Cross Country Boss Charged by EFCC for Stealing N82.85m

efccA mild drama played out at the premises of the Federal High Court in Lagos on Wednesday when operatives of the Economic and Financial Crimes Commission (EFCC) arrested the Chief Executive Officer of Cross Country Transport Company, Bube Okorodudu, shortly after testifying in a criminal matter.

Okorodudu has been having running battle with the Chief Executive Officer of A.G Moeller Limited, Kemi Adeloye, over a lease agreement between them.

The Cross Country boss had petitioned the police, alleging that Adeloye was operating an illegal lease company, a development, which prompted the police to file criminal charge against Adeloye.

Shortly after testifying in the criminal matter against Adeloye before Justice Okon Abang, Okorodudu was quizzed and whisked away by the EFCC operatives.

Daily Independent gathered that Okorodudu also petitioned the EFCC in respect of the matter, while Adeloye also filed cross petition.

After a thorough investigation, the EFCC was said to have established a prima facie evidence of fraud against Okorodudu, while a criminal charge was equally filed against him before the Lagos State High Court.

Okorodudu, it was further gathered, had been evading appearing before the Lagos High Court to face the trial, which necessitated the action of the EFCC in apprehending him within the court premises.

The arrest in court drew attention of people within the Federal High Court premises in Ikoyi.

As at the time of filing this report, it was not clear whether Okorodudu had been released by the EFCC.

EFCC’s spokesperson, Wilson Uwujaren, did not pick the numerous calls placed to his line for comments on the development when contacted by our reporter. He also failed to reply a text message sent to him in that regard.

Adeloye is being prosecuted over allegations of operating an illegal lease company.

He had earlier filed a motion seeking to quash the charges.

He had also pleaded not guilty to the five-count charge bordering on conspiracy and illegal transaction worth about N14O million without a valid license by the Central Bank of Nigeria.

But the accused had contended that the charge does not disclose any prima facie case against him, and that the charge was purely meant to overreach the civil suit he had filed against Okorodudu and his company in a bid to recover his (Adeloye’s) investment.

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