EFCC arraigns Kogi Politician Okomoda, two other suspected Impostors For N141.7m Securities Scam
A Kogi State born Politician who hails from Kabba named Raphael
Olorunfemi Okomoda was on Monday July 7, 2014 arraigned alongside two
suspects: Mohammed Rabiu, and Adegbesan Theophilus by the Economic and
Financial Crimes Commission, EFCC, before Justice Lawal Akapo of a Lagos
High Court sitting in Ikeja.
The trio was arraigned on different criminal counts, all bordering on
conspiracy, obtaining money by false presence, stealing, impersonation,
forgery, using false document and money laundering while Lawan charged
with 19-counts, Okomoda and Theophilus were charged with 7-counts each.
The defendants, Mohammed Rabiu Lawan (65), Raphael Olorunfemi Okomoda
(50), and Adegbesan Theophilus (38), got into trouble, when they were
arrested by operatives of the Commission, following a report of
fraudulent sale of shares of two deceased shareholders who had shares in
several blue chip companies including, Agip Nigeria Limited, Total Oil,
Union Bank Nigeria Plc, Nestle Nigeria Plc, Mobil Oil Nigeria Plc,
Unilever Nigeria Plc and Nigeria Breweries Plc.
The stocks originally belonged to Alhaji Shande Ako Dzungwe and
Alhaji Isa Koto (both deceased) but were fraudulently claimed, converted
and sold by the three defendants. Lawan allegedly forged identity
cards, drivers licenses; school certificates and international passports
of both Dzungwe and Koto, to perfect the scam.The total value of shares converted and sold by the three defendants was N141,652,951( One Hundred and Forty One Million, Six Hundred and Fifty Two Thousand, Nine Hundred and Fifty One Naira)
The defendants pleaded not guilty to all the charges preferred against them.
In view of their plea, prosecuting counsel, Fadike Giwa, prayed the
court for a trial date and the remand of the defendants in prison
custody. Giwa informed the court that she had filed a 22-paragraph
counter-affidavit and a written address urging the court to deny the
defendants bail in favour of accelerated hearing of the suit.
Counsel to the three defendants, J. H. Bashir, informed the court of
his bail application and a written address, urging the court to grant
the defendants bail. He specifically prayed the court to admit the
defendants to bail “owing to their fragile health condition,” but Giwa
countered that the EFCC had been taking good care of the medical needs
of the defendants.
Justice Akapo, after listening to both counsel, adjourned the case
till July 8, 2014 for ruling on bail applications and ordered that the
defendants be remanded in Kirikiri Maximum Prison, Lagos.
One of the charge reads: “Mohammed Rabiu Lawan (alias Shande Ako
Dzungwe), Raphael Olorunfemi Okomoda, Adegbesan Theophilus and others
(still at large) on or about the 16th day of May, 2013 at Lagos within
the Ikeja Judicial Division with intent to defraud, conspired to obtain
the sum of N11, 493,137.83 (Eleven Million, Four Hundred and Ninety
Three Thousand, One Hundred and Thirty Seven Naira, Eighty Six Kobo)
property of late Shande Ako Dzungwe”.
Another count read: “Mohammed Rabiu Lawan (alias Isa Koto) on or
about the 16th of May, 2013 at Lagos within the Ikeja Judicial Division
with intent to defraud posed as Alhaji Isa Koto and fraudulently
instructed Fidelity Security Limited to sell 216,625 units of Guinness
Plc shares valued at N44,092,048 (Forty Four Million, Ninety Two
Thousand and Forty Eight Naira) and transferred the proceeds into a
Fidelity Bank account you opened in the name of the said Alhaji Isa Koto
and withdrew same”.
Wilson Uwujaren
Head, Media & Publicity
7th July, 2014
Category: Anti-scam Campaign
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