‘Illicit funds’: Otunla, ex-accountant-general, to face trial — despite ‘returning N6.39bn’ | TheCable
Bolanle OlabimtanThe court of appeal in Abuja has set aside a judgment which barred the Economic and Financial Crimes Commission from prosecuting Jonah Otunla, a former accountant-general of the federation.
“On the whole, the appeal is meritorious and it is allowed. The judgment of the federal high court, in suit number: FHC/ABJ/CS/2321/2021 delivered on the 16th day of July 2021 delivered by honourable justice I.E. Ekwo is hereby set aside.” Otunla had, in an affidavit, claimed that he met with Ibrahim Magu, former chair of the EFCC in 2015 when he was being investigated, and that the then-acting EFCC chair told him in person to “refund the monies linked to your companies and nobody will prosecute you”.
Otunla said in line with the agreement, one of the companies linked to him – Stellar Vera Development Ltd – refunded N750 million; another company – Damaris Mode Coolture Ltd – refunded N550 million, while the two firms later made additional joint refund of N2,150,000,000.
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