Balogun EFCC charges against him December 28, 2006 | posted by Nigerian Muse (Archives)

---

 

FOR THE RECORD: THE EFCC CHARGES AGAINST TAFA BALOGUN

---

Summary

*N12 million to buy 1,500,000 shares in First Bank  (SEIZED)

*N50,050,000 to acquire another 1,500,000 shares in Union Bank (SEIZED)

*N148 million to buy 1,500,000 shares in Guinness Nigeria (SEIZED)

*N500 million to buy treasury bills for Caledonian Telecommunications (SEIZED)

* N350 million for a block of six three-bedroom flats at Olusegun Aina Street, Park View Estate, Ikoyi, Lagos in the name of Ceejay Properties Nigeria (SEIZED)

*Millions of naira to purchase properties (ALL SEIZED)

    - Lagos: (i) a five-bedroom detached house at Victoria Garden City; and

    - Abuja: (i)  two double duplex apartments at Plot II Tunis Street, Wuse Zone 6 Garki Abuja; (ii) Shakur Plaza at Plot 102a Cadastrel Zone A3 Garki,  (iii) Yasuha Plaza at 1046 Adeola Adetokunbo Street Wuse II,  (iv) two double duplex apartments at Plot 110 Tuius Street Wuse Zone 6, Garki, Abuja

 

all valued at N13 billion.

 

Many of the properties are in the names of some of the companies listed on the charge sheet, viz:

 

(i) Yeboa Investment, (ii) Caledonian Telecommunications, (iii) Renovations Constructions, (iv) Aworo Investment, (v) Olatrade,  (vi) Yeboa Nigeria and  (vii) Ceejay Properties Nigeria.

 

---

Independent
Tuesday April 5th, 2005


Balogun docked, remanded in custody

• Faces 70-count charge • FG confiscates his estates


By Chris Agbambu

Deputy Bureau Chief

and Rotimi Fadeyi

Snr Correspondent (Abuja)

Tafa Balogun appeared in court in handcuffs on Monday without the slightest sign of anxiety, even as the shackles symbolised a change in fortunes from his exalted position of Inspector General of Police (IG) with a 70-count charge.

He was arraigned at the Federal High Court, Abuja on allegations that include corrupt enrichment and money laundering valued at N13 billion.

Balogun was in the dock for over two hours as the charges were read to him. He pleaded not guilty to all.

He is to remain in the custody of the Economic and Financial Crimes Commission (EFCC) till April 18, however, the court ordered that he be allowed access to his family and lawyers.

Seven companies were charged with him: Yeboa Investment, Caledonian Telecommunications, Renovations Constructions, Aworo Investment, Olatrade, Yeboa Nigeria and Ceejay Properties Nigeria.

The prosecution alleged that Balogun used the companies to siphon police money when he was the IG.

He was brought to court about 8.45 a.m in a light green Peugeot Expert car accompanied by officials of the EFCC, security agents and mobile policemen. He alighted with handcuffs but was unruffled.

Balogun looked healthy – with his robust stature intact – and wore a light blue agbada with a blue cap to match.

Before his appearance before Justice Binta Murtala Nyako, he was surrounded by photojournalists and cameramen who jostled to have a good shot of the once powerful man.

Undisturbed, Balogun stepped into the courtroom and sat on a chair close to the dock.

His team of lawyers led, by Adegboyega Awomolo, was not far from him. The EFCC prosecution team was led by Musliu Hassan.

Hassan observed that there were no legal representations for the seven companies, but recalled that court processes were served on them through Balogun. He demanded to know whether the accused was representing the companies.

But he insisted that he has no relationship with the companies.

At this point, Awomolo told Nyako that his client was only served with a copy of the charges, and that he was appearing for Balogun and not for the companies.

The counsel argued that the prosecution failed to produce the proof of evidence as required by the Criminal Procedure Act to enable him prepare his defence.

However, Hassan explained to the court that he would provide the evidence for Awomolo before the next hearing.

When the first count was read, Balogun objected to being referred to as Adebayo Mustapha, which was contained in the charge as alias. He insisted that his name is Tafa Adebayo Balogun.

Among the allegations is that he used N12 million to buy 1,500,000 shares in First Bank, N50,050,000 to acquire another 1,500,000 shares in Union Bank and N148 million to buy 1,500,000 shares in Guinness Nigeria.

He is accused of using N500 million, representing the proceed of an illegal act to wit: theft, property of the police to buy treasury bills for Caledonian Telecommunications with the assistance of Gbenga Ajala, Relationship Manager, Fountain Trust Bank, Abuja branch.

The prosecution said he bought a block of flats at N350 million at Olusegun Aina Street, Park View Estate, Ikoyi, Lagos in the name of Ceejay Properties Nigeria.

It also alleged that he used millions of naira to purchase properties at Victoria Garden City in Lagos and Abuja in the names of some of the companies listed on the charge sheet.

When the 44th count was about to be read Awomolo asked the judge for a five minutes’ break.

He explained that Balogun had been standing for long and that his legs were aching. The man sweated. Before Awomolo could finish with the request, the former super cop said he would cope standing on his feet.

But Nyako ordered for a chair for him. He sat through from the reading of count 45.

After the 70th charge was read, Awomolo applied for bail for Balogun on self-recognisance.

Hassan countered with a prayer for an order that he be kept in custody as there are still some investigations to be conducted.

The judge ruled that she would not to take the bail application orally and that it should be put on notice and filed.

Before she adjourned hearing to April 18, Awomolo complained about the treatment of Balogun by officials of the EFCC.

He stressed that it was wrong for them to bring him to court in handcuffs and to deny him access to family members and lawyers.

Nyako ordered that Balogun be remanded in EFCC custody, pending when bail application is considered, and that he should be given access to his relatives and lawyers.

Even before the determination of the suit, the government has ordered that his estates and shares in companies be confiscated.

EFCC sources disclosed in Abuja on Monday that the properties seized include, a block of six three-bedroom flats at Olusegun Aina Street, Park View Estate Ikoyi, Lagos; a five-bedroom detached house at Victoria Garden City; another five-bedroom detached house at Park View Estate Ikoyi; two double duplex apartments at Plot II Tunis Street, Wuse Zone 6 Garki Abuja.

