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EFCC rearraigns Airline boss for ₦2.1bn fraud

The Economic and Financial Crimes Commission (EFCC), has re-arraigned the Managing Director of First Nation Airways Limited, Mr. Kayode Odukoya before an Ikeja Special Offences Court, Lagos, for obtaining a credit facilities worth of ₦2.1 billion from a commercial bank through forgery.

The Commission alleged that the Airline Boss forged a memorandum of loss of Lagos State certificate of occupancy to secure the loan facilities.

Mr. Odukoya who was earlier docked on a four count charge along his companies, First Nation Airways Limited and Bellview Airlines Limited was re-arraigned on seven count charges bothering on forgery, use of false document, perjury, stealing and obtaining credit by fraud. He pleaded not guilty to all the charges.

Upon his ‘not guilty’ plea, the prosecuting counsel, Mr. Nnaemeka Omewa, informed the court that the commission would be closing its case having called five witnesses to prove the allegations.

Meanwhile, his counsel, Mr. Edoka Onyeke prayed to court for the Airline boss to continue to enjoy his earlier bail granted. He prayed further to ask the court to recall three prosecutor witnesses who had testified earlier in the trial.

Subsequently, the Presiding Judge, Justice Mojisola Dada granted the application of the defence counsel and adjourned the case to February 15–18, 2021 for Mr. Odukoya to open his defence.

Wahab Akinlade

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