N24bn Fraud: Appeal Court insists ex-AGF’s trial after refunding N6.4bn to FG

February 2, 2023
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The Court of Appeal, Abuja, has set aside the judgment of a lower court restraining the Economic and Financial Crimes Commission (EFCC)  from initiating either civil or criminal proceedings against former Accountant  General of the Federation (AGF), Jonah Oguniyi Otunla.

According to Uwujaren, the three-member panel of the Court of Appeal, in a judgment, marked: CA/A/657/2021, held that Otunla failed to prove that there was actually a non-prosecution agreement between him and the EFCC.

The court upheld the arguments of EFCC’s lawyer, Sylvanus Tahir, SAN, and resolved the four issues, identified for determination, in favour of the Commission.  Justice Danlami Senchi, who read the judgment, noted that Otunla did not provide any written commitment, except his words and that of his lawyer, that such an agreement existed.

Justice Senchi held that Otunla could not halt his prosecution by merely claiming that there was an agreement, which existence he failed to establish with any credible evidence.  “In the instant case, there is no evidence to support the pleading of the respondent (Otunla) that he will not be prosecuted; that criminal or civil proceedings should not be instituted or initiated against him. There is no plea bargain or any documentary evidence relating to the President Panel for the Recovery of Funds.  On the whole, the appeal is meritorious and it is allowed. The judgment of the Federal High Court, in suit number: FHC/ABJ/CS/2321/2021 delivered on the 16th day of July 2021 delivered by honourable Justice I. E. Ekwo is hereby set aside,” he said.

Other members of the panel – Justices Stephen Adah and Elfreda Williams-Daudu – agreed with the lead judgment.

The EFCC investigated Otunla in relation to two cases: The alleged diversion of about N24 billion meant for disengaged staff of the defunct Power Holding Company of Nigeria (PHCN) and the N2 billion allegedly received from the office of the National Security Adviser , ONSA.

Justice Inyang Ekwo of the Federal High Court in Abuja had, in the July 16, 2021 judgment, upheld Otunla’s claim of an existing verbal agreement between him and the then acting Chairman of the EFCC, Ibrahim Magu,  that he would not be prosecuted if he make refund to the Federal Government.

Justice Ekwo, in the 2021 judgment on the suit, marked: FHC/ABJ/CS/2321/2021 filed by Otunla, held among others, that, in view of the assurance given to him by Magu, which informed his refund of the money, he could no longer be prosecuted for his actions while in office between 2011 and 2015.  Otunla had, in an affidavit, claimed that Magu promised him that he would not be prosecuted should he return funds traced to him and companies linked to him and his associates.

He stated that sometime in 2015, he was invited by a team of EFCC’s investigators, probing alleged diversion of funds from the office of the National Security Adviser, ONSA, and the Power Holding Company of Nigeria (PHCN), pension funds. Otunla said he later met with Magu, in the course of the investigation, when the then acting EFCC Chair told him in person to “refund the monies linked to your companies and nobody will prosecute you.” He said, based on Magu’s promise, he had a reconciliatory meeting with the team of investigators, where he immediately undertook to make available some funds as refunds.

Uwujaren highlighted: “in line with the agreement, Otunla said one of the companies linked to him – Stellar Vera Development Ltd – refunded N750 million, another company – Damaris Mode Coolture Ltd – refunded N550 million, while the two firms later made additional joint refund of N2,150,000,000.00He added that, at a point, he raised several manager’s cheques for N10 million in favour of the EFCC, which he handed to the Economic Governance section. Otunla said, in all, he made a refund of N6,392,000,000.00 (Six Billion, Three Hundred and Ninety-Two Million Naira only) to the Federation Account through the EFCC.”

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