Others are Shakur Plaza at Plot 102a Cadastrel Zone A3 Garki, Yasuha Plaza at 1046 Adeola Adetokunbo Street Wuse II, two double duplex apartments at Plot 110 Tuius Street Wuse Zone 6, Garki, Abuja as well as 1.5 million shares in Nigeria Breweries worth N87.7 million.

Another 1.5 million share (First Bank), 1.5 million shares (Union Bank), 1.5 million shares (Guinness) and N500 million treasury bills for Caledonian Telecommunications.

The EFCC source confirmed that Balogun’s former Chief Security Officer (CSO), Eddy Adiele, a Deputy Superintendent of Police, has been declared wanted – and that Saka Afolabi, “who fronted for Balogun at the Fountain Trust Bank”, was arrested on Sunday in Mpapa, Abuja.

He added that Dan Asabe, whom the former IG “used as a front in purchasing the properties”, is now in EFCC custody.

The EFCC source stressed that the former accounting officer in Fountain Trust Bank, Gbenga Ajala, may be repatriated from London as the commission is making contacts with the Interpol.

Prosecution witnesses include Tolu Jinadu (who exposed all Balogun’s deals), Segun Aina, Fountain Trust Bank Managing Director, Saka Afolabi and Dan Asabe.

---

 

This Day

The EFCC Charges Against Balogun

04.05/06.2005

FOR THE RECORDS

COUNT 1
That you Tafa Adebayo Balogun being the former Inspector-General of Police on or about 20th July 2004 at Abuja in the Abuja Judicial Division of the Federal High Court did transfer the sum of N87, 720,000.00 (eighty-seven million, seven hundred and twenty thousand Naira) which sum you knew represent the proceed of an illegal act to wit: theft, property of the Nigeria Police Force which aim is to conceal the nature of the proceeds of the said illegal act by buying 1,500,000 shares in Nigerian Breweries Plc and thereby committed an offence contrary to section 14(l)(a) and punishable under section 14(1) of Money Laundering Act 2004.
 

COUNT 2
That you Tafa Adebayo Balogun being the former Inspector-General of Police on or about 20th July 2004 at Abuja in the Abuja Judicial Division of the Federal High Court did transfer the sum of N42, 000,000.00 (forty-two million Naira) which sum you knew represent the proceed of an illegal act to wit: theft, property of the Nigeria Police Force which aim is to conceal the nature of the proceeds of the said illegal act by buying 1,500,000 shares in First Bank of Nigeria Plc and thereby committed an offence contrary to section 14(l)(a) and punishable under section 14(1) of Money Laundering Act 2004.
 

COUNT 3
That you Tafa Adebayo Balogun being the former Inspector General of Police on or about 20th July 2004 at Abuja in the Abuja Judicial Division of the Federal High Court did transfer the sum of N50, 050,000.00 (fifty million and fifty thousand Naira) which sum you knew represent the proceed of an illegal act to wit: theft, property of the Nigeria Police Force which aim is to conceal the nature of the proceeds of the said illegal act by buying 1,500,000 shares in Union Bank Plc and thereby committed an offence contrary to section 14(1) (a) and punishable under section 14(1) of Money Laundering Act 2004.
 

COUNT 4
That you Tafa Adcbayo Balogun being the former Inspector-General of Police on or about 20th July 2004 at Abuja in the Abuja Judicial Division of the Federal High Court did transfer the sum of N148, 000,000.00 (one hundred and forty-eight million Naira) which sum you knew represent the proceed of an illegal act to wit: theft, property of the Nigeria Police Force which aim is to conceal the nature of the proceeds of the said illegal act by buying 1,500,000 shares in Guinness Nigeria Plc and thereby committed an offence contrary to section 14(1)(a) and punishable under section 14(1) of Money Laundering Act 2004.
 

COUNT 5
That you Tafa Adebayo Balogun being the former Inspector-General of Police, Caledonian Telecommunications Ltd and Gbenga Ajala, Relationship Manager, Abuja Branch of Fountain Trust Bank Plc (now at large) on or about May 2003 at Abuja in the Abuja Judicial Division of the Federal High Court did use the sum of N500 million (five hundred million Naira) which sum you knew represent the proceed of an illegal act to wit: theft, property of the Nigeria Police Force which aim is to conceal the nature of the proceeds of the said illegal act to buy Treasury bills for Caledonian Telecommunication Ltd and thereby committed an offence contrary to section 14 (l)(a) and punishable under section 14(1) of Money Laundering Act 2003.
 

COUNT 6
That you Tafa Adebayo Balogun being the former Inspector-General of Police, Ceejay Nigeria Ltd and Gbenga Ajala, Relationship Manager, Abuja Branch of Fountain Trust Bank Plc (now a( large) sometime in May 2004 at Abuja in the Abuja Judicial Division of the Federal High Court did use the sum of N350 million (three hundred and fifty million Naira) which sum you knew represent the proceed of an illegal act to wit: (theft, property of the Nigeria Police Force which aim is to conceal the nature of the proceeds of the said illegal act to buy a block of 6 numbers of 3 bed room fat at Olusegun Aina Street, Park View Estate, Ikoyi, Lagos in the name of Ceejay Properties Nigeria Ltd and thereby committed an offence contrary to section 14(1)(a) and punishable under section 14(1) of Money Laundering Act 2004.
 

COUNT 7
That you Tafa Adebayo Balogun  being the former Inspector-General of Police and Gbenga Ajala, Relationship Manager, Abuja Branch of Fountain Trust Bank Plc (now at large) between January 2004 and December 2004 at Abuja in the Abuja Judicial Division of the Federal High Court did use the sum of N35,000,000.00 (thirty-five million) which sum you knew represent the proceed of an illegal act to wit: theft, property of the Nigeria Police Force which aim is to conceal the nature of the proceeds of the said illegal act to buy 5 bed room detached house at Victoria Garden City situate at Road 3, Plot J in the name of Gbenga Ajala and thereby committed an offence contrary to section 14(l)(a) and punishable under section 14(1) of Money Laundering Act 2004.
 

