EFCC arraigns two suspected yahoo boys in Oyo state
The Economic and Financial Crimes Commission, EFCC, Ibadan office today, 13 December, 2018 arraigned Akinwunmi Akubulejo and Dominic Obinna Ebisike before Hon. Justice P. I. Ajoku of the Federal High Court of Oyo State, sitting in Ibadan on a 10-count charge bordering on obtaining money by false pretense and money laundering.
The defendants however, pleaded not guilty to the charges preferred against them.
In view of their plea, the prosecuting counsel, Mabas Mabur, applied for a date for trial and urged the court to remand the defendants in prison custody.
However, counsel to the first defendant, Kehinde Olawunmi filed an application praying the court to admit the first defendant to bail. Counsel to the second defendant also aligned himself with the submission of Kehinde.
Justice Ajoku, however, granted the defendants bail in the sum of N2, 000, 000 (Two Million Naira) each and two sureties in like sum. One of the sureties for each shall be a civil servant not below grade level 14 with the Federal or Oyo State Government.
The court further ruled that the surety must have a landed property which must be covered by a Certificate of Occupancy which must be deposited with the Deputy Chief Registrar of the court. The sureties must be resident within the jurisdiction of the court and will be verified by the prosecution. The case is adjourned to February 27, 2019 for trial.