The Lagos Zonal Command of the Economic and Financial Crimes Commission, EFCC, reportedly arraigned Oladipo Jimoh and his firm, Barma Energy Resources Limited, before Justice Mojisola Dada of the Special Offences Court in Ikeja, Lagos. This was in relation to two-count charges bordering on the alleged theft of $60, 334.59 (Sixty Thousand, Three Hundred and Thirty Four Dollars, Fifty Nine Cents).
Allegedly, Oladipo Bankole Jimoh and Barma Energy Resources Limited, in Lagos, within the Ikeja Judicial Division, are accused of dishonestly converting the sum of $47,534.59, the property of Vale Blue Limited. The second count states that they dishonestly converted the sum of $12,800, property of Vale Blue Limited, during the same period.
Upon the reading of the two-count charges, the defendant, Oladipo Jimoh, pleaded “not guilty.” Subsequently, the prosecution counsel, G.C. Akaogu, requested a trial date to present evidence against the defendants and also appealed for the defendant to be remanded at a Correctional Centre. However, in response, defence counsel, A.K. Akpabio, mentioned the bail application filed on behalf of her clients. Consequently, she appealed for the defendant to be remanded in the EFCC custody until the bail is finalized.
After considering the arguments presented, Justice Mojisola Dada granted the defendant bail in the sum of N200 million. The bail requires two sureties, each with N100 million in their accounts or a valued landed property, and gainful employment. Additionally, the judge ordered that the defendant be remanded at the Correctional Centre pending the perfection of his bail. Due to the absence of Correctional officers in court, the judge ruled that, for security reasons, the defendant would temporarily be remanded in the EFCC custody. The case was adjourned till February 12, 2024, for the commencement of trial.