COUNT 8
That you Tafa Adebayo Balogun being the former Inspector-General of Police, Yeboa Investment Ltd,  Caledonian Investment, Renovations Constructions Ltd, Aworo Investment Nigeria Ltd, Olatrade Nigeria Ltd, Yaboa Nigeria Ltd and Gbenga Ajaia, Relationship Manager, Abuja Branch of Fountain Trust Bank Plc (now at large) between January 2004 and December 2004 at Abuja in the Abuja Judicial Division of the Federal High Court did use the sum of N130 million (one hundred and thirty million Naira) which sum you knew represent the proceed of an illegal act to wit: theft, property of the Nigeria Police Force which aim is to conceal the nature of the proceeds of the said illegal act to buy 5 bed room detached house at Park View Estate with 2 bed room boys quarters Ikoyi, Lagos and thereby committed an offence contrary to section 14(l)(a) and punishable under section 14(1) of Money Laundering Act 2004.
 

COUNT 9
That you Tafa Adebayo Balogun (a.k.a. Adebayo Mustapha) being the former Inspector-General or Police, Yeboa Investment Ltd, Caledonian Investment, Renovations Constructions Ltd, Aworo Investment Nigeria Ltd, Olalrade Nigeria ltd, Yaboa Nigeria Ltd and Gbenga Ajala, Relationship Manager, Abuja Branch of Fountain Trust Bank Plc (now at large) between January 2004 and December 2004 at Abuja in the Abuja Judicial Division of the Federal High Court did use the sum of N485 million ((four hundred and eighty-five million Naira) which sum you knew represent the proceed of an illegal act to wit: theft, property of the Nigeria Police Force which aim is to conceal the nature of the proceeds of the said illegal act to buy Shakir Plaza located at Plot 1020 Cadastral Zone A3 Garki II, Abuja and thereby committed an offence contrary to section 14(l)(a) and punishable under section 14(1) of Money Laundering Act 2004.
 

COUNT 10
That you Tafa Adebayo Balogun being the former Inspector-General of Police, Yeboa Investment Ltd, Caledonian Investment, Renovations Constructions Ltd, Aworo Investment Nigeria Ltd, Olatrade Nigeria ltd, Yaboa Nigeria Ltd and Gbenga Ajala, Relationship Manager, Abuja Branch of Fountain Trust Bank Plc (now at large) sometime in 2002 at Abuja in the Abuja Judicial Division of the Federal High Court did use the sum of N285 million (two hundred and eighty-five million Naira) which sum you knew represent the proceed of an illegal act to wit: theft, property of the Nigeria Police Force which aim is to conceal the nature of the proceeds of the said illegal act to buy Yasuha Plaza located at Plot 1046 Ademola Adetokunbo Street, Wuse II, Abuja in the name of Olatrade Nigeria Ltd and thereby committed an offence contrary to section 14(l)(a) and punishable under section 14(1) of Money Laundering Act 2004.
 

COUNT 11
That you Tafa Adebayo Balogun being the former Inspector-General of Police, Olatrade Nigeria Ltd and Gbenga Ajala, Relationship Manager, Abuja Branch of Fountain Trust Bank Plc (now at large) between January 2004 and December 2004 at Abuja in the Abuja Judicial Division of the Federal High Court did use the sum of N280 million (two hundred and eighty million Naira) which sum you knew represent the proceed of an illegal act to wit: theft, property of the Nigeria Police Force which aim is to conceal the nature of the proceeds of the said illegal act to buy two double duplex apartments located at Plot 110 Tunis Street, Wuse Zone 6, Garki, Abuja in the name of Ola Trade Nigeria ltd and thereby committed an offence contrary to section 14(a)(l) and punishable under section 14(1) of Money Laundering Act 2004.
 

COUNT 12
That you Tafa Adebayo Balogun being the former Inspector-General of Police, Caledonian Telecommunications Ltd and Gbenga Ajala, Relationship Manager, Abuja Branch of Fountain Trust Bank Plc (now at large) between 21st December 2004 and 3rd February 2005 at Abuja in the Abuja Judicial Division of the Federal High Court  did invest the sum of N345,720,320.14 (three hundred and forty-five million, seven (hundred and twenty thousand, three hundred and twenty Naira and Fourteen kobo) in commercial papers in the name of Caledonia Telecommunications Ltd which sum you knew represent the proceed of an illegal act to wit: theft, property of the Nigeria Police Force which aim is to conceal the nature of the proceeds of the said illegal act and thereby committed an offence contrary to section 14(1 )(a) and punishable under section 14(1) of Money Laundering Act 2004.
 

COUNT 13
That you Tafa Adebayo Balogun being the former Inspector-General of Police, Yeboa Investment Ltd and and Gbenga Ajala, Relationship Manager, Abuja Branch of Fountain Trust Bank Plc (now at large) between 21st December 2004 and 3rd February 2005, at Abuja in the Abuja Judicial Division of the Federal High Court did invest the sum of N468,959,667.36 (four hundred and sixty-eight million, nine hundred and fifty- nine thousand, six hundred and sixty-seven Naira and thirty-six kobo) in commercial papers in the name of Yeboa Investment Ltd which sum you knew represent the proceed of an illegal act to wit: theft, property of the Nigeria Police Force which aim is to conceal the nature of the proceeds of the said illegal act and thereby committed an offence contrary to section 14(l)(a) and punishable under section 14(1) of Money Laundering Act 2004.
 

COUNT 14
That you Tafa Adebayo Balogun being the former Inspector-General of Police, Yeboa Nigeria ltd and Gbenga Ajala, Relationship Manager, Abuja Branch of Fountain Trust Bank Plc (now at large) between 21st December 2004 and 3rd February 2005 at Abuja in the Abuja Judicial Division of the Federal High Court did invest the sum of N91,440,640.28 (ninety-one million, four hundred and forty thousand, six hundred and Forty Naira and twenty-eight kobo) in commercial papers in the name of Yeboa Investment Ltd which sum you knew represent the proceed of an illegal act to wit: theft, property of the Nigeria Police Force which aim is to conceal the nature of the proceeds of' the said illegal act and thereby committed an offence contrary to section 14(1 )(a) and punishable under section 14(1) of Money Laundering Act 2004.
 

COUNT 15
That you Tafa Adebayo Balogun being the former Inspector-General of Police, Yeboa Investmenl ltd and Gbenga Ajala, Relationship Manager, Abuja Branch of the Fountain Trust Bank Plc (now at large) between December 2004 and 3"' February 2005 at Abuja in the Abuja Judicial Division of the Federal High Court did invest the sum of N4,985,549. 13 (four million, nine hundred and eighty-five thousand, five hundred and forty-nine Naira and thirteen kobo) in commercial papers in the name of Yeboa Investment Ltd which sum you knew represent the proceed of an illegal act to wit: theft, property of the Nigeria Police Force, which aim is to conceal the nature of (lie proceeds of the said illegal act and thereby committed an offence contrary to section 14(l)(a) and punishable under section 14(1) of Money Laundering Act 2004.
 

