Abdulazeez Abdulwahab
JUSTICE Mojisola Dada of a Lagos State Special Offences Court sitting in Ikeja, yesterday Wednesday, 11 October 2023, adjourned till 1 December 2023 for judgment an alleged One Billion, Seven Hundred Mullion Naira (N1.700,000,000.00) fraud case involving Kayode Odukoya, Managing Director and Chief Executive Officer of First Nation Airways Limited.
Odukoya is facing trial, alongside First Nation Airways Limited and Belleview Airlines Limited, on seven-count charges bordering on forgery, use of false document, perjury, stealing and obtaining credit by fraud, contrary to sections 85(1), 86(1), 278(1)&(b), 285(1), 313(1)(a) &(b), 361(1)(a)& (b), 363 (1) and 364(1) of the Criminal Code Law of Lagos State of Nigeria 2011.
One of the counts reads: “Kayode Odukoya and First Nation Airways, on or about the 29th day of August 2013 in Lagos, within the Ikeja Judicial Division, by means of fraud, obtained the credit of N307,268,406.43 for yourselves from Skye Bank Plc (now Polaris Bank Plc) and made the bank to incur liability by presenting a Memorandum of Loss at Lagos State Certificate of Occupancy registered as No.33 at page 33 in Volume 1011 at the Lagos State Registry, Alausa, Ikeja in respect of property being and situate at No. 29 Oduduwa Street, Ikeja GRA. Lagos State.”
Another count reads: “Kayode Odukoya, First Nation Airways Limited and Bellview Airlines Limited, on or about the 7th day of October 2016 in Lagos, within the Lagos Judicial Division, dishonestly converted to your own use the sum of One Billion, Seven Hundred and Forty-one Million, Nine Hundred and Ninety-four Thousand, Nine Hundred and Sixty-two Naira, Four Kobo (N1, 742,994,962.04) property of Skye Bank Plc.”
He pleaded “not guilty” to the charges, thereby prompting the commencement of trial.
The prosecution, before closing its case on 30 November 2020, called five witnesses and tendered several documents to prove the case against the defendants.
However, the defendant, through his counsel, E.D. Onyeke, had applied for a no-case submission.
Justice Dada, on 11 January 2022, dismissed the no-case submission and also ordered the defendant to open his defence.
The defendant, thereafter, took to the dock to defend himself. He denied the allegations levelled against him.
Following the conclusion of his defence, Justice Dada had adjourned for the adoption of final written addresses.
At Wednesday’s proceedings, prosecution counsel, Nnaemeka Omewa, adopted the final written address of the prosecution and urged the court to hold that the prosecution proved its case against the defendant.
Onyeke also adopted the final written address of the defence. He, however, urged the court to discharge and acquit his client.
After listening to both parties, Justice Dada adjourned till December 1, 2023 for judgement.
Eighteen-Eleven Media