The coast is clear for trial of indicted staff of one of the leading financial institutions in Nigeria, Access Bank Plc, for offence of money laundering of one billion naira, forgery and stealing.
Ayoola Olaore and Hussain Abdulkadri has been penciled down for trial alongside a professional Chartered Accountant, Dare Osamo, to account for their roles in the alleged criminal transaction.
This is contained in the legal advice issues by Directorate of Public Prosecutions, DPP, in Lagos State
The Zone 2 Police Command had sought the DPP’s advice after its investigation indicted some members of staff of Access Bank Plc for colluding with the erstwhile Managing Director, Star Orient Nigeria Limited, Dare Osamo, and others to launder about N1bn.
The police had arraigned Osamo and two others on four counts bordering on forgery and stealing before the State Chief Magistrate Court in Yaba.
After their arraignment, the presiding Magistrate, A. A. Oshoniyi had ordered the Police to duplicate the case file for the DPP advise on their trial
In the advise, Directorate of Public Prosecutions, DPP, stated that sufficient facts exist to establish a prima facie case of conspiracy to commit felony, obtaining under false pretences, forgery and stealing against Dare Osamo and others.
The indicted staff and the Accountant, according to the police have laundered over N1bn from an aviation fuelling firm, Star Orient Nigeria Limited.
The legal advice dated February 24, 2021, was signed by the Director of Public Prosecutions, A. O. Adeyemi, for the Attorney-General and Commissioner for Justice, Lagos State.
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The legal advice read in part, “This office shall prosecute Dare Osamo, Ayoola Olore and Hussain Abdulkadir for the offences of conspiracy to commit a felony, obtaining under false pretences and forgery under sections 411, 314 (1) and (3) and 365 (1), respectively, of the Criminal Law Cap. C17, Vol.3, Laws of Lagos State 2015. Also, Dare Osamo has a case to answer for stealing under Section 287 of the Criminal Law Cap C17, Vol. 3, Laws of Lagos State 2015.
“Your duplicate case file is hereby retained to enable this office prosecute Dare Osamo, Ayoola Olore and Hussaina Abdulkadir for the offences of conspiracy to commit a felony, obtaining under false pretences and forgery under sections 411, 314 (1) and (3) and 365 (1), respectively, of the Criminal Law Cap. C17, Vol.3, Laws of Lagos State 2015. Also, Dare Osamo has a case to answer for stealing under Section 287 of the Criminal Law Cap C17, Vol.3, Laws of Lagos State 2015.
“You shall be notified once a hearing notice is received.”
The magistrate adjourned the matter till April 13, 2021.