COUNT 16
That you Tafa Adebayo Balogun being the former Inspector-General of Police, Renovations Constructions Ltd and Gbenga Ajala, Relationship Manager, Abuja Branch of Fountain Trust Bank Plc (now at large) between December 2004 and 3rd February 2005 at Abuja in the Abuja Judicial Division of (the Federal High Court did invest the sum of N 140,233,88 1.73 (one hundred and forty-six million, two hundred and thirty-three thousand, eight hundred and eighty-one Naira and seventy-three kobo) in commercial papers in the name of Renovations Constructions ltd which sum you knew represent the proceed of an illegal act to wit: theft, property of the Nigeria Police Force which aim is to conceal the nature of the proceeds of the said illegal act and thereby committed an offence contrary to section 14(l)(a) and punishable under section 14(1) of Money Laundering Act 2004.
 

COUNT 17
That you Tafa Adebayo Balogun being the former Inspector-General of Police, Renovations Constructions l.td and Gbenga Ajala, Relationship Manager, Abuja Branch of the Fountain Trust Bank Plc (now at large) between December 2004 and 3rd February 2005 at Abuja in the Abuja Judicial Division of the Federal High Court did invest the sum of N44,008,448.21 (forty-four hundred million, eight thousand and four hundred and forty-eight Naira and twenty-one kobo) in commercial papers in the name of Renovations Constructions Ltd which sum you knew represent the proceed of an illegal act to wit: theft, property of the Nigeria Police Force which aim is to conceal the nature of the, proceeds of the said illegal act and thereby committed an offence contrary lo section 14(a)(l) and punishable under section 14(1) of Money Laundering Act 2004.
 

COUNT 18
That you Tafa Adebayo Balogun being the former Inspector-General of Police, Caledonian Telecommunications Ltd and Gbenga Ajala, Relationship Manager, Abuja Branch of Fountain Trust Bank Plc (now at large) between January 2004 and January 2005 al Abuja in the Abuja Judicial Division of the Federal High Court did lodge the sum of N1,152,143,1 84.25) (one billion, one hundred and fifty-two million, one hundred and forty-three ( thousand, one hundred and eighty-four Naira and twenty-five kobo) into Current Account No. 01C31201472 with Fountain Trust Bank Plc, Abuja Branch, operated by Caledonia Telecommunications I Ad, which sum you knew represent the proceed of an illegal act to wit: theft, property of the Nigeria Police Force  which aim is to conceal the nature of the proceeds of the said illegal act and thereby committed an offence contrary to section 14(l)(a) and punishable under a section 14( 1) of Money Laundering Act 2004.                               
 

COUNT 19
That you Tafa Adebayo Balogun being the former Inspector-General of Police, Renovations Constructions Ltd and Gbenga Ajala, Relationship Manager, Abuja Branch of Fountain Trust Bank Plc (now at large) between 28th December 2004 and January 2005 at Abuja in the Abuja Judicial Division of the Federal High Court did lodge the sum of N 10,949,434.68 (ten : million, nine hundred and forty-nine thousand, four hundred and thirty-four Naira and sixty-eight kobo) into Call Deposit Account No. 01D3 120147305 with Fountain Trust Bank Plc, Abuja Branch operated by Renovations Constructions-; Ltd, which sum you knew represent the proceed of an illegal act to theft, property of the Nigeria Police Force which aim is to conceal the nature of the proceeds of the said illegal act and thereby committed an offence contrary to section 14(1)(a) and punishable under section 14(1) of Money Laundering Act 2004.
 

COUNT 20
That you Tafa Adebayo Balogun being the former Inspector-General of Police, Renovations Constructions Ltd and Gbenga Ajala, Relationship Manager, Abuja Branch of Fountain Trust Bank Plc (now at large) between June, 2004 and January 2005 at Abuja in the Abuja Judicial Division of the Federal High Court did lodge the sum of N91,05,376.13 (ninety-one million, eighty-five thousand, three hundred and seventy-six Naira and thirteen kobo) into Call Deposit Account No. 01 D3 I 20 1/17304 with Fountain Trust Bank 1td, Abuja Branch operated by Renovations Constructions ltd, which sum you knew represent the proceed of an illegal act to wit; theft, property of the Nigeria Police Force which aim is to conceal the nature of the proceeds of the said illegal act and thereby committed an offence contrary to section 14(a)( 1) and punishable under section 14(1) of Money Foundering Act 2004.
 

COUNT 21
That you Tafa Adebayo Balogun being the former Inspector-General of Police, Renovations Constructions Ltd and Gbenga Ajala, Relationship Manager, Abuja Branch of Fountain Trust Bank Plc (now at large) between January 2000 and January 2005 at Abuja in the Abuja Judicial Division of the Federal High Court did lodge the sum of N 138,586,536.77 (one hundred and thirty-eight million, five hundred and eighty-six thousand, five hundred and thirty-six Naira and seventy-seven kobo) into Call Deposit Account. No. 01D3120147303 wit: Fountain Trust Bank Plc, Abuja Branch operated by Renovations Constructions Ltd, which sum you knew represent the proceed of an illegal act to wit: theft, properly of the Nigeria Police Force which aim is to conceal the nature of the proceeds of the said illegal act and thereby committed an offence contrary to section 14(l)(a) and punishable under section 14(1) of Money Laundering Act 2004.

COUNT 22

That you Tafa Adebayo Balogun being the former Inspector-General of Police, Yeboa Nigeria Ltd and Gbenga Ajala, Relationship Manager, Abuja Branch of Fountain trust Bank Plc (now at large) between January 2000 and January 2005 at Abuja in the Abuja Judicial Division of the Federal High Court did lodge the sum of N1, 383,21 1,340.45 (one billion, three hundred and eighty-three million, two hundred and eleven thousand, three hundred and forty Naira and forty-five kobo) into Current Account No. 01C3 1201474 with Fountain Trust Bank Plc, Abuja Branch operated by Yeboa Nigeria Ltd, which sum you knew represent the proceed of an illegal act to wit: theft, property of the Nigeria Police Force which aim is to conceal the nature of the proceeds of the said illegal act and thereby committed an offence contrary to section 14(l)(a) and punishable under section 14(1) of Money Laundering Act 2004.
 

