Ex-NRC boss Edetanle remanded over alleged N165m, $385,000 fraud

The Special Offences Court successful Ikeja, Lagos, has ordered the remand of erstwhile Nigerian Railway Corporation, NRC, Managing Director, Fidet Okhiria Edetanle, successful a maximum correctional installation implicit alleged fraud involving much than N165 cardinal and $385,000.

Edetanle was arraigned by the Economic and Financial Crimes Commission, EFCC, connected a seven-count complaint for offences linked to his clip successful office.

The anti-graft bureau accused Edetanle of “abuse of office, wealth laundering, and unlawful enrichment” portion serving arsenic caput of the railway corporation.

He pleaded not blameworthy to the charges erstwhile they were work successful court, mounting the signifier for further ineligible proceedings.

Following the plea, prosecution counsel Abba Muhammad, SAN, asked the tribunal to hole a day for proceedings and asked that Edetanle beryllium remanded successful custody pending trial.

The defence counsel, Adebowale Kamoru, however, told the tribunal helium had conscionable received the complaint and requested a abbreviated adjournment to let him record a bail exertion for his client.

After proceeding arguments from some sides, Rahman Oshodi adjourned the lawsuit to May 13, 14 and 15 for the commencement of trial.

The tribunal besides directed that the suspect beryllium held successful a maximum correctional installation pending the determination of his bail request.

The lawsuit centres connected allegations that the erstwhile railway main engaged successful fiscal misconduct portion successful publ...