Ex-Lagos Speaker Ikuforiji Cleared of 12-Year-Old Money Laundering Charges
Former Speaker of the Lagos State House of Assembly, Adeyemi Ikuforiji, has been acquitted of all money laundering charges filed against him by the Economic and Financial Crimes Commission (EFCC) over 12 years ago.
Ikuforiji, along with his former Personal Assistant, Oyebode Atoyebi, faced 54 counts of money laundering involving N338.8 million.
Both Ikuforiji and Atoyebi were granted bail after pleading not guilty during their initial arraignment in 2012.
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The trial, which spanned more than 12 years and was overseen by two different trial judges, culminated in their acquittal.
In May, the trial judge, Mohammed Liman, of the Lagos division of the court, adjourned for judgement after listening to the final arguments of the prosecution and the defence during a virtual court hearing.
The Defence Counsel, Dele Adesina, SAN, called three witnesses, including Ikiforiji who testified that he was being prosecuted based on a faceless petition.
The court acquitted Ikuforiji of all 54 counts on Monday.
