Court adjourns hearing on suit against Ibadan CBN staff

The absence of defence counsel on Wednesday in a Federal High Court in Ibadan stalled the trial of three Central Bank of Nigeria (CBN) staff and others over alleged N8 billion fraud.

The Economic and Financial Crimes Commission (EFCC) had arraigned the defendants, Kolawole Babalola, Muniru Olaniran and others still at large, before the court for alleged multiple charges bordering on conspiracy, forgery, stealing of mutilated currencies at the Ibadan office of the CBN.

At the resumed hearing, defence Counsel, Mr Olayinka Bolanle, informed the court that he recently took ill and could not continue with the matter.

Bolanle consequently sought an adjournment to enable him properly recuperate. Justice Nathaniel Ayo adjourned the suit until Thursday.

All the accused persons pleaded not guilty to the charge levelled against them by the anti-graft commission.

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