first accused had kept good faith with the terms and conditions of the bail and that there was no single incidence of default.
He assured the court that his client will “behave himself’’ and make himself available for trial.
The counsel to the other accused, Olumide-Fusika, also aligned himself with the submissions of Onilenla.
It is reported that the EFCC counsel objected to the bail application on the grounds that the accused had frustrated trial for years through their appeals challenging the competence of the charges.
The court overruled the argument of the prosecuting counsel and stated that the court could not deny the accused bail on account of exercise of their constitutional rights of appeal, resulting in the delay of the case, and further stated that, there was no evidence that the accused breached the terms of the bail granted them eight years ago.
Therefore the court allowed the accused persons to continue on the bail tterms as granted eight years ago by his learned brother.
Written by Okolo Ezinne