There was mild drama at the Special Offences Court in Ikeja, Lagos, on Monday, May 11, 2026, as Justice Olubunmi Abike-Fadipe postponed ruling on a bail application in the ongoing ₦2.04 billion money laundering trial involving staff of the Nigerian Railway Corporation.
The judge adjourned the ruling to June 2, 2026, after hearing arguments from counsel to the first defendant, Felix Njoku, a former Director of Finance at the corporation.
During the resumed hearing, defence counsel Mordecai Adejo told the court that he had already filed a bail application dated February 3, 2026. The application was supported by a four-paragraph affidavit and a written address, which he adopted in urging the court to grant bail to his client.
The case, which involves allegations of large-scale financial misconduct linked to NRC officials, is expected to continue as the court considers the bail request.
READ ALSO:
- Desmond Elliot Apologises To Gbajabiamila Over Lagos Political Rift
- Wema Bank Plc Sets the Record Straight on False and Misleading Publication by NDIC on Legacy Transactions Involving Defunct Gulf Bank Plc
- Tinubu: Nigerians Want Modern Hospitals But Don’t Want to Pay Taxes
- Tinubu Returns to Abuja After Completing Three-Nation African and European Tour
- Excitement as Zamfara Under Governor Lawal Begins Airlift of Pilgrims at Zamfara Airport
