An Ikeja Special Offences Court has refused to grant an ex-convict, Kolawole Erinle bail in an alleged 1.4 million dollars internet fraud.
Justice Ramon Oshodi denied the defendant bail on the grounds that he had a previous criminal record and might not surrender himself for further trial.
He said, “It is remarkably clear that the bail documentations of the sureties were not agreed by my noble lord, Justice Taiwo before she retired. I must consider the probability that the defendant may not surrender himself again for further trial owing to the fact that he had a previous criminal record where he was jail in United States of America.
Oshodi explained that he was misled that the defendant was granted bail by Justice Taiwo before she retired, adding, “Bail is hereby denied and accelerated hearing is hereby ordered.”
The judge adjourned the case until May 15 for defendant to open defence.
Erinle is standing trial alongside his firm, Rinde-Remdex Nigeria Ltd on a three-count charge bordering on conspiracy, retention of proceeds of criminal conduct, and obtaining money under false pretence to the tune of 1.4 million dollars. However, the defendant, pleaded not guilty to the charge.
The Economic and Financial Crimes Commission (EFCC) counsel, Mr Temitope Banjo, had on Monday called the fourth and the last prosecution witness, an investigator with the commission, Mr Alex Ogbole, who testified against the defendant
Ogbole told the court how the EFCC led the Nigerian-end of the investigation into the alleged crime and that investigation showed that the mother of the defendant was a beneficiary.
The witness said that EFCC received a petition from the United States, US Federal Bureau of Investigation, (FBI) which indicated that the victim of the alleged fraud, Kansas City University of Medicine and Biosciences, (KCUMB) had been a victim of Business Email Compromise, (BEC).
The offence, the prosecution said, contravened the provisions of Section 8 of the Advanced Fee Fraud Related Offences, 2006