The Economic and Financial Crimes Commission on Tuesday arraigned a former Minister of the Federal Capital Territory, Jumoke Akinjide, for allegedly laundering a sum of N 650m.Akinjide was arraigned alongside Senator Ayo Adeseun and Chief Olanrewaju Otiti before the Federal High Court in Lagos. The EFCC, in the 24 charges filed against the defendants, alleged that they collected the sum of N 650m from a former Minister of Petroleum Resources,Mrs . Diezani Alison -Madueke, in the build- up to the 2015 general elections.The anti - graft agency claimed that they ought to have “reasonably known that the money formed part of proceeds of an unlawful act. ”
Akinjide was said to have allegedly given a cash sum of N 107. 4m to Otti and N 134.4m to Adeseun out of the N 650m on March 26, 2015.She also allegedly gave N 26. 5m cash to one Ayoka Lawani ; N 56. 4m to one Alhaji Kunmi Mustapha; N 28. 6m to one Honourable Muraina Ajibola ; N 16m to one Honourable Yinka Taiwo and N 10. 7m to one Prince Ayuba.Counsel for the EFCC, Rotimi Oyedepo , said the cash payments exceeded the threshold stipulated by the Money Laundering ( Prohibition) Act , 2012.He said Akinjide, Adeseun and Otiti acted contrary to Section 18( a) of the Money Laundering ( Prohibition) Act , 2012 and were liable to punishment under Section 15( 3) and 4 of the same Act .One of the charges read , “ That you , Mrs. Diezani Alison -Madueke ( still at large ) , Oloye Jumoke Akinjide, Senator Ayo Ademola Adeseun and Chief Olanrewaju Otiti , on or about the 26th day of March , 2015, in Nigeria , within the jurisdiction of this honourable court , conspired amongst yourselves to directly take possession of a N 650, 000, 000, which sum you reasonably ought to have known formed part of proceeds of an unlawful act and you thereby committed an offence contrary to Section 18( a) of the Money Laundering ( Prohibition) ( Amendment ) Act 2012 and punishable under Section 15( 3) and 4 of the same Act. ”
But upon their arraignment before Justice Muslim Hassan on Tuesday, the defendants pleaded not guilty.Justice Hassan allowed them to continue on the bail earlier granted them by the Ibadan, Oyo State Division of the Federal High Court.He adjourned till February 5, 6, 13 and 14, 2018 for commencement and continuation of trial.