COUNT 23
That you Tafa Adebayo Balogun being the former Inspector-General Police, Yeboa Nigeria ltd and Gbenga Ajala, Relationship Manager, Abuja Branch Fountain Trust Bank Plc (now at large) between January 2002 and January 2005 at Abuja in the Abuja Judicial Division of the Federal High Court did lodge the sum of N254,279,679.86 (two hundred and fifty-four million, two hundred and seventy-nine thousand, six hundred and seventy-nine Naira and eighty-six kobo) in Bankers Acceptance Account No. 01X0520147400 with Fountain Trust Bank Pie, Abuja Branch operated by Yeboa Nigeria Ltd, which sum you knew- represent the proceed of an illegal act to wit: theft, property of the Nigeria Police Force which aim is to conceal the nature of the proceeds of the said illegal act and thereby committed an offence contrary to section 14(l)(a) and punishable under section 14(1) of Money Laundering Act 2004.
 

COUNT 24
That you Tafa Adebayo Balogun being the former Inspector-General of Police, Yeboa Investment ltd and Gbenga Ajala, Relationship Manager, Abuja Branch of Fountain Trust Bank Plc (now at large) between January 2002 and January 2005 at Abuja in the Abuja Judicial Division of the Federal High Court did lodge the sum of N254,279,679.85 (two hundred and fifty-four million, two hundred and seventy-nine thousand, six hundred and seventy-nine Naira and eighty-five kobo) in Bankers Acceptance Account No. 01X0520147500 with Fountain Trust Bank Plc, Abuja Branch operated by Yeboa Investment Ltd, which sum you knew represent the proceed of an illegal act to wit: theft, property of the Nigeria Police Force which aim is to conceal the nature of the proceeds of the said illegal act and thereby committed an offence contrary to section 14(l)(a) and punishable under section 14(1) of Money Laundering Act 2004.
 

COUNT 25
That you Tafa Adebayo Balogun being the former Inspector-General of Police, Yeboa Nigeria Ltd and Gbenga Ajala, Relationship Manager, Abuja Branch of Fountain Trust Bank Plc (now at large) between January 2001 and January 2005 at Abuja in the Abuja Judicial Division of the Federal High Court did lodge the sum of N415,550,274.08 (four hundred and fifteen million, five hundred and fifty thousand, two hundred and seventy-four Naira and eight kobo) into Current Account No. 01C31201473 with Fountain Trust Bank Plc, Abuja Branch operated by Yeboa Nigeria Ltd, which sum you knew represent the proceed of an illegal act to wit: theft properly of the Nigeria Police Force which aim is to conceal illegal nature of the proceeds of the said illegal act and thereby committed an offence contrary to section 14( 1 )(a) and punishable under section 14( I) of Money Laundering  Act 2004.
 

COUNT 26
That you Tafa Adebayo Balogun being the former Inspector-General of Police, Renovations Constructions Ltd and Gbenga Ajala, Relationship Manager, Abuja Branch of Fountain Trust Bank Plc (now at large) between January 2001 and January 2005 at Abuja in the Abuja Judicial Division of the Federal High Court did lodge the sum of N2,028.474.468.23 (two billion twenty-eight million, four hundred and seventy-four thousand, four hundred and sixty-eight Naira and twenty-three kobo) into Current Account No. 01C 1201473 with Fountain Trust Bank Plc, Abuja Branch operated by Renovations Constructions Ltd, which sum you knew represent the proceed of an illegal act to wit- theft, property of the Nigeria Police Force which aim is to conceal the nature of the proceeds of the said illegal act and thereby committed an offence contrary to section 14(l)(a) and punishable under section 14(1) of Money Laundering Act 2004.
 

COUNT 27
That you Tafa Adebayo Balogun being the former Inspector-General of Police, Olatrade Nigeria ltd and Gbenga Ajala, Relationship Manager, Abuja Branch of the Fountain Trust Bank Plc (now at large) between January 2001 and January 2005 at Abuja in the Abuja Judicial division of the Federal High Court did lodge the sum of N228.082.191.78 (two hundred and twenty-eight million, eighty-two thousand, one hundred and ninety- one Naira and seventy-eight kobo) into Call Deposit Account No. 01D3120119100 with Fountain Trust Bank Plc, Abuja Branch operated by Olatrade Nigeria Ltd, which sum you knew represent the proceed of an illegal act to wit: theft, properly of the Nigeria Police Force which aim is to conceal the nature of the proceeds of the said illegal act and thereby committed an offence contrary to section 14(a)(l) and punishable under section 14(1) of Money Laundering Act 2004.
 

COUNT 28
That you Tala Adebayo Balognn  being the former Inspector-General of Police, Olalrade Nigeria Ltd and Gbenga Ajala Relationship Manager, Abuja Branch of the Fountain Trust Bank Plc (now a large) between January 2001 and January 2005 al Abuja in the Abuja Judicial Division of the Federal High Court did lodge the sum of N29,800,000.00 (twenty-nine million, eight hundred thousand, one hundred and ninety-one Naira) into Call Deposit Account No. 01D31201 19100 with Fountain Trust Bank Plc, Abuja Branch operated by Olatrade Nigeria Lid, which sum you knew represent the proceed of an illegal act to wit: theft, property of' the Nigeria Police Force which aim is to conceal the nature of the proceeds of the said illegal act and thereby committed an offence contrary to section 14(l)(a) and punishable under section 14( 1) of Money Laundering Act 2004.
 

COUNT 29
That you Tafa Adcbayo Balogun (a.k.a. Adcbayo Mustapha) being the former Inspector-General of Police, Aworo Investment Ltd and Gbenga Ajala, Relationship Manager, Abuja Branch of the Fountain Trust Bank Pie (now at large) between January 2001 and January 2005 at Abuja in the Abuja Judicial Division of the Federal High Court did lodge the sum of N25,000,000.00 (twenty-live million Naira) into Call Deposit Account No.01D3 120127800 with Fountain Trust Bank Plc, Abuja Branch operated by Aworo Investment Nigeria Ltd. which sum you knew represent the proceed of an illegal act to wit: theft, property of the Nigeria Police Force which aim is to conceal the nature of the proceeds of the said illegal act and thereby committed an offence contrary to section 14(l)(a) and punishable under section 14(1) of Money Laundering Act 2004.
 

