Oluokun was arraigned before Justice Oluwatoyin Taiwo on two counts bordering on the issuance of dud cheques to the tune of $1.6m.

According to the EFCC, the defendant approached the Managing Director and Chief Executive Officer of GOSL Nigeria Limited, Emmanuel Ekpeyong, for loans of $1m and $666,666 to enable him to carry out operational activities in his company’s oil field in Bayelsa State and assured the complainant that he would repay the money within a year.

The defendant was alleged to have issued two post-dated Standard Chartered Bank Nigeria Limited cheques on June 26, 2014, for the sums of $1m and $666,666, but when the cheques were presented for payment, they were returned due to insufficient funds in the account of the drawer.

The EFCC alleged that Oluokun diverted the sums to his personal use, including procuring a mausoleum at the Vaults and Garden.

However, at the resumed proceedings on Wednesday, a staff of Vaults and Gardens, Chidi Chidiebere, while being led in evidence by the EFCC prosecutor, S. O. Daji, told the court that Oluokun procured a mausoleum for the burial of his mother.

Chidiebere further told the court that the total payment received for the services rendered from Oluokun was N49,676,666 through Peak Petroleum.

Another witness, who is the Managing Director of a financial services company, Classic Sorting Nigeria Limited, Ademola Adeyemi, told the court that Oluokun had approached him sometime in October 2013 to help him to convert the sum of $500,000 to naira.

He said, “Classic Sorting was able to provide the naira equivalent of N79,500,000 at the rate of N159 to a dollar, and it was a purely business transaction between both companies.

“Classic Sorting is not into oil exploration and Pastor Oluokun and I never discussed anything about using the funds received for any oil business.”

Justice Taiwo adjourned the matter till May 24 and 26 for the continuation of trial.

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The convict was said to have, under false pretence, obtained the said sum as loan to supply 22 trucks of diesel to News Agency of Nigeria, NAN, and diverted it to other purposes other than what it was meant for.

The offence contravenes Section 1 (1) a, Section 1 (b) (i) and Section 1 (b) (i) of the Advance Fee Fraud Act, 2006 and Dishonoured Cheque Offences.

She pleaded not guilty to the counts when she was arraigned.

After diligent prosecution, Justice Aboki found Abraham guilty on all three counts.

Delivering the judgment, Justice Aboki sentenced her to 10years imprisonment on count one and two years each on counts two and three without option of fine.

While the sentence is to run concurrently, the convict is to refund all monies collected from the complainant.

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The accused person pleaded not guilty on all counts, subsequently, the defense counsel, O.A.U Onyema prayed the court to grant the accused bail.

But the prosecuting counsel, M.A Shehu opposed the bail application and immediately drew the attention of the court to two separate applications for bail by the defense. The defense counsel immediately withdrew the earlier application, which the court granted.

The EFCC counsel then prayed the court to adjourn the case to enable the prosecution respond to the bail application.

“Filing two different motions for bail for the same accused person in the same court is an abuse of court process hence I could not respond to any of the motions. I therefore pray the court to adjourn to allow prosecution file its counter to the motion.” Shehu said.

The court granted the prosecutions’ plea, and then adjourned to June 6, 2016, for hearing of the motion for bail and commencement of trial, while the accused person continued to enjoy the administrative bail granted her by the EFCC.

Nwagu allegedly took a loan of N8, 433,547.00 from a licensed money lender, and further introduced seven others who jointly took loans from same lender, with Nwagu standing as guarantor.

The monies borrowed plus accrued interest amounted to a total sum of N25, 859,031.00, for which all seven borrowers and Obiageli issued cheques of different banks which when presented for payment were returned unpaid as the various accounts were not funded.

One of the charge reads: “That you, Obiageli Nwagu trading under the name and style of Pizzaz Enterprises on or about the 2nd day of December, 2013 at Enugu within the jurisdiction of the High Court of Enugu State issued a First City Monument Bank Plc cheque No: 01952241 dated 2nd December, 2013, valued at N3,800,000.00 to Chinwe Uzakah, the said cheque when presented for payment within three months was dishonored on the grounds that insufficient funds were standing to the credit of the account upon which it was drawn and thereby committed an offence contrary to Section 1(1) of the Dishonored Cheque (Offences) Act, Cap D11, Laws of the Federation 2004 and punishable under Section 1(1) (b) of the same Act”.

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The suspect had allegedly indicated interest in a plot of land located at Plot No. 1750, Cadastral Zone Co4 Dape, Abuja, which one Musa Annas Sabi of Kamba Engineering Services wanted to sell for N60m.

Although the accused is said to have made an initial deposit of N15m to Sabi, he could not complete the balance at the agreed time.

As a result, Sabi resolved to return the N15m he had initially received from the accused person, when he (the accused person) said he was no longer interested in the land.

But all efforts by Sabi to return the money were allegedly rebuffed by the accused person.

Unknown to Sabi, the accused person allegedly later sold the piece of land to the complainant, FirstChoice Properties Limited, for N300 million, using some forged letter head of Kamba Engineering Limited, Certificate of Occupancy and Memorandum of Understanding, among others.

The accused person pleaded not guilty to the charges when they were read to him.

In view of the plea by the accused person, the prosecution counsel, Salisu Majindadi, asked the court for two or three days to open and close his case, adding that he has enough witnesses to testify against the accused person.

The defence counsel, O.J. Aboje then moved the motion for bail application on behalf of the accused person.

After listening to both counsel, Justice Balami adjourned to December 1, 2015 for ruling on the bail application.

In a related development, the EFCC also arraigned one Salami Adejare before Justice A.I Kutigi of an FCT High Court sitting in Apo, Abuja on a 2-count charge bordering on issuance of dud cheque.

Adejare allegedly issued two separate cheques in the name of S. Adejare Nigeria Limited to the tune of N40m in favour of New-Way Nigeria Limited sometime in August, 2013.

Upon presentation for payment, the cheque was returned unpaid for insufficient funds in the account, in contravention of Section 1 (1) (b) of the Dishonoured Cheques (Offences) Act Cap D11 Laws of the Federation of Nigeria 2004 and punishable under Section 1 (1)(b) of the same Act.

The accused pleaded not guilty to the charge when it was read to him and the judge admitted the accused to bail in the sum of N5m with one surety not below grade level ten (GL 10) in the civil service and adjourned to January 21, 2016 for hearing.

The accused is to be remanded in Kuje prison custody until the bail terms are met.

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