This was contained in a press release by the Head of Media and Publicity of the Economic and Financial Crimes Commission (EFCC), Dele Oyewale, dated 23 October, 2023.
Ajibola is standing trial on four-count charges bordering on stealing to the tune of ₦251, 685, 000 preferred against him by the EFCC, Ibadan Zonal Command.
One of the charges read: “That you Obakin Emmanuel Ajibola, adult, male sometime in December, 2022 at Ibadan within the jurisdiction of this Honourable Court, did fraudulently steal the sum of ₦120, 500, 000.00 belonging to Lee Fakino Nigeria Limited, an offence of stealing contrary to Section 390(9) Criminal Code Law.”
At the resumption of hearing of the case on Monday, parties to the matter were informed of an adjournment arrangement till November 4, 2023.
The parties included the victim of the crime who is also the first prosecution witness, Chief Akindele Fajemiyo, Managing Director/CEO of Lee Fakino Nigeria Limited.
Ajibola was arraigned on September 12, 2023 before Justice Akintola on four-count charge bordering on a alleged stealing of ₦251.6million belonging to a firm, Lee Fakino Nigeria Limited.
The defendant, who was one of the two directors of the firm and signatory to the firm’s account, allegedly withdrew the sum from the firm without the authorisation and consent of the Managing Director/CEO, Akindele Fajemiyo.
Investigations by the anti-graft agency revealed that the defendant allegedly removed the telephone numbers and email address of the MD/CEO of the firm from the banking details of Lee Fakino Nigeria Limited through which notification alerts of transactions were received, to enable him keep track of the account.
Ajibola allegedly withdrew the said sum from the account of the firm, which was money paid for works executed by Lee Fakino Nigeria Limited for the Lagos State Ministry of Agriculture between 22 December, 2022 and 9 March, 2023.
The said sum of ₦251.6 million was paid into the account of the Lee Fakino Nigeria Limited without any notification received by the Managing Director.
Upon arraignment on Monday, Ajibola pleaded “not guilty” to the charges preferred against him by the EFCC.
