Law News
Court Remand Bizman in EFCC Custody over N282m Fraud

A Lagos Magistrate Court  Ikeja sitting in Ogba has ordered the remand of a business man Mr Frank Karkitie in the Economic and Financial Crimes Commission (EFCC) custody for allegedly obtaining N282million. ‘

The order was made by Magistrate O. J. Awope following the remand application for 30 days pursuant to Section 264 of Administration of Criminal Justice Law (ACJL) brought by the EFCC counsel, Mrs Vera Agboje.

She informed the court that the defendant allegedly obtained the sum of N282 million from UBA Plc, an offence contrary to Section 1(3) of Advance Fee Fraud. EFCC alleged that Karkitie had been on the run since 2016 and he has refused to make himself available for arraignment or trial.

The charge against the defendant was served on respondent on July 8, 2016 and was initially before Justice Kudirat Jose before it was transferred to Justice Josephine Oyefeso of a Lagos high Court, Ikeja. Karkitie was charge alongside Enegas Power Limited, Lola-Oluwa Kadejo (a.k.a Mrs Eddy Iyamu) Osobu Adebowale, Stephen Ugoh and Akinwale Akinmeyi as first to six defendants respectively.

“The two charges against respondent had come up severally date without the respondent being present and his absence had continued to stall arraignment and/or trial in the case.

“It had took concerted effort of dedicated opertives of the commission to track the respondent down since he had jump bail over a year. He jump court order in the charge ID/1088C/2014 and administrative bail granted him prior filing charge.

“He had continuously refuse to make himself available for arraignment and trial.” Magistrate Awope therefore granted the EFCC prayer by granting the order that Karkitie be remanded in the EFCC custody, till August 21, 2017.

Source: Titilope Joseph
The Daily Trust News

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