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Anti-corruption and elections / EFCC

N650m Fraud: EFCC Rejects Akinjide, Others’ Proposal For Settlement

The Economic and Financial Crimes Commission, EFCC, on Thursday, February 22, 2018, rejected a proposal by a former Minister of the Federal Capital Territory Olajumoke Akinjide, and two others. Akinjide alongside Senator Ayo Adeseun and a Peoples Democratic (PDP) stalwart, Chief Olanrewaju Otiti, were re-arraigned before Justice Muslim Hassan of the Federal High Court sitting in Ikoyi, Lagos, on January 16, 2018, on an amended 24-count charge bordering on money laundering to the tune of N650m. They were alleged to have received the money from a former Minister of Petroleum Resources, Diezani A…

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