• Home
  • Anti-Corruption
  • Fact-Check
  • Economy
  • National
  • Security
  • Features
  • State
  • Event
  • E-Book
Search
  • Home
  • About
  • Adverts
  • Contact
Sign in
Welcome! Log into your account
Forgot your password? Get help
Password recovery
Recover your password
A password will be e-mailed to you.
PRNIGERIA PRNigeria News
PRNIGERIA PRNIGERIA
  • Home
  • Anti-Corruption
  • Fact-Check
  • Economy
  • National
  • Security
  • Features
  • State
  • Event
  • E-Book
Home Anti-Corruption FG Arraigns Chinese, Nigerian N2.5b Fraud
  • Anti-Corruption

FG Arraigns Chinese, Nigerian N2.5b Fraud

By
By Prnigeria
-
July 4, 2017
court Judiciary
court Judiciary Justice

The Federal government has arraigned two Chinese and a Nigerian before a Federal High Court in Abuja on allegations of criminal conspiracy, forgery and illegal transfer of funds to the tune of about N2.5b.

The defendants, Hao Aijun, Liu Yangxi and Obi Anthony Chibuzo were arraigned on a 15 count amended charge by the Inspector General of Police.

They however pleaded not guilty to the charges when read to them and their lawyers Akinlolu Kehinde SAN, informed the court of an application for their bail filed on the 14 of June, 2017.

Reacting, prosecution counsel, Mr. David Ighodo, however asked the court to remand the defendants in prison custody pending their trial, stressing that the charges preferred against them were grievous.

Igbodo, while not denying knowledge of the bail application, said bail should not precede arraignment.

He added that the prosecution would respond to the application accordingly and urged the court to remand the defendants till trial commences.

Trial Judge, Justice Nnamdi Dimgba however asked the prosecution if the charges against the defendants were bail able and if they have been granted bail by the police.

When the prosecution answered in the affirmative, the court then stood down the case for ten minutes and directed counsel to meet and agree on certain conditions for bail for the defendants which would be subjected to the approval of the court.

Read Also:

  • Council of State Backs Tinubu’s Nominee, Prof. Amupitan, as New INEC Chairman
  • Police Nab 12 Suspects Over Killing of Arise TV Anchor in Abuja Robbery
  • MACBAN Slams Plateau Insecurity Report, Alleges Exclusion of Fulani Victims

When the court resumed, Igbodo informed the court that counsel have agreed that the defendants be granted bail on the existing conditions except that their traveling documents including international passports be deposited with the court to ensure that they always attend court for their trial.

He said the police had granted the defendants bail in the sum of N5m and a surety who was a civil servant.

However, Justice Dimgba granted the defendants bail in the sum of N100m each with two sureties in like sum. The court said the sureties who must be private or professional business persons or public servants who must not be less than grade level 15 must own landed property within Abuja metropolis.

They are also to deposit their international passports with the court and must not travel out of the country without the permission of the court.

He said he granted the bail because the defendants were already enjoying administrative bail and were also available in court to face their trial.

He however ordered that the defendants would be remanded in prison if they fail to meet the bail conditions within 48 hours.

He also adjourned till July 4 and 5, 2017 for commencement of trial.

Part of the charge reads: That you Hao Aijun ‘f’, Liu Yangxi ‘m’, Obi Anthony Chibuzo ‘m’ and others at large between July 2016 and August 2016 within the jurisdiction of this Honourable court, conspired among yourselves, to wit fraudulent conversion of the total sum of N971m (Nine hundred and seventy one million) naira a fund belonging to BN Ceramics Industry Nigeria Ltd which was domiciled in the Zenith Bank Plc account number 1013840111 a fund which you know or reasonably ought to know, forms part of proceeds of an Unlawful act and thereby committed an offence contrary to section 18 and punishable under section 15 of the Money Laundering (Prohibition) Act 2011 as amended.

