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Alleged N31m fraud: Court reserves ruling on ex-Vanguard staff’s bail bid


LAGOS—A Lagos State High Court, sitting in Igbosere, yesterday, reserved ruling on the bail application by a former Circulation Supervisor to Vanguard Media Limited, Joseph Ezeobi, accused of stealing N31.7 million belonging to the company.

Ezeobi is standing trial with the former Accountant of the company, Mr. Yisa Bhadmus.

They are being prosecuted by the Economic and Financial Crimes Commission, EFCC.

The court adjourned for ruling after Ezeobi’s counsel and EFCC reached an agreement on the terms of the bail.

Trial judge, Justice Candide-Johnson, had directed the parties to work out conditions for Ezeobi’s bail. They agreed that the accused person is to provide two sureties; one of which must be a level 10 public servant and the second, a director in a  public or private company.

The accused, it was agreed, is to report to EFCC at the end of every month, while one of the sureties must be a property owner in Lagos State.

EFCC’s counsel said he had no objection to the bail application by Ezeobi, provided he meets the conditions set by the court.

The commission’s counsel  said: “I have no objection to the bail provided the conditions for bail are met and I leave the court to decide the condition.”

Moment after this, Bhadmus’  lawyer, Mr. A. Jackson, informed the court that he had received a reply to a letter he wrote to the office of the Attorney-General of Lagos State, Mr. Ade Ipaye, for the consolidation of the two charges against his client.

The accused were yesterday brought to court from prison custody, where they were detained.

… orders re-arrest, remand of accused in Ikoyi Prison

IKEJA—A Lagos State High Court, Igbosere, yesterday, ordered the arrest of an accused, Sunday Akinyemi, who was remanded in Ikoyi Prison, but was said to have gone to the United Kingdom for treatment.  He said if arrested the accused should be kept in Ikoyi Prison.

In a ruling, the trial judge, Justice Ebenezer Adebajo, noted that his counsel, Femi Falana, had assured the court that on Akinyemi’s return to the country, he would be taken back into prison custody and made to stand trial.

Falana had argued that the Federal High Court granted the defendant, who was suffering from cancer, leave to travel abroad for medical treatment and to protect the accused’s right to life.


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