The appellate court presided over by Justice Muhammed Mustapha adjourned the appeal to await the report of ongoing negotiations between the Economic and Financial Crimes Commission and the defendant. Justice Ismail Ijelu had ordered the businessman's arrest after he failed to appear before the court on many occasions to take his plea over the alleged fraud case despite repeated hearing notices served on him.
When the case was called, Adeniyi informed the court that the appellant had been making payment in line with the settlement proposal, so the EFCC felt that going ahead with the appeal might not be appropriate. He also told the court that the matter had started de novo before another lower court judge and the EFCC felt that the appeal had become academic and as such, the anti-graft agency had filed an affidavit showing the settlement and