VISIT OUR OTHER WEBSITES
PRNigeria.com EconomicConfidential.com PRNigeria.com/Hausa/
EmergencyDigest.com PoliticsDigest.ng TechDigest.ng
HealthDigest.ng SpokesPersonsdigest.com TeensDigest.ng
ArewaAgenda.com Hausa.ArewaAgenda.com YAShuaib.com
  • TAGS
  • Liu Yangxi
  • Nnamdi Dimgba
  • Obi Anthony Chibuzo
Previous articleCourt Discharges Senator Ndume of Terrorism Charges
Next articleGeneral Mamman Vatsa ‘s Son is Dead
By Prnigeria
By Prnigeria
https://prnigeria.com
PRNigeria is the pioneer Press Release Distribution agency in Nigeria. A member of image Merchant Promotions limited, PRNigeria encourages individuals and organisations to be more transparent in their information management. with dedicated Editorial staffs, the PRNigeria ensures that information provided on its platforms are timely, factual and authoritative Read more at: //prnigeria.com/about/
Facebook Twitter

RELATED ARTICLESMORE FROM AUTHOR

NAHCON

Renewed Hope in Hajj Operations: NAHCON Records Milestone Achievements Under Tinubu Administration

Mohammed Idris Malagi, Honorable Minister of Information and National Orientation

FG Reaffirms Non-Interference in ICPC, EFCC Operations

ICPC Secures Conviction of Rector for Running Unaccredited Degree Programmes

Engr Abba Babagana Dalori

Engr Dalori Forfeits Galaxy Hospital, Petrol Station, Properties & Cash

Chinese nationals jailed in Lagos

Court Jails Nine Chinese Nationals for Cybercrime in Lagos

ASUU

Tackle Corruption, Institutional Decay – ASUU Charges FG

EFCC Arraigns Bauchi Accountant General Over N8bn Fraud as Court Sentences Kano Make-Up Artist for Naira Abuse

PRNigeria logo fearured image

EFCC Arraigns Ex-Convict, Other for Naira Abuse in Lagos

EFCC Arrests 37 Suspected Internet Fraudsters in Ilorin

EFCC, CCC and the Battle Against Corruption in Nigeria, By Mukhtar Ya’u Madobi

Ola Olukoyede, EFCC Chairman

EFCC’s Anti-Corruption War: Between Media Trial and Intelligence-Driven Operations

Olayiwola Oguntade

Court Sentences Ex JAMB Staff for N10m Fraud in Ibadan

LEAVE A REPLY Cancel reply

Log in to leave a comment

Recent Posts

  • Council of State Backs Tinubu’s Nominee, Prof. Amupitan, as New INEC Chairman
  • Police Nab 12 Suspects Over Killing of Arise TV Anchor in Abuja Robbery
  • MACBAN Slams Plateau Insecurity Report, Alleges Exclusion of Fulani Victims
  • ICPC Secures 24-Year Jail Term for Retired FCTA Director Over N318 Million Fraud
  • CG Audi Harps on NSCDC’s Commitment to Grassroots Security, Intelligence Drive in Anambra
  • Home
  • About
  • Adverts
  • Contact
© 2020 PRNigeria. All Rights Reserved.
Latest News
Council of State Backs Tinubu’s Nominee, Prof. Amupitan, as New INEC ChairmanPolice Nab 12 Suspects Over Killing of Arise TV Anchor in Abuja RobberyMACBAN Slams Plateau Insecurity Report, Alleges Exclusion of Fulani VictimsICPC Secures 24-Year Jail Term for Retired FCTA Director Over N318 Million FraudCG Audi Harps on NSCDC’s Commitment to Grassroots Security, Intelligence Drive in AnambraUNILAG to Honor Bayelsa Governor Douye Diri, Launches Professorial Chair on Good GovernanceAfrica Radio International Names Pioneer Management Team to Lead Pan-African Media DriveFCT Police Nab Killers of Arise TV Staff in AbujaThe Silence Over the Lagos Five: A National Tragedy Ignored By Hawwah A. GamboNAF Integrates Civilian Harm Mitigation, Gender Mainstreaming into Air OperationsMilitary Floods Kwara Forests with Troops, Equipment to Crush KidnappersGov Radda Hails Troops’ Gallantry, Seeks for New Army Unit in KatsinaTijani, Sanwo-Olu, Bella Disu, Others to Headline 10th Nigeria Digital PR SummitThird Estate Warns Against Spreading Insecurity in Kwara, Calls for United Action and PrayerAnambra Police Deploy 70 Fresh Constables to Boost Security
X whatsapp