The EFCC claimed that Ladoja and Akanbi dedicated the offence in 2007.
The cost, marked FHC/L/336c/08, was filed in opposition to them in 2008 and so they have been first arraigned earlier than Justice A. R. Mohammed eight years in the past.
Their re-arraignment earlier than Justice Mohammed Idris of a Federal Excessive Courtroom in Lagos on Wednesday adopted the dismissal of their enchantment in opposition to the fees which went all the best way to the Supreme Courtroom over a interval of seven years.
Seventy-two-yr-previous Ladoja appeared in courtroom in a inexperienced agbada made from ankara material, a brown cap and black footwear whereas Akanbi was wearing a black go well with.
The eight counts pressed towards them by the EFCC border on cash laundering and illegal conversion of funds belonging to the Oyo State Authorities to their very own.
In one of many counts, Ladoja and Akanbi have been accused of changing a sum of N1,932,940,032.forty eight, belonging to Oyo State Authorities to their private personal, utilizing a Warranty Belief Checking account of an organization, Heritage Residences Restricted.
The EFCC claimed that they retained the cash someday in 2007, regardless of their information that it was a proceed of a prison conduct.
In one other occasion, Ladoja was accused of eradicating the sum of £600,000 from the state coffers in 2007 and despatched it to Bimpe Ladoja, who was on the time in London.
The ex-governor was additionally accused of changing the sum of N42m, belonging to the state, to his personal and subsequently used it to buy an armoured Land Cruiser jeep.
He was additionally accused of changing a sum of N728,600,000 and one other N77,850,000 at separate occasions in 2007 to his personal.
The EFCC claimed that Ladoja transferred the N77, 850,000 to 1 Bistrum Investments, which he nominated to assist him buy a property named Quarter 361, Ibadan, Oyo State.
The EFCC instructed the courtroom that Ladoja and Akanbi acted opposite to sections 17(a) and18 (1) of the Cash Laundering (Prohibition) Act, 2004 and have been liable to be punished underneath sections 14(1), sixteen(a) (b) and 18(2) of the identical Act.
The defendants, nonetheless, pleaded not responsible upon the fees being learn to them.
The EFCC, lawyer, Mr. Oluwafemi Olabisi, consequently requested the courtroom to repair a date for the graduation of trial.
However the defence counsel, Mr. Bolaji Onilenla and Mr. Adeyinka Olumide-Fusika, knowledgeable the courtroom of their shoppers’ bail functions.
Onilenla, representing Ladoja, urged the court docket to permit his consumer to proceed on the bail situations granted him in 2008 by Justice Mohammed.
“The primary defendant has stored full religion with the phrases and circumstances of the bail and there was no single incident of default,” Onilenla stated, whereas assuring Justice Idris that his shopper would “behave himself” and make himself obtainable for his trial.
In his bench ruling, Justice Idris held that the court docket couldn’t deny the defendants bail on account of their exercising their constitutional proper of enchantment, which resulted within the delay of the case.
He adjourned until February 14, 15 and sixteen, 2017, for graduation and continuation of trial.
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