The Economic and Financial Crimes Commission, EFCC, on Wednesday, arraigned one Ishaq Abubakar before Justice P. O. Lifu of the Federal High Court sitting in Ikoyi, Lagos on an 11-count charge bordering on cybercrimes.
The suspect was arrested by officers of the Nigeria Customs Service, NCS, on August 22, 2020 at the Murtala Muhammed International Airport, Lagos on his way to Dubai with 2,863 Automated Teller Machine, (ATM) cards and four Subscriber Identification Module (SIM) cards carefully concealed in parks of Noodles.
He was subsequently handed over to the EFCC on Thursday, September 10, 2020 by the Deputy Comptroller, Enforcement, NCS, Abudulmumuni Bako, for further investigation and prosecution.
The suspect, however, pleaded “not guilty” to the charges when they were read to him.
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In view of his plea, the prosecution counsel, S. Sulaiman, asked that the defendants be remanded in a correctional centre.
The defence counsel, George Ochima, informed the court of a pending application for bail for the defendant.
In his ruling, Justice Lifu granted the defendant bail in the sum of N50 million with two sureties in like sum, who must swear to an affidavit of means.
According to the court, one of the sureties is to provide land ownership proof in Lagos while the other must be a civil servant not below Grade Level 14.
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The defendant was also ordered to submit his travel documents to the court.
The Judge ordered the defendant to be remanded in the correctional centre in Ikoyi, pending the fulfillment of his bail conditions.
The case was subsequently adjourned till February 18, 2022, for the commencement of trial.
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