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    Home»News»Alleged N178.8m Fraud: Court Adjourns Re-arraignment Of Cooperative Society Executives Till May 29
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    Alleged N178.8m Fraud: Court Adjourns Re-arraignment Of Cooperative Society Executives Till May 29

    HumsiBy HumsiMarch 27, 2025No Comments3 Mins Read
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    By Miriam Humbe

    Justice Sharon T. Ishaya of Federal High Court, sitting in Jos, Plateau State, on Thursday, March 27, 2025 adjourned until May 29 and 30, 2025, the re-arraignment and trial of Secretary and Chairman of Covenant Fadama Multi-purpose Cooperative Society, Jos, Okewole Dayo and Bishop Katung Jonas.

    Dele Oyewale, the EFCC’s Head of Media and Publicity disclosed this in a statement signed on Thursday.

    The Economic and Financial Crimes Commission, EFCC is prosecuting Dayo, Jonas, and late Mamman Irmiya Jatau on a 23-count charge, bordering on conspiracy, obtaining by false pretense and money laundering to the tune of ₦178,885,000 (One Hundred and Seventy-Eight Million, Eight Hundred and Eighty-five Thousand Naira).

    The adjournment followed the amendment of the charges by the prosecution and the need for the defendants to study the alteration before taking their pleas.

    As proceedings commenced, defence counsel C.I. Nwogbo, representing the first defendant, and G.G. Aji, representing the second defendant, informed the court that they were only served the amended charges in the morning and requested time for their clients to study the new charges before responding.

    “My Lord, we were only served the amended charge at 9am today. We believe we ought to have received it earlier so that our clients could review the charges against them. In these circumstances, we are applying for an adjournment to allow the first defendant to study the charges and prepare his response,” he said.

    In his response, prosecution counsel, Ibrahim Buba, explained that the only change in the charges was the removal of Dadin Kowa Microfinance Bank, since its licence had been revoked by the Central Bank of Nigeria, CBN, stating that the Commission needed to satisfactorily confirm the bank’s status with the apex bank before filing the amendment.

    He urged the court to proceed with the arraignment since the defendants are familiar with the previous charge, which included the bank, since about two months ago.

    “My Lord, the reason for filing the amended charge a day before the scheduled arraignment was because we had to write to the CBN to confirm the status of Dadin Kowa Microfinance Bank, and subsequently amended the charge to remove the bank. Apart from this change, the charges remain largely the same,” he said.

    Justice Ishaya, however, ruled that arraignment was an integral part of a fair trial and that the defendants must be given adequate time to prepare their defence. She adjourned the case till May 29 and 30, 2025, for re-arraignment and commencement of trial.

    The defendants allegedly lured unsuspecting members of the public to invest in their fraudulent cooperative society and allegedly transferred the proceeds of their crime to various banks which later withdrew through their proxies for acquisition properties in Jos and Kaduna.

    Bishop Katung Jonas Covenant Fadama Multi-purpose Cooperative Society EFCC Jos Okewole Dayo Plateau State
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