• About Us
  • Advertise
  • Contact Us
  • Privacy Policy
Thursday, December 25, 2025
No Result
View All Result
NewsNet Nigeria
  • Home
  • News
    • Local News
    • National
  • Politics
  • Economy
    • Oil and Gas
  • Crime
  • Education
  • Health
  • Entertainment
    • Lifestyle
  • Sports
  • MORE
    • Interview
    • Editorial
    • Opinion
    • Columns
    • Science & Tech
    • Videos
NewsNet Nigeria
No Result
View All Result
Home Crime

Ex-NDDC ED, Tuoyo Omatsuli has alleged N3.6bn fraud case to answer – Appeal Court

by NewsNet Nigeria
4 years ago
in Crime
Ex-NDDC ED, Tuoyo Omatsuli has alleged N3.6bn fraud case to answer – Appeal Court

Tuoyo Omatsuli

Share on FacebookShare on TwitterShare on LinkedinShare on Whatsapp

The Court of Appeal, Lagos Division has dismissed a lower court ruling, which discharged a former Executive Director, Projects, Niger Delta Development Commission (NNDC) Tuoyo Omatsuli, of involvement in an alleged N3.645billion money laundering case.

A three-man panel of the court led by Justice Peter O. Affem made the decision on Wednesday, April 13, 2022.

It upheld the contention of the Economic and Financial Crimes Commission (EFCC) which sought to upturn the ruling of the Federal High Court in Lagos that cleared Omatsuli.

Justice Festus Obande Ogbuinya, who read the appellate court’s decision, held that the November 11, 2020 ruling of the lower court that discharged Omatsuli of the money laundering charges “is hereby set aside and he shall enter into his defence accordingly on the same counts.”

The appellate court, however, discharged Omatsuli of counts 27, 28 and 29 on the charge.

Tuoyo is facing trial alongside Francis Momoh, Don Parker Properties Limited and Building Associates Limited on an amended 45-count charge bordering on conspiracy and money laundering to the tune of N3.645billion.

One of the counts reads: “That you, Engr. Tuoyo Omatsuli, Don Parker Properties Limited, Francis Momoh and Building Associates Limited, between August 2014 and September 2015 at Lagos, within the jurisdiction of this Honourable Court, conspired to disguise the illegal origin of N3,645,000,000 being proceeds of unlawful activity to wit: corruption and gratification; and thereby committed an offence contrary to Section 18 of the Money Laundering Act 2011 as amended by Act No 1 of 2012 and punishable under Section 15 (3) of the same Act.”

Omatsuli pleaded “not guilty”.

In the course of the trial, prosecution counsel Ekene Iheanacho called 16 witnesses, the last being Segun Temitope, a staff of the Special Control Unit against Money Laundering, SCUML, who gave his testimony on July 7, 2020.

However, rather than open their defence, the defendants had filed a no-case submission, which was heard on October 12, 2020, while ruling was reserved till November 11, 2020.

In his ruling on November 11, 2020, Justice Saliu Saidu discharged first defendant, Omatsuli, saying, “I have gone through the charge preferred against the defendants as well as the evidence of all the 16 prosecution witnesses and I found no reason for the first defendant to enter the defence.

“Accordingly, the first defendant is hereby discharged.”

The Judge, however, held that the other defendants had a case to answer.

Consequently, the EFCC appealed the ruling of the lower court.

In its ruling, the Appellate Court also dismissed the applications of Momoh and Building Associates Limited seeking to set aside the ruling of the lower court on their no-case submission.

It affirmed the ruling of the lower court on the no-case submission filed by both Momoh and Building Associates because their appeal “is bereft of merit” and ordered them to enter their defence accordingly.

