The Economic and Financial Crimes Commission (EFCC) yesterday arraigned a Lagos businesswoman and legal practitioner, Stella Achebe, before Justice S. S. Ogunsanya of a Lagos State High Court sitting in Ikeja on a one-count charge bordering on issuance of a dud cheque.
According to the head of media and publicity of the EFCC, Wilson Uwujaren, “Achebe allegedly issued a Diamond Bank cheque for the sum of N2 million only), in favour of one Daniel Ebinoh of Leinadibanie Nigeria Ltd, but was dishonoured on the ground of insufficient funds.”
When the charge was read to her, she pleaded not guilty.
In view of her plea, prosecuting counsel, Abosede Oluwabunmi asked for a trial date. She opposed the bail application of the defendant and asked for accelerated hearing of the case. However, defense counsel, Olanrewaju Ajanaku presented a bail application before the court. He argued that since Achebe did not jump the administrative bail offered her by the EFCC, she would make herself available for trial, if admitted to bail.
After listening to the submissions of counsel, Justice Ogunsanya granted her bail in the sum of N1million and two sureties in like sum. One of the sureties must be her relative, the other must have a landed property in Lagos and both gainfully employed.
They are also to provide evidence of three years tax payment.
Justice Ogunsanya subsequently adjourned the case till February 20, 2015.
