The Gombe Zonal Command of the Economic and Financial Crimes Commission has arraigned one Festus Agbomodion before Justice A. M. Anka of the Federal High Court, sitting in Yola, Adamawa State.
He was arraigned on Thursday on two-count charges on intent to defraud and obtain by false pretence.
This was to the tune of N12.5 million.
Count one reads: “That you Festus Agbomodion on or about 2nd of January, 2019 at Yola, Adamawa State, within the Jurisdiction of this Honourable Court, with intent to defraud did obtain the sum of N12,500,000 (Twelve Million, Five Hundred Thousand Naira only) from one Mr. Johnson Seun Femi under false pretence that the said sum was meant for the supply of two trucks of diesel to Bretrogeen Enterprises limited (A limited liability Company) which you knew to be false and hereby committed an offence contrary to Section 1 (1)(a) and punishable in Section 1(3) of Advance Fee Fraud and Other Related Offences Act, 2006.”
Another reads: “That you Festus Agbomodion and Okeke Magnus sometime on or about 2nd of January, 2019 at Yola, Adamawa State, within the Jurisdiction of this Honourable Court, did retain the sum of N12,500,000 (Twelve Million, Five Hundred Thousand Naira only) from one Mr. Johnson Seun Femi as money for the supply of two trucks of diesel to Bretrogeen Enterprises Limited (A limited liability Company) knowing or reasonably ought to have known that such fund formed part of a proceed of unlawful activity to wit, obtaining by false pretence and thereby committed an offense contrary to Section 15 (2)(d) and punishable in Section 15(3) of the Money Laundering Act, 2011.”
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In view of his plea of “not guilty”, prosecution counsel, M. O. Labaran, prayed the court for a trial date, while the defence counsel, S. O. Akporido, informed the court of an existing bail application for the defendant.
Justice Anka thereafter granted the defendant bail in the sum of N5 million and one surety in like sum.
The surety must be resident and own a landed property in the defendant’s community
The judge remanded him in Adamawa State Correctional Centre pending the fulfilment of his bail conditions and adjourned the matter to February 29, 2024 for trial.