N8bn CBN Fraud: EFCC Opposes Bail For Accused

As the trial of some bankers, including the staff of Central Bank of Nigeria and some commercial banks over alleged fraud amounting to N8 billion continues, the Economic and Financial Crimes Commission, EFCC, has urged the Federal High Court in Ibadan to reject their bail applications, noting that the accused persons might jump bail due to the weighty allegations against them.

The anti-corruption agency, which was represented in court by Mr. Rotimi Jacobs and other retinue of lawyers, argued that if the accused persons were granted bail, they could obstruct the course of justice.

Another argument raised against the bail applications filed by the accused persons was that some of them were allegedly harassing the witnesses that could testify against them.

Read More: vanguardngr

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