
Aged Minister of Aviation, Stella Oduah, has expressed readiness to return funds allegedly taken from authorities coffers as section of efforts to regain to the bottom of an ongoing ₦2.5 billion fraud case.
The fashion emerged during proceedings on the Federal Excessive Courtroom in Abuja on Thursday, the effect the matter is in the in the interim being heard.
The customary minister and her co-defendant signalled their intention to pursue a plea bargain association with the Federal Executive. The transfer is anticipated to pave the style for a that you’re going to be in a effect to imagine settlement of the criminal costs introduced against them.
During the court docket session, the Director of Public Prosecutions of the Federation, Rotimi Oyedepo, informed the court docket that the defendants had approached the administrative heart of the Attorney-Overall of the Federation to originate discussions on a plea settlement.
According to him, the proposal being talked about includes returning cash allegedly obtained from the authorities through faux potential.
“They’ve made moves to refund certain quantity of cash into the authorities coffers.
“What’s left is the confirmation of receipt of the bank draft by the authorities,” Oyedepo said in court docket.
Counsel to the customary minister, Onyechi Ikpeazu, SAN, confirmed that talks were ongoing between all facets regarding the that you’re going to be in a effect to imagine settlement. He told the court docket that the defence group used to be working with the prosecution to enact discussions spherical the plea association.
Equally, lawyer to the second defendant, Favour Osuanya, also acknowledged that negotiations were underway and that both parties were exploring choices that will presumably well additionally regain to the bottom of the case with out a extended trial.
Following the submissions from both the prosecution and defence groups, Justice Hamza Muazu adjourned the matter unless March 26. The court docket is anticipated to receive an change on the final result of the plea bargain discussions on the following sitting.
Earlier in the proceedings, the prosecution had explained that the plea bargain job used to be being explored in line with Share 270 of the Administration of Criminal Justice Act 2015. Oyedepo told the court docket that consultations were aloof ongoing and requested extra time for parties involved to enact discussions or proceed with the trial if talks fail.
Oduah and her co-defendant, Gloria Odita, are in the in the interim facing costs over alleged financial misconduct involving billions of naira during Oduah’s tenure as Minister of Aviation.
The Federal Executive accused the defendants of conspiring in January 2014 to obtain ₦2,469,030,738.90 from the Federal Ministry of Aviation through two deepest companies, Mountainous Waters Resources Nigeria Ltd and Global Offshore Marine Ltd.
According to the payment, the funds were obtained beneath claims that they were supposed for technical supervision and logistics reinforce products and companies linked to aviation safety initiatives.
The prosecution alleged that the claims were faulty and were outdated to explain the liberate of public funds.
“Pretending that the said sum represented ‘Cost of Technical Supervision’ and ‘Safety Integrated and Logistics Enhance Companies’, which representation you knew to be faulty.”
The authorities extra maintained that the actions violated provisions of the Strategy Fee Fraud Act, which criminalises obtaining cash beneath faulty pretences.
Courtroom documents also alleged that the defendants secured ₦839,780,738.90 from the ministry on January 13, 2014, beneath the teach that the quantity represented the mark of technical supervision.
One other count said that on February 12, 2014, the defendants obtained ₦1,629,250,000 through Global Offshore Marine Ltd for “Safety Integrated and Logistics Enhance Companies,” a teach the prosecution insisted used to be faux.
In extra counts, the Federal Executive accused Oduah of dishonestly misappropriating the funds, which were originally supposed for a contract awarded to 1-Sec Safety Nigeria Ltd.
The payment said that she “dishonestly misappropriated the sum by authorising the transfer of the said sum, which act is a breach of your legit belief.”
Each Oduah and Odita had earlier denied the allegations after they were arraigned and pleaded no longer guilty to the costs filed against them.
The court docket will now determine the following step in the case once the parties return on the adjourned date to file the final result of the ongoing plea bargain discussions.





