Alleged $5m, N800m Fraud: Court Adjourns Defendant’s Trial Till June 28
Abdulazeez Abdulwahab
JUSTICE O. A.Okunuga of a Lagos State High Court sitting in Ikeja, yesterday (Thursday, 8th June 2023), adjourned till 28th June 2023 “for hearing” in the alleged fraud trial involving Sennaike Opeoluwa.
Opeoluwa, alongside his firm, Sennaike Consulting Limited, was arraigned by the Lagos Zonal Command of the Economic and Financial Crimes Commission (EFCC) on 9th May 2023 on a six-count charge bordering on obtaining money by false pretence, forgery and possession of false documents. 
The defendants were arraigned for allegedly fraudulently obtaining the sums of $5 million and N800 million from unsuspecting members of the public.
He pleaded “not guilty” to all the counts.
During the sitting on 31st May 2023, his counsel, Akeem Akinroye, moved the application for his bail and also prayed the court to exercise its discretion in favour of Opeoluwa.
“The defendant does not constitute a flight risk and he won’t abscond,” he said.
The prosecution, however, urged the court to dismiss the application and order an accelerated hearing.
Ruling on the application on 8th June after going through all the arguments canvassed by the parties, Justice Okunuga granted bail to the defendant in the sum of N50 million, with two sureties in like sum.
The sureties must be gainfully employed and show evidence of tax payment in the last three years.
The defendant was also ordered to deposit his passport with the Chief Registrar of the court.
The case was adjourned till 28th June 2023 “for hearing.”
Eighteen-Eleven Media
