I found this story here : https://newspeakonline.com/futa-aaua-undergraduates-efcc-net-internet-fraud-get-n25m-bail/
FUTA, AAUA undergraduates in EFCC net for internet fraud get N25m bailByPosted on January 16, 2017
The Economic and Financial Crimes Commission (EFCC) last Thursday arraigned five suspended students of the Federal University of Technology, Akure (FUTA) and Adekunle Ajasin University, Akungba (AAUA), at the Federal High Court, Akure, Ondo State.
The undergraduates were arraigned on a 53-count charge bordering on conspiracy, obtaining money by false pretence, possession of fraudulent documents and forgery.
At the resumed hearing on Monday, they were granted N5 million bail each with one surety in like sum.
According to the ruling by Justice Abdu-Dogo, each surety must be a civil servant in the level of an Assistant Director either at a state or federal ministry. Each of the sureties shall deposit the original copy of their first appointment and last promotion letter, two recent passports, National Identity Card or international passport. Each surety must be a Nigerian. The court registrar shall verify the address of the sureties.
The suspects are Fasakin Adeleke Paul (21), Ogundile Ademola James Olasunkanmi (23), Abudu Adeniyi Tayo (a.k.a) Kolawole Tajudeen) (20), Ifeobu Ugochukwu (21) and Olusola Franklin Akusanmi (21).
The first three are students of Federal University of Technology Akure while the last two are of the Adekunle Ajasin, University, Akungba (AAUA).
They pleaded not guilty when the charges were read to them.
In view of their plea, the prosecution counsel, Oluwatoyin Owodunni, asked the court for a trial date and prayed that the accused be remanded in prison custody. However, counsel to the first accused, A. C. Ajakaye informed the court that he had a pending application dated January 11, 2017 which has not been served on the prosecution and prayed the court to allow him move the motion for bail.
Counsels to the second to fifth defendents respectively – Rotimi Olorunfemi, Kayode Akinwunmi, Toyese Owoade and Adetunji Oso, all aligned themselves with Ajakaye and prayed the court to allow them move the bail application of the second, third, fourth and the fifth accused persons.
READ: EFCC arrests FUTA, AAUA undergraduates for N16m internet scam
One of the charges proffered against the accused persons reads: “that you Fasakin Adeleke Paul, Ogundile Ademola James Olasunkanmi, Abudu Adeniyi Tayo (a.k.a. Kolawole Tajudeen), Ifeobu Ugochukwu and Olusola Franklin Akusanmi on or about the 26th of May 2016 at Akure within the Akure Judicial Division of this honourable court did conspire to obtain money by falsely pretending that you are one Adeleke Peter through Western Union and MoneyGram at First Bank PLC, (FUTA) Akure Branch and thereby committed an offence contrary to sections 8(a) of the Advance Fee Fraud and Other Fraud Related Offences Act No. 14 of 2006 and punishable under section 1(3) of the same Act”.
Another count reads: “that you Fasakin Adeleke Paul, Ogundile Ademola James Olasunkanmi on or about the 6th of July 2016 at Akure within the Akure Judicial Division with intent to defraud, obtained the sum of 1700 UDS (One Thousand and Seven Hundred United State of America Dollars) from [a victim] by falsely pretending that you are one Adeleke Peter through Western Union and Money Gram at First Bank PLC, (FUTA) Akure Branch and thereby committed an offence contrary to section 1 (2) of the Advanced Fee Fraud and Other Fraud Related Offences Act 2006 punishable under Section 1 (3) of the same Act”
The case is adjourned to February 16, 2017 for trial.
