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Transport operator in trouble over fraudulent transaction

03 March 2014, 20:47

Lagos - The Economic and Financial Crimes Commission (EFCC) has asked a Lagos High Court sitting in Ikeja to issue an arrest warrant against the chairman of a transport company after he failed to turn up to answer to charges of alleged involvement in the theft of N82.9 million.

Cross Country transport service chairman, Bube Okorodudu is facing trial before the court allegations that Okorodudu and his company stole the money which was the sales proceeds of 17 units of Volkswagen transporter buses belonging to AG Moeller Ltd.

At Monday’s proceedings, EFCC lawyer, Emmanuel Jackson, requested the court to issue a bench warrant against Okorodudu for failing to appear for his trial.

The EFCC contended that for two occasions, Okorodudu had failed to show up to take his plea on the charges filed against him.

Okorodudu's lawyer, Robert Clarke however objected to the application insisting that there was a subsisting application by his client challenging the jurisdiction of the court.

He argued that the proper procedure was for the court to first resolve the issue of jurisdiction before ruling on EFCC's application for bench warrant.

Clarke further argued that the court could not make pronouncements on a case where its jurisdiction was still been challenged.

Justice Lawal Akapo subsequently adjourned the matter till April 8 for ruling.

The EFCC alleged that Okorodudu stole the money from AG Moeller between February 2008 and August 2009.

The EFCC claimed the buses were fraudulently sold to GMT Nigeria Ltd, Multichoice Nigeria and Law Union and Rock/TFS Finance Ltd.  

Okorodudu was said to have forged a document to facilitate the alleged theft.

– CAJ News

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