#nomofosdotcom N115m Scam: EFCC Arraigns IITA Director-General

On October 30, 2014 the Economic and Financial Crimes Commission (EFCC)accused Benjamin Adefemi Ogunbodede who is the Director-General of the International Institute of Tropical Agriculture and three others of stealing N115,000,000.
Adefemi Ogunbodede, Zaccheaus Tejumola, Adenose Clement and Jalekun Omitowoju were arraigned before Justice N. Ayo Emmanuel of a Federal High Court in Ibadan, Oyo State.
This story started when Ogunbodede was alleged in petition written by Academic Staff Union of Universities to the EFCC. Adefemi Ogunbodede was falsely claimed to have used the sum of N115 million to pay hazard allowance to its members in December 2013. Besides, Director- General he claimed to have used the sum of N15 million to harvest crops, when he actually spent N800,000. However, they pleaded not guilty.
Count one reads: "That you Professor Benjamin Adefemi Ogunbodede, Zaccheaus Tejumola, Adenose Clement, Jalekun Omitowoju Yisau, Afribiz Viables Ventures, Allied Aque-Forte Ventures, Manifield Mercies Ventures, Agbeloba Agrotech Ventures Limited, Torosbury International Agency Limited, Cradle Engineering Services Limited, Momm Limited, Al-Tora Allied Business, Arieco Trading Ventures, on or about the 6th day of June, 2011 within the jurisdiction of this Honourable Court conspired amongst yourselves to commit an offence to wit: conversion of the sum of N115, 750,000 (One Hundred and Fifteen Million, Seven Hundred and Fifty Thousand Naira) which sum was derived from theft and you thereby committed an offence contrary to section 18(a) of the Money Laundering (Prohibition) Act 2011 No.11 and punishable under section 15(1)(a) of the same Act".
Rotimi Oyedepo, prosecuting counsel remand the accused in prison. Justice Ayo Emmanuel adjourned the matter till November 11, 2014 for hearing and remanded all the accused persons in Agodi prison, Ibadan.

Source: naij