In Lagos news, an Ikeja Special Offences Court recently granted ex-P-Square manager Jude Okoye a ₦50 million bail amidst charges of money laundering involving hefty sums of $1 million, ₦1.38 billion, and €34,537.59 by the Economic and Financial Crimes Commission (EFCC). Despite initial bail conditions set by Justice Alexander Owoeye, which included two ₦100 million sureties and a travel ban, Okoye was re-arrested shortly after being released.
In a recent turn of events, Justice Rahman Oshodi considered arguments from Jude Okoye’s lead counsel, Clement Onwuenwunor, SAN, and decided to exercise judicial discretion to grant bail, as per Section 115 (2) of the ACJL, for cases not punishable by death. This leniency underscores the judiciary’s commitment to fair trial practices in Nigeria. Original Article
Key Takeaways:
- Jude Okoye granted ₦50 million bail despite serious money laundering charges.
- Justice Oshodi favoured bail, highlighting judicial discretion for non-death penalty cases.
- Lagos court remains focal in high-profile legal proceedings.
How should Nigeria’s justice system balance swift legal proceedings with ensuring fair trials? Share your thoughts in the comments below!
