Economic and Financial Crimes Commission (EFCC) has rejected an offer for an out-of-court settlement by a former Minister of the Federal Capital Territory, Jumoke Akinjide, who was accused of money laundering.
Akinjide was charged with former Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke (who is said to be at large), a former Senator Ayo Adeseun and a People’s Democratic Party (PDP) stalwart, Chief Olarenwaju Otiti.
They were accused of conspiring to directly take possession of N650 million, which they reasonably ought to have known forms part of the proceeds of an unlawful act and without going through a financial institution.
Justice Muslim Hassan had adjourned to enable parties conclude the settlement talks after Akinjide’s lawyer Chief Bolaji Ayorinde (SAN) reported that the N650 million had been returned.
Yesterday, EFCC’s lawyer Nnaemeka Omenwa, who stood in for Rotimi Oyedepo, said he was instructed to turn down the proposal.
“I have instruction to reject the proposal as it’s not in line with the provisions of the Administration of Criminal Justice Act (ACJA).
Based on that, we’re ready to go on with the trial, subject to..."
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