The Managing Director of First Nation Airlines, Mr. Kayode Odukoya, was today (Friday), arraigned by the Economic and Financial Crimes over alleged theft and forgery.
First Nation Airlines and Bellview Airlines are joined in the suit as second and third defendants.
Odukoya and Bellview Airlines were arraigned before Justice Mojisola Dada, of a Special Offences Court, sitting in Ikeja, Lagos, by the Economic and Financial Crimes Commission, EFCC.
Kayode Odukoya, who failed to appear in court on three occasions, was finally produced in court, after he was detained by the EFCC after showing up at the EFCC office on Tuesday, March 13, 2018.
He was arraigned on four count charge of theft of up to N1.7 billion and forgery of Certificate of Occupancy, issued by the Lagos State Government.
The EFCC alleged that the CEO of the airlines, forged the Memorandum of Loss of Lagos State Certificate of Occupancy registered as No. 33 at page 33 volume 1011 at the Lagos State Land Registry, Alausa, Lagos, in order that the document be acted upon as genuine and that the forged document was in respect of a property located at No. 29, Oduduwa St., Ikeja GRA, Lagos.
Odukoya is alleged by the EFCC, to have used the false document and also gave false information on oath concerning the loss of the certificate of occupancy at the Lagos State Land Registry.
The anti-graft commission, also said that on October 7, 2016, Odukoya stole and dishonestly converted to his own use N1. 7 billion belonging to Skye Bank contrary to Sections 85, 86(1) 278(1)(b), 285, 361(1),(a) (b), 363 and 364(1) of the Criminal Law of Lagos State 2011.
Justice Mojisola Dada, thereafter ordered the remand of the defendant be kept in custody of the EFCC till 26th March, 2018, to rule on his bail application, following arguments and counter arguments by counsel to the Odukoya and that of EFCC.