(Report, excluding headline courtesy of The Nation)

Previous Post

INEC gives reason for 1.1million invalid voter registrations

Next Post

Delta APC scribe, Nick Ovuakporie emerges spokesperson of Conference of APC Secretaries Nigeria

MORE NEWS

Landlord Killed Over Electricity Bill in Delta, Tenant on the Run
Crime

Landlord Killed Over Electricity Bill in Delta, Tenant on the Run

December 22, 2025
Nwoko Intervenes as Onicha-Olona Tech Youths Regain Freedom After 18 Months in Military Custody
Crime

Nwoko Intervenes as Onicha-Olona Tech Youths Regain Freedom After 18 Months in Military Custody

December 10, 2025
BREAKING: Delta Police Arrest Prime Suspect in Murder of Retired Justice Okogwu, Recover Victim’s Phone, Accomplice Held
Crime

BREAKING: Delta Police Arrest Prime Suspect in Murder of Retired Justice Okogwu, Recover Victim’s Phone, Accomplice Held

December 7, 2025
Delta Police Smash Cult, Armed Robbery Syndicates in Ibusa, Sapele-Warri Axis
Crime

Two Pump-Action Guns Recovered in Abraka as Police Arraign 18 Drug Suspects

December 6, 2025
Next Post
Delta APC scribe, Nick Ovuakporie emerges spokesperson of Conference of APC Secretaries Nigeria

Delta APC scribe, Nick Ovuakporie emerges spokesperson of Conference of APC Secretaries Nigeria

Leave Comment

RECENT STORIES

Christmas: Efe Ofobruku Felicitates Okpe, Sapele, Uvwie Constituents, Deltans Worldwide

Christmas: Efe Ofobruku Felicitates Okpe, Sapele, Uvwie Constituents, Deltans Worldwide

December 25, 2025
Osubi Airport: From Abandonment to a Hard-Won Comeback

Osubi Airport: From Abandonment to a Hard-Won Comeback

December 23, 2025
UPIO Confers Integrity Award on Dafinone, Hails Role in Okuama Peace, Ewu Monarch’s Release

UPIO Confers Integrity Award on Dafinone, Hails Role in Okuama Peace, Ewu Monarch’s Release

December 23, 2025
Landlord Killed Over Electricity Bill in Delta, Tenant on the Run

Landlord Killed Over Electricity Bill in Delta, Tenant on the Run

December 22, 2025
‘It’s All Vanity’: Late Senator Nwaoboshi’s Stark Words on Wealth Resurface After Death

‘It’s All Vanity’: Late Senator Nwaoboshi’s Stark Words on Wealth Resurface After Death

December 21, 2025

TRENDING STORIES

  • Shock as Ex-Senator Peter Nwaoboshi Collapses, Dies in Abuja; Oborevwori Mourns

    Shock as Ex-Senator Peter Nwaoboshi Collapses, Dies in Abuja; Oborevwori Mourns

    0 shares
    Share 0 Tweet 0
  • Residents of Ihiala in Anambra flee over military invasion

    0 shares
    Share 0 Tweet 0
  • Landlord Killed Over Electricity Bill in Delta, Tenant on the Run

    0 shares
    Share 0 Tweet 0
  • ‘It’s All Vanity’: Late Senator Nwaoboshi’s Stark Words on Wealth Resurface After Death

    0 shares
    Share 0 Tweet 0
  • PIA Betrayed From Within as Uherevie Communities Blast Trust Leaders

    0 shares
    Share 0 Tweet 0
  • About Us
  • Advertise
  • Contact Us
  • Privacy Policy

NEWSNET NIGERIA Published By: Morex Consult Limited - Since 2020.

No Result
View All Result
  • Home
  • News
    • Local News
    • National
  • Politics
  • Economy
    • Oil and Gas
  • Crime
  • Education
  • Health
  • Entertainment
    • Lifestyle
  • Sports
  • MORE
    • Interview
    • Editorial
    • Opinion
    • Columns
    • Science & Tech
    • Videos

NEWSNET NIGERIA Published By: Morex Consult Limited - Since 2020.