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Four Middle-Aged Men Remanded in Prison For Stealing $500,000

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Justice Josephine Oyefeso, heard the case of four middle-aged men Adeyemi Oluwaseun, Suleiman Yusuf Obhakume, Yusuf Imran Adekunle and Hakuna Issah, who were charged for stealing $500,000 belonging to First Marina Trust Limited.

The suspects who had been remanded in the Ikoyi Prison before appearing in court pleaded not guilty to a two-count charge bordering on conspiracy to steal leveled against them.

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Vanguard newspaper reports that the prosecution counsel Zainab Ettu, in her opening statement told the court that the defendants committed the offence on September 16, 2016. Ettu also informed the court that the offence is contrary to Sections 409 and 285(1) of the Criminal Law of Lagos State, 2011.

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Counsel to the third and fourth defendants, Mr. Abass E., had pleaded to the court that the defendants should be remanded in Ikoyi Prisons, while asking for short adjournment to argue their bail applications.

Counsel to first defendant, Mr. O. Awonuga, also applied for short adjournment to file a written address to argue the bail application.

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Justice Oyefeso, in a short ruling ordered that the defendants be remanded in Ikoyi Prisons pending the hearing and adjourned the matter till July 11 for hearing of all the pending applications.


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