Nathaniel Ayo Emmanuel, justice of the federal high court,
Ibadan, Oyo state, has dismissed the bail application
brought by six former staff of the Central Bank of Nigeria
(CBN) who are being prosecuted for over N8 billion
mutilated currency recycling fraud.
The accused persons are Patience Okoro Eye, Afolabi
Olufemi Johnson, Ilori Adekunle Sunday (pictured) Kolawole
Babalola, Olaniran Muniru Adeola and Fatai Adedokun
Yusuf.
According to Wilson Uwujaren, spokesman of the Economic
and Financial Crimes Commission (EFCC), Emmanuel
dismissed their application because the interest of the
accused alone could not be considered while looking at their
application but that of the common man and society.
“He said the court was refusing the accused persons bail
because of the gravity of the offence, which borders on the
economy and well-being of the people of the country,” the
EFCC spokesman explained.
“Justice Emmanuel dismissed their application and ordered
for accelerated hearing. He also warned counsel that he
would not entertain frivolous applications.”
The accused persons were arraigned two weeks ago on a
28-count charge bordering on fraud and stealing.
Specifically, the former apex bank employees are alleged to
have compromised the CBN’s Briquetting exercise meant to
combat the inflationary spiral in the economy, occasioned
by excess dirty notes.
Justice Emmanuel adjourned the matter to July 6 and 7 for
trial.


www.thecable.ng/no-bail-6-cbn-staff-involved-n8billion-fraud

Good one.

Ok,i hear and i hope justice is served at the end of it all.

But our politicians get perpetual restraining shielding dem from arrest. Am no supporter of corruption. But Sacred Cowism has crippled this country.
In this part of d world, justice only recognises the highest bidder!

No bail for them

Good

The end justifies the means

Israel23:
Ok,i hear and i hope justice is served at the end of it all.

Israel23:
Ok,i hear and i hope justice is served at the end of it all.

This is a serious case which is a felony. They should be given a sentence ranging from 30 yrs to life imprisonment.