The N82.5m fraud: Court adjourns case against Kwara ex- lawmaker till Oct 6
The Economic and Financial Crimes Commission, (EFCC),
on Tuesday, arraigned Oladimeji Mohammed Edun, a
former member, Kwara State House of Assembly, alongside
his company, Zarab Ventures Limited, before Justice
Mahmud Abdulgafar of the High Court of Kwara State,
sitting in Ilorin on a three-count charge bordering on
criminal diversion of funds.
Edun, allegedly secured a contract for his company, Zarab
Ventures Limited, for drilling of 43 motorised boreholes
across different locations in the state under the Millennium
Development Goals – Conditional Grant Scheme, project to
the tune of N82.5million between 2008 and 2009, but
abandoned the projects after collecting 90 per cent of the
contract sum.
Count three of the charge reads: "That you, Oladimeji Moh
Edun(being managing director and chief executive officer
and sole signatory of Zarab Ventures Limited) and Zarab
Ventures Limited on or about May 21, 2009 in Ilorin within
the Ilorin Judicial Division of the High Court of Kwara State
while in such capacity did dishonestly misappropriate the
sum of N7,000,000.00 which was part of the money
entrusted to you by the Kwara State MDG'S- CGS for the
construction of boreholes in some local government areas
and you thereby committed an offence contrary to Section
308 of the Penal Code and punishable under Section 309 of
the same Act."
The case has been adjourned till October 6, for hearing.
on Tuesday, arraigned Oladimeji Mohammed Edun, a
former member, Kwara State House of Assembly, alongside
his company, Zarab Ventures Limited, before Justice
Mahmud Abdulgafar of the High Court of Kwara State,
sitting in Ilorin on a three-count charge bordering on
criminal diversion of funds.
Edun, allegedly secured a contract for his company, Zarab
Ventures Limited, for drilling of 43 motorised boreholes
across different locations in the state under the Millennium
Development Goals – Conditional Grant Scheme, project to
the tune of N82.5million between 2008 and 2009, but
abandoned the projects after collecting 90 per cent of the
contract sum.
Count three of the charge reads: "That you, Oladimeji Moh
Edun(being managing director and chief executive officer
and sole signatory of Zarab Ventures Limited) and Zarab
Ventures Limited on or about May 21, 2009 in Ilorin within
the Ilorin Judicial Division of the High Court of Kwara State
while in such capacity did dishonestly misappropriate the
sum of N7,000,000.00 which was part of the money
entrusted to you by the Kwara State MDG'S- CGS for the
construction of boreholes in some local government areas
and you thereby committed an offence contrary to Section
308 of the Penal Code and punishable under Section 309 of
the same Act."
The case has been adjourned till October 6, for hearing.
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