The Economic and Financial Crimes Commission on Wednesday arraigned one Gabriel Inwunoba and Tag Bureau De Change Limited before Justice Adeniyi Onigbanjo of the Lagos State High Court Ikeja on a two count charge bordering on intent to defraud and conspiracy to steal the sum of N7,600,000 belonging to Nairs Supermarket Limited.
One of the charges reads: “Gabriel Inwnoba and Tag Bureau De Change Limited on or about the 1st day of August, 2011 at Lagos within the Ikeja Judicial Division with intent to defraud conspired to steal the sum of N7, 600,000.00 (Seven Million, Six Hundred Thousand Naira) property of Nairs Supermarket Limited.”
The accused pleaded not guilty to the charges.
EFCC counsel, D. M Nabal, asked the court for a trial date and that the accused persons be remanded in prison custody.
Counsel to the 1st and 2nd accused persons, N. O. Balogun, presented an application for bail and prayed the court to grant bail to the 1st accused person on grounds of ill health.
Justice Onigbanjo granted bail to the accused person in the sum of N500,000 and two sureties in like sum.
The sureties must be grade level 14 and above officers in the Lagos State Civil Service.
They must swear to an affidavit of means and must have landed properties with proof of ownership within the Lagos environment.
They must also show evidences of verified tax clearance and all these must be ascertained by an EFCC official.
The judge adjourned the matter till March 26 and April 4, 2013 and ordered that the accused person be remanded in prison custody should he fail to meet the bail conditions.
Two arraigned over N7.6m scam
