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N209m Money Laundering: Alleged Fraud Syndicate's Agent, 606 Auto Boss, Arraigned

Samusideen Babafemi Sarumi

BY FRANCIS IWUCHUKWU

IKOYI, LAGOS STATE, NIGERIA - For allegedly laundering a sum to the tune of N209 million, an agent of fraud syndicate,and owner of 606 Auto Limited, Samusideen Babafemi Sarumi, was on Thursday arraigned before Justice Chuka Obiozor of a Federal High Court sitting in Ikoyi, Lagos State, Nigeria. 

Samusideen Babafemi Sarumi was arraigned before Justice Chuka Obiozor by the Economic and Financial Crimes Commission (EFCC). 

The charge against the defendant reads:

"That you Samusideen Babafemi Saruml and Saeed Hammoud Hussain (now at large) sometimes between 2016 to 2018 In Lagos within the jurisdiction of this Honourable Court committed a felony to wit: money laundering and thereby committed an offence contrary to section 18(a) of the Money Laundering (Prohibition) Act 2011 (as amended) and punishable under Section 15(3) of the some Act. 

"That you, Samusideen Babafemi Sarumi and Saeed Hammoud Hussain (now at large) sometimes between 2016 to 2018 in Lagos within the jurisdiction of this Honourable Court took possession of property to wit: Eight (8) vehicles valued at N135,000,000.00 (One Hundred and Thirty Five Million Naira Only) which you reasonably ought to have known that the said vehicles forms port of the proceeds of an organised criminal group and thereby committed an offence contrary to section 15(2) (d) and (6) of the Money Laundering (Prohibition) Act 2011 (as amended) and punishable under Section 15(3) of the same Act. 

"That you, Samusideen Babafemi Sarumi and Saeed Hammoud Hussein (now at large) sometimes between 2016 to 2018 in Lagos within the jurisdiction of this Honourable Court took possession of a boot valued at N104,000,000.00 (One Hundred and Four Million Naira Only) which you reasonably ought to have known that the said boat forms part of the proceeds of an organised criminal group and thereby committed an offence contrary to section 15(2)(d) and (6) of the Money Laundering (Prohibition) Act 2011 (as amended) and punishable under Section 15(3) of the Act". 

The offences according to the EFCC contravene sections 18(a) and15(2)(d)(6) and punishable under sections 15(3) the Money Laundering (Prohibition) Act 2011 (as amended).

But Samusideen Babafemi Sarumi pleaded not guilty to the charge.

This position prompted Justice Chuka Obiozor to grant Samusideen Babafemi Sarumi bail in the sum of N100 million with one surety in like sum after entertaining his bail application. 

The Justice Chuka Obiozor-led court also directed that the surety must be a landed property owner within Lagos, with evidence of three years tax payment and that the defendant should deposit his international passport with the Court' Deputy Chief Registrar (DCR) who will also conduct verification of the bail terms.

Justice Chuka Obiozor also ordered that Samusideen Babafemi Sarumi be remanded in the custody of Nigerian Correctional Services (NCS) formerly Nigerian Prison Services, pending when he is able to meet with the bail condition granted him by the court. 

Justice Chuka Obiozor, then adjourned the matter until January 27 and February 4, 6, 10 and 11, 2020, for trial. 

It would be recalled that the defendant was formerly arraigned in the charge marked FHC/L/374c/19, before Justice Chukwujekwu Aneke led-court on November 4, for laundering the sum of N207 million for some fraud syndicate whose names were on the list released by the United State of America's Federal Bureau of Investigation (FBI).

Among those the defendant is said to have laundered the money for are: Omojadesola Shittu Allison, Abiola Kayode Ayorinde also known as ABK, Bartholomew Oluchukwu Ezeudoko and Amobi Uchenna E.

He was also alleged to have committed the offence between 2016 and 2018.

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