COUNT 30
That you Tafa Adebayo Balogun  being the former Inspector-General of Police, Aworo Investment Ltd and Gbenga Ajala, Relationship Manager, Abuja Branch of Fountain Trust Bank Plc (now at large) between January 2001 and January 2005 at Abuja in the Abuja Judicial Division of the Federal High Court did lodge the sum of N960,999,167.48 (nine hundred and sixty million, nine hundred and ninety-nine thousand, one hundred and sixty-seven Naira and forty-eight kobo) into Current Account No. 01C0120127800 with Fountain Trust Bank Pie, Abuja Branch operated by Aworo Investment Nigeria Ltd, which sum you knew represent the proceed of an illegal act to wit: theft, property of the Nigeria Police Force which aim is to conceal the nature of the proceeds of the said illegal act and thereby committed an offence contrary to section 14(l)(a) and punishable under section 14(1) of Money Laundering Act 2004.
 

COUNT 31
That you Tafa Adebayo Balogun  being the former Inspector-General of Police, Aworo Investment Ltd and Cibenga Ajala, Relationship Manager, Abuja Branch of Fountain Trust bank Plc (now at large) between January 2001 and January 2005 at Abuja in the Abuja Judicial Division of the Federal High Court did lodge the sum of N871,2I6, 933.21 (eight hundred and seventy-one million, two hundred and sixteen thousand, nine hundred and thirty-three Naira and twenty-one kobo) into Current Account No. 01 CO 1201278 with Fountain Trust Bank Plc, Abuja Branch operated by Aworo Investment Nigeria Ltd, which sum you knew represent the proceed of an illegal act to wit: theft, property of the Nigeria Police force which aim is to conceal the nature of the proceeds of the said illegal act and thereby committed an offence contrary to section i4(l)(a) and punishable under section 14( 1 ) of Money Laundering Act 2004.
 

COUNT 32
That you Tafa Adebayo Balogun being the former Inspector-General of Police on or about 11th April 2003 at Abuja in the Abuja Judicial Division of the Federal High Court did dishonestly convert to your use the sum of N700 million (Seven hundred Million Naira) property of tile Nigeria Police Force and thereby committed an offence punishable under section 289 of the Penal Code Cap 532 Laws of the Federation of Nigeria 1990. 
 

COUNT 33
That you Tafa Adebayo Balogun being the former Inspector-General of Police on or about 22nd June 2004 at Abuja in the Abuja Judicial Division of the Federal High Court did dishonestly convert to your use the sum of N100 million (one hundred Million Naira) property of the Nigeria Police Force and thereby committed an offence punishable under section 289 of the Penal Code Cap 532 Laws of the Federation of Nigeria 1990.
 

COUNT 34
That you Tafa Adebayo Balogun being the former Inspcctor-denei-al of Police on or about 24th June 2004 at Abuja in the Abuja Judicial Division of the Federal High Court did dishonestly convert to your use, the sum of N100 million (one hundred Million Naira) property of the Nigeria Police Force and thereby committed an offence punishable under section 289 of the Penal Code Cap 532 Laws of the Federation of Nigeria 1990.
 

COUNT 35
That you Tafa Adebayo Balogun being the former Inspector-General of Police on or about 29th June 2004 at Abuja in the Abuja Judicial Division of the Federal High Court did dishonestly convert to your use the sum of N50 million (fifty Million Naira) property of the Nigeria Police Force and thereby committed an offence punishable under section 289 of the Penal Code Cap 532 Laws of (lie Federation of Nigeria I ^90.
 

COUNT 36
That you Tafa Adebayo Balogun being the former Inspector-General of Police on or about 9th December 2002 at Abuja in the Abuja Judicial Division of the Federal High Court did dishonestly convert to your use the sum of N6,575,360.67 (six million, five hundred and seventy-five thousand three hundred and sixty Naira and sixty-seven kobo) property of the Nigeria Police Force and thereby committed an offence punishable under section 289 of the Penal Code Cap 532 Laws of the Federation of Nigeria 1990.
 

COUNT 37
That you Tafa Adebayo Balogun being the former Inspector-General of Police on or about 3rd February 2002 at Abuja in the Abuja Judicial Division of the Federal High Court did dishonestly convert to your use the sum of N1,929,1 55.00 (one million, nine hundred and twenty-nine thousand. One hundred and fifty-five Naira} property of the Nigeria Police Force, am thereby committed an offence punishable under section 289 of the Penal Code Cap 532 Laws of the Federation of Nigeria 1990.
 

COUNT 38
That you Tafa Adebayo Balogun  being the former Inspector-General of Police on or about 24"1 June 2004 at Abuja- in the Abuja Judicial Division of the Federal High Court did dishonestly convert to your use, the sum of N1,95 1,413.33 (one million, nine hundred and fifty-one thousand, four hundred and thirteen Naira and thirty-three kobo) property of the Nigeria Police Force and thereby committed an offence punishable under section 289 of the Penal Code Cap 532 Laws of the Federation of Nigeria 1990.
 

COUNT 39
That you Tafa Adebayo Balogun  being the former Inspector-General of Police on or about 31s1 March 2003 at Abuja in the Abuja Judicial Division of the Federal High Court did dishonestly convert to your use, the sum of N6,486,666.67 (six million, four hundred and eighty-six thousand, six hundred and sixty-six Naira and sixty-seven kobo) property of the Nigeria Police Force and thereby committed an offence punishable under section 289 of the Penal Code Cap 532 Laws of the Federation of Nigeria 1990.
 

COUNT 40
That you Tafa Adcbayo Balogun being the former Inspector-General of Police on or about 2nd October 2002 at Abuja in (the Abuja Judicial Division of the Federal High Court did dishonestly convert to your use, the sum of N4,5 1 2,328.67 four million, five hundred and twelve thousand, three hundred and twenty-eight Naira and sixty-seven kobo property of the Nigeria Police Force and thereby committed an offence punishable under section 289 of the Penal Code Cap 532 Laws of the Federation of Nigeria 1990.
 

