THE trial of Kolawole Adedayo Erinle, alongside his firm, Rinde-Remdex Nigeria Limited, over an alleged $1.4m fraud before Justice Ramon A. Oshodi of a Special Offences Court sitting in Ikeja, Lagos could not continue again today, 3rd February 2023, due to the absence of the counsel for the second defendant.
Erinle, who is standing trial on a three-count charge bordering on conspiracy, retention of proceeds of criminal conduct and obtaining money under false pretence to the tune of One Million Four Hundred and Ten Thousand United States Dollars ($1,410,000) was earlier arraigned before Justice Oluwatoyin Taiwo of a Special Offences Court sitting in Ikeja, Lagos, on 11th March 2022.
However, the trial could not be concluded before the retirement of Justice Taiwo, thereby prompting the reassignment of the case to Justice Oshodi.
The defendant is alleged to have defrauded the Kansas City University of Medicine and Biosciences (KCUMB) in the United States of about $1,412,509.