Convicted internet fraudster, Amusa Azeez Abiodun, also known as Amusa Abiodun has been granted bail in the sum of N40 million.
This is the ruling of Justice Oluwatoyin Taiwo of a Special Offences Court in Ikeja, Lagos on Thursday.
The judge ruled that the defendant be granted temporary freedom if he is able to provide two sureties in like sum.
According to her, “One of the sureties must be a land owner in Lagos while another surety must be a close relative to the applicant, be it father, brother or brother-in-law.
“The person must be gainfully employed and must present identification card be it a voter’s card, National Identification Card or international passport .”
Earlier, at the resumed hearing, counsel to the the defendant, Olanrewaju O. Ajanaku urged the judge to grant his client bail promising to ensure his presence in court for trial.
But EFCC counsel, S.O Daji was opposed to the application for bail.
In the ensuing arguments, Mr. Ajanaku assured that his client won’t be a flight risk as he claimed the defenadant’s father-in-law, one retired Assistant Inspector General of Police, (AIG) Bello has a building worth over N90 million and is in court and ready to stand for him.
Daji Esq. urged the court for an accelerated trial on the grounds that the defendant was convicted for committing cyber crime.
He argued that barely a year, Amusa Azeez Abiodun had returned to the same offence he was convicted for.
Though, he has pleaded not guilty to allegations of retention of proceeds of a criminal conduct contrary to Section 17 (a) and (b) of the Economic and Financial Crimes Commission Establishment Act, 2004.
He denied alledged retainment of the control of the sum of N88,187,773.64k in his First Bank account 3085787943, which were proceeds of various internet and cyber crimes amongst other allegations.
