N2.5bn Fraud: Ogun Speaker meets bail conditions, resumes office

  • News
  • September 12, 2022
  • 0 Comments

N2.5bn Fraud: Ogun Speaker meets bail conditions, resumes office

Tamarauemi Ebimini

After nine days of travail, the Speaker of the Ogun State House of Assembly, Olakunle Oluomo, on Friday returned to his office after perfecting his bail conditions.

On Tuesday, the Speaker of the Assembly, was granted bail by a High Court in Lagos, after he was arrested by the operatives of the Economic and Financial Crimes Commission (EFCC) at the Murtala Muhammed International Airport, Lagos

Mr Oluomo who is standing trial over the alleged mismanagement of public funds of over N2.4 billion was granted a N300 million bail.
The judge, Daniel Osiagor, said the speaker must produce two sureties, one of whom must not be less than a level 16 civil servant in the Federal Civil Service.

The judge also granted N100 million bail each to Mr Oluomo’s co-defendants, Samuel Oladayo, and Taiwo Adeyemo, with two sureties, one of whom must not be less than level 14 in the civil service.

The judge further added that all the defendants be kept in the custody of the EFCC for one week for them all to perfect the conditions of their bail, else be transferred to a correctional facility in Abeokuta, capital of Ogun state.

On Thursday morning, Journalists gathered that the deputy speaker, Akeem Balogun, summoned an emergency meeting which made legislators converge at the Assembly only for the meeting to be cancelled hours after 1:00 p.m. when the meeting was scheduled to commence.

A lawmaker, who preferred not to be mentioned, told journalists that the meeting did not hold, causing anger among some of them.

On Friday, when the speaker appeared at the Assembly complex in Oke mosan, Abeokuta, he was welcomed by the Assembly staffers.

  • Related Posts

    • News
    • April 9, 2026
    Court Weighs Circumstances as Terrorism Trials Highlight Justice Concerns.

    A Federal High Court in Abuja has delivered rulings in two terrorism-related cases that are drawing attention to how Nigeria’s justice system handles individuals caught in conflict situations, particularly those…

    • News
    • April 9, 2026
    Power Crisis Pushes FG to Act as Gas Shortages Hit Electricity Supply.

    Nigeria’s struggle with unstable electricity supply has taken centre stage as the Federal Government moves to confront a key challenge irregular gas supply to power plants through the inauguration of…

    Leave a Reply

    You Missed

    Aiyedatiwa, Ooni of Ife, Olanipekun, Oyetibo shine at Okitipupa Bar Law Week Grand finale

    Osun Poll Fears Deepen as Lawmakers Question Electoral Changes.

    Osun Poll Fears Deepen as Lawmakers Question Electoral Changes.

    Court Weighs Circumstances as Terrorism Trials Highlight Justice Concerns.

    Court Weighs Circumstances as Terrorism Trials Highlight Justice Concerns.

    Power Crisis Pushes FG to Act as Gas Shortages Hit Electricity Supply.

    Power Crisis Pushes FG to Act as Gas Shortages Hit Electricity Supply.

    Closed-Door Talks Signal Intensifying Coalition Moves Ahead of 2027.

    Closed-Door Talks Signal Intensifying Coalition Moves Ahead of 2027.

    Early Endorsement Raises Questions on Succession Politics in Oyo.

    Early Endorsement Raises Questions on Succession Politics in Oyo.