JUST IN: EFCC Withdraws Money Laundering Suit Against Lagos Speaker, Obasa

EFCC Withdraws Money Laundering Suit Against Lagos Speaker, Obasa

The Economic and Financial Crimes Commission (EFCC) has withdrawn an alleged money laundering suit filed against the Speaker of Lagos State House of Assembly, Honourable Mudashiru Ajayi Obasa.

The court had on September 15, 2020, in the interim freeze the accounts belonging to Obasa, following an Exparte motion marked FHC/LCS/1064/2020, filed by the EFCC….CONTINUE READING

Obasa’s accounts freeze by the court were: (US Dollars) 0001852063; (Current) 0001852056 and (Saving) 5002309624.

Justice Oweibo, on August 16, 2023, had heard the application to unfreeze the accounts in the Chamber.

During the hearing of the matter, the EFCC was represented by Mr. Sulaiman I. Sulaiman, while Honourable Obasa was represented by A. Olumide-Fusika, a Senior Advocate of Nigeria (SAN).

PAY ATTENTION:  JUST IN: Man Shocked After He Discover His Wife Is HIV Positive And She Has Been Hidden It For 3 Years Of Marriage – Fear Woman

The EFCC lawyer had told the court that the application to unfreeze the accounts was pursuant to Section 44(2)(K) of the Constitution of The Federal Republic of NIGERIA, 1999 (as amended) and Sections 26, 29 and 34 (1) of the EFCC (Establishment) Act, 2004, and under the court’s inherent jurisdiction.

Justice Oweibo after taken arguments from counsel, held that: “upon reading through the affidavit in support of Motion on Notice and with the Exhibits attached therein, deposed to by Hon. Mudashiru Ajayi Obasa, Male, Nigerian, Adult, Legislator of Lagos State House of Assembly Complex, Alausa, tkeja, Lagos and a Written Address dated 1st day of August, 2023 and filed at this Court Registry on the on 2nd day of August, 2023.

PAY ATTENTION:  BREAKING: Open Letter To Ndigbo: “Let Us Question Ourselves”

“And after hearing the submissions of A.Olumide-Fusika, SAN, with him Martin Chioma, Esq, Learned Counsel for the respondent/applicant, who moved in terms of the Motion paper. And S. I. Suleiman, Esq, Learned Counsel for the Applicant/Respondent not opposing the application.

“And the court after careful consideration of the application and submissions of Counsel

“It is hereby ordered that an order is hereby granted to the respondent/applicant setting aside the Ex-parte Orders of this Court made on the 15th day of September, 2020 upon the Ex-parte Motion of the Applicant/ Respondent in relation the funds of the Respondent/Applicant domiciled in the accounts stated in the following schedule:

PAY ATTENTION:  “You would go to pr!son for ste@l!ng a bike” – Moment woman frustrated a r0bber who attempted to ste@l her bicycle (VIDEO)


1. Mudasiru Ajayi Obasa, Standard Chartered, (US Dollars) 0001852063

2. Mudasiru Ajayi Obasa, Standard Chartered (Current) 0001852056

3. Mudasiru Ajayi Obasa, Standard Chartered (Saving) 5002309624.

“Issued At Lagos, Under the seal of this Honourable Court and by the hands of the Presiding Judge this 16th day of August, 2023….CONTINUE READING