The Economic and Financial Crime Commission has said it will
immediately appeal the ruling of a Federal Capital Territory High Court which
today granted bail to one Abiodun Agbele,
a suspect who is being investigated by the Commission for a range of alleged
criminal infractions bordering on fraud and money laundering.
Justice Olukayode Adeniyi,
in a ruling which the Commission described as “shocking” today offered bail to
Agbele and ordered the EFCC to pay the suspect N5million as compensation for unlawful
detention. The judge claimed that the failure of the EFCC to charge Mr. Agbele
to court, since his arrest, amounted to an abuse of his fundamental rights.
But the Commission described Justice Adeniyi’s conclusion as
“curious” against the background of the information presented to the court,
which included the fact that the suspect is being held with valid remand warrants
issued by competent courts.
The EFCC, however, said it is filing a motion for a stay of
execution of the ruling.
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