The Economic and Financial Crime Commission, EFCC, on Friday 15 February, 2013 arraigned one Michael Samuel before Justice J. Tsoho of a Federal High Court sitting in Lagos, on a two (2) counts of bordering on false declaration of assets worth over N30 million. ( Thirty Million Naira only)
Part of the charge reads, “that you, Michael Samuel on or about the 12th day of January 2013 in Lagos Judicial Division of the Federal High Court knowingly made a false declaration when you failed, refused and neglected to declare your interest in the Range Rover Sport Jeep with registration NO: KJA 728 AW in the Declaration of Assets form of the Economic and Financial Crimes Commission, EFCC, and thereby committed an offence punishable under section 27 (3) (b) of the Economic and Financial Crimes Commission ( Establishment) Act 2004.”
When the charge was read to him, the defendant pleaded not guilty.
EFCC counsel, N. Diane, prayed to the court for a trail date and that the defendant be remanded in prison custody. However, counsel to the defendant, A. O Dina informed the court that he had filed an application for bail and prayed the court to grant his client bail on medical grounds.
Justice Tsoho granted the defendant bail in the sum of N10 million naira (Ten Million Naira) and one surety in like sum. The surety must hold a landed property in Lagos State. He must surrender the title document of the property to the court pending the determination of the case.
The judge adjourned the case till April 22, 2013.
Ag. Head, Media & Publicity
15th February, 2013