ALLEGED N388m FRAUD: COURT ORDERS RETRIAL OF EX-LAGOS SPEAKER, IKUFORIJI

The Supreme Court on Friday ordered the retrial of a former Speaker of the Lagos State House of Assembly, Adeyemi Ikuforiji , who was charged with money laundering offences involving N 338 m .

A five – man panel of the Supreme Court headed by Justice Mary Peter – Odilli , unanimously ruled that the case be re – assigned to another judge of the Federal High Court other than Justice Ibrahim Buba who had exonerated Ikuforiji of the charges .

The apex court had, earlier in December 2017 , made similar orders of retrial and re -assignment of the case to another judge in its judgment on the appeal filed by Ikuforiji ’ s ex – aide , Oyebode Atoyebi , with whom the former Speaker was charged, tried and absolved at the Federal High Court .

Justice Buba, who is of the Lagos Division of the Federal High Court, had in a ruling in September 2014 held that the Economic and Financial Crimes Commission failed to establish a prima facie case against Ikuforiji and Atoyebi and dismissed the 56 counts against him .

Dissatisfied with the Federal High Court’ s judgment , the EFCC, appealed to the Court of Appeal , which, in November 2016 , overturned Justice Buba ’ s verdict and ordered that Ikuforiji and his former aide be tried afresh before another judge.

But both Ikuforiji and Atoyebi had filed separate appeals against the Court of Appeal ’ s decision and went to the Supreme Court in 2016.

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