COUNT 41
That you Tafa Adebayo Balogun  being the former Inspector-General of Police on or about 7th August 2002 at Abuja in the Abuja Judicial Division of the Federal High Court did dishonestly convert to your use, the sum of N4,229,277.67 (four million, two hundred and twenty-nine thousand, two hundred and seventy-seven Naira and sixty-seven kobo) property of the Nigeria Police Force and thereby committed an offence punishable under section 289 of the Penal Code Cap 532 Laws of the Federation of Nigeria 1990.
 

COUNT 42
That you Tafa Adebayo Balogun being the former Inspector-General of Police on or about 4th September 2002 at Abuja in the Abuja Judicial Division of the Federal High Court did dishonestly convert to your use, the sum of N3,743,379.00 (three million, seven hundred and forty-three thousand, three hundred and seventy-nine Naira) property of the Nigeria Police Force and thereby committed an offence punishable under section 289 of the Penal Code Cap 532 Laws of the Federation of Nigeria 1990.
 

COUNT 43
That you Tafa Adebayo Balogun being the former Inspector-General of Police on or about 11th January 2003 at Abuja in the Abuja Judicial Division of the Federal High Court did dishonestly convert to your use, the sum of N4,130,041.00 (four million, one hundred and thirty thousand, and forty-one Naira) property of the Nigeria Police Force and thereby committed an offence punishable under section 289 of the Penal Code Cap 532 Laws of the Federation Nigeria 1990.
 

COUNT 44
That you Tafa Adebayo Balogun  being the former Inspector-General of Police on or about 4th November 2002 at Abuja in the Abuja Judicial Division of the Federal High Court did dishonestly convert to your use, the sum of N5,651,843.00 (five million, six hundred and fifty-one thousand, eight hundred and forty-three Naira) property of the Nigeria Police Force and thereby committed an offence punishable under section 289 of the Penal Code Cap 532 Laws of the Federation of Nigeria 1990.
 

COUNT 45
That you Tafa Adebayo Balogun  being the former Inspector-General of Police on or about 8th May 2003 at Abuja in the Abuja Judicial Division of the Federal High Court did dishonestly convert to your use, the sum of N2,377,33(S,33 (two million, three hundred and seventy-seven thousand, three hundred and thirty-e

 

COUNT 46
That you Tafa Adebayo Balogun  being the former Inspector-General of Police on or about 21st February 2003 at Abuja in the Abuja Judicial Division of the Federal High Court did intentionally threatened to withdraw Policemen posted to guard the Head Office of Societe Generale Bank Nigeria Plc and thereby dishonestly induced the said Soeiete Generale Bank Nigeria Plc to deliver to you the sum of N30,000,000.00 (thirty million Naira) and thereby committed an offence punishable under section 292 of the Penal Code Cap 532 Laws of the Federation of Nigeria 1990.

COUNT 47
That you Tafa Adebayo Balogun being the former Inspector-General of Police on or about 29th July 2004 at Abuja in the Abuja Judicial Division of the Federal High Court did dishonestly convert to your use, the sum of N59,000,000 (fifty-nine million Naira) property of the Nigeria Police Force and thereby committed an offence punishable under section 289 of the Penal Code Cap 532 Laws of the Federation of Nigeria 1990.
 

COUNT 48
That you Tafa Adebayo Balogun  being me former Inspector-General of Police on or about 17th September 2004 at Abuja in the Abuja Judicial Division of the Federal High Court did dishonestly convert to your use, the sum of N30,000,000 (thirty million Naira) property of the Nigeria Police Force and thereby committed an offence punishable under section 289 of the Penal Code Cap 532 Laws of the Federation of Nigeria 1990.
 

COUNT 49
That you Tafa Adebayo Balogun  being the former Inspector-General of Police on or about 21st October 2004 at Abuja in the Abuja Judicial Division of the Federal High Court did dishonestly convert to your use, the sum or N8,500,000 (eight million live hundred thousand Naira) property of the Nigeria Police Force and thereby committed an offence punishable under section 289 of the Penal Code Cap 532 Laws of the Federation of Nigeria 1990.
 

COUNT 50
That you Tafa Adebayo Balogun being the former Inspector-General of Police on or about 10th November 2004 at Abuja in the Abuja Judicial Division of the Federal High Court did dishonestly convert to your use, the sum of N8, 500,000 (eight million five hundred thousand Naira) property of the Nigeria Police force and thereby committed an offence punishable, under section 289 of the Penal Code Cap 532 Laws of the Federation of Nigeria 1990.
 

COUNT 51
That you Tafa Adebayo Balogun being the former Inspector-General of Police on or about 30th August 2004 at Abuja in the Abuja Judicial Division of the Federal High Court did dishonestly convert to your use, (lie sum of N50,000,000 (fifty million Naira) property of the Nigeria Police Force and thereby committed an offence punishable under section 289 of the Penal Code Cap 532 Laws of the Federation of Nigeria 1990.
 

COUNT 52
That you Tafa Adebayo Balogun being the former Inspector-General of Police on or about 3rd August 2004 at Abuja in the Abuja Judicial Division of the Federal High Court did dishonestly convert to your use, the sum of N56,000,000 (fifty-six million Naira) property of the Nigeria Police Force and thereby committed an offence punishable under section 289 of the Penal Code Cap 532 Laws of the Federation of Nigeria 1990.
 

COUNT 53
That you Tafa Adebayo Balogun  being the former Inspector-General of Police on or about 3rd September 2004 at Abuja in Abuja Judicial Division of the Federal High Court did dishonestly convert your use, the sum of N15,000,000 (fifteen million Naira) property of the Nigeria IS Police Force and thereby committed an offence punishable under section 289 of the Penal Code Cap 532 Laws of the Federation of Nigeria 1990.
 

COUNT 54
That you Tafa Adcbayo Balogun being the former Inspector-General of Police on or about 15th September 2004 at Abuja in the Abuja Judicial Division of the Federal High Court did dishonestly convert to your use, the sum of N30,000,000 (thirty million Naira) property of the Nigeria Police Force and thereby committed an offence punishable under section 289 of the Penal Code Cap 532 Laws of the federation of Nigeria 1990.
 

COUNT 55
That you Tafa Adebayo Balogun being the former Inspector-General of Police on or about 16th September 2004 at Abuja in the Abuja Judicial Division of the Federal High Court did dishonestly convert to your use, the sum of N40,000,000 (forty million Naira) property of the Nigeria Police Force and thereby committed an offence punishable under section 289 of the Penal Code Cap 532 Laws of the Federation of Nigeria 1990.
 

COUNT 56
That you Tafa Adebayo Balogun being the former Inspector-General of Police on or about 13th July 2004 at Abuja in the Abuja Judicial Division of the Federal High Court did dishonestly convert to your use, the sum of N5,000,000 (Five million Naira) property of the Nigeria Police Force and thereby committed an offence punishable under section 289 of the Penal Code Cap 532 Laws of the Federation of Nigeria 1990.
 

COUNT 57
That you Tafa Adebayo Balogun being the former Inspector-General of Police on or about 20th August 2004 at Abuja in the Abuja Judicial Division of the Federal High Court did dishonestly convert to your use the, sum of N3,000,000 (three million Naira) property of the Nigeria Police Force and thereby committed an offence punishable under section 289 of the Penal Code Cap 532 Laws of the Federation of Nigeria I 990.
 

COUNT 58
That you Tafa Adebayo Balogun being the former Inspector-General of Police on or about 21st December 2004 at Abuja in the Abuja Judicial Division of the Federal High Court did dishonestly convert to your use, the sum of N13,000,000 (thirteen million Naira) property of the Nigeria Police Force and thereby committed an offence punishable under section 289 of the Penal Code Cap 532 Laws of the Federation of Nigeria 1990.
 

COUNT 59
That you Tafa Adebayo Balogun being the former Inspector-General of Police on or about 15th November 2004 at Abuja in the Abuja Judicial Division of the Federal High Court did dishonestly convert to your use, the sum of N 16,500,000 (sixteen million five hundred thousand Naira) property of the Nigeria Police Force and thereby committed an offence punishable under section 289 of the Penal Code Cap 532 Laws of the Federation of Nigeria 1990.
 

COUNT 60
That you Tafa Adebayo Balogun being the former Inspector-General of Police on or about 18th November 2004 at Abuja in the Abuja Judicial Division of the Federal High Court did dishonestly convert to your use, the sum of N20,000,000 (twenty million Naira) property of the Nigeria Police Force and thereby committed an offence punishable under section 289 of the Penal Code Cap 532 Laws of the federation of Nigeria 1990.
 

COUNT 61
That you Tafa Adebayo Balogun  being the former Inspector-General of Police on or about 30th August 2004 at Abuja in the Abuja Judicial Division of the Federal High Court did dishonestly convert to your use the sum of N50,000,000 (fifty million Naira) property of the Nigeria Police Force and thereby committed an offence punishable under section289 of the Penal Code Cap 532 Laws of the Federation of Nigeria 1990.
 

COUNT 62
That you Tafa Adebayo Balogun  being the former Inspector-General of Police on or about 14th September 2004 at Abuja in the Abuja Judicial Division of the Federal High Court did dishonestly convert to your use, the sum of N4,000,000 (four million Naira) property of the Nigeria Police Force and thereby committed an offence punishable under section 289 of the Penal Code Cap 532 Laws of the Federation of Nigeria 1990.
 

COUNT 63
That you Tafa Adebayo Balogun  being the former Inspector-General of Police on or about 30th August 2004 at Abuja in the Abuja Judicial Division of the Federal High Court did dishonestly convert to your use the sum of N5,000,000 (five million Naira) property of the Nigeria Police Force and hereby comitted an offence punishable under section 289 of the Penal Code Cap 532 Laws of the Federation of Nigeria 1990.
 

COUNT 64
That you Tafa Adebayo Balogun being the formei- Inspector-General of Police on or about Ist December 2004 at Abuja in the Abuja Judicial Division of the- Federal High Court did dishonestly convert to your use, the sum of N5,000,000 (five million Naira) properly of the Nigeria Police Force and thereby committed an offence punishable under section 289 of the Penal Code Cap 532 Laws of the Federation of Nigeria 1990.
 

COUNT 65
That you Tafa Adebayo Balogun  being the former Inspector-General of Police on or about 24"' August 2004 at Abuja in the Abuja Judicial Division of the Federal High Court did dishonestly convert to your use, the sum of N10,000,000 (ten million Naira) property of the Nigeria Police Force and thereby committed an offence punishable under section 289 of the Penal Code Cap 532 Laws of the Federation of Nigeria 1990.
 

COUNT 66
That you Tafa Adebayo Balogun being the former Inspector-General of Police on or about 29th July 2004 at Abuja in the Abuja Judicial Division of the Federal High Court did dishonestly convert to your use, the sum of N59,000,000 (fifty-nine million Naira) property of the Nigeria Police Force and thereby committed an offence punishable under section 289 of the Penal Code Cap 532 Laws of the Federation of Nigeria I 990.
 

COUNT 67
That you Tafa Adebayo Balogun being the former Inspector-General of Police on or about 19th July 2004 at Abuja in the Abuja Judicial Division of the Federal High Court did dishonestly convert to your use, the sum of N6,000,000 (six million Naira) property of the Nigeria Police Force and thereby committed an offence punishable under section 289 of the Penal Code Cap 532 Laws of the Federation of Nigeria 1990.
 

COUNT 68
That you Tafa Adebayo Balogun  being the former Inspector-General of Police on or about 19th August 2002 at Abuja in the Abuja Judicial Division of the Federal High Court did dishonestly convert to your use, the sum of N3,500,000 (three million five hundred thousand Naira) property of the Nigeria Police Force and thereby committed an offence punishable uncle section 289 of (he Penal Code Cap 532 Laws of the Federation  of Nigeria 1990.

COUNT 69
That you Tafa Adebayo Balogun  being the former Inspector-General of Police on or about 12th March 2003 at Abuja in the Abuja Judicial Division of the Federal High Court did dishonestly convert to your use the sum of N2,371,500 (two million, three hundred and seventy-one thousand,  five hundred Naira) property of the Nigeria Police Force and thereby committed an offence punishable under section 289 of the Penal Code Cap 532 Laws of the Federation of Nigeria 1990.                                               
 

COUNT 70
That you Tafa Adebayo Balogun being the former Inspector-General of Police on or about 8th May 2003 at Abuja in the Abuja Judicial Division of the Federal High Court did dishonestly convert to your use the sum of N2, 800,000 (two million, eight hundred thousand Naira) property of the Nigeria Police Force and thereby committed an offence punishable under section 289 of the Penal Code Cap 532 Laws of the Federation of Nigeria 1990.

---