A professor at the Obafemi Awolowo University, Ile-Ife, Osun State, was arraigned by the Economic and Financial Crimes Commission before a Federal High Court sitting in Ikoyi, Lagos State for allegedly obtaining money under false pretence and engaging in advance fee fraud.
EFCC arraigned Charles Jide-Oni, 60, who lectures at OAU and 12 other internet fraud suspects before Justice Nicholas Oweibo, the Federal High Court vacation judge for the Southwest zone, on Wednesday, September 4, 2019.
His arraignment comes after the EFCC discovered activities of an illegal financial outfit he floated through which he allegedly swindled his victims of several millions of naira.
Some of the victims had earlier written a petition to the Commission which led to the investigations that indicted him in the alleged fraudulent act.
Due to the bail application filed and argued by his lawyer on his behalf, Justice Oweibo granted Jide-Oni bail to the tune of N10 million and two sureties in like sum. The sureties, the court held, must be of Grade Level 10 in the civil service and must be resident in Osogbo, the Osun State capital.
The judge also ordered that the accused person be remanded in Ilesha prison pending the time he is able to fulfill his bail conditions as he adjourned substantive hearing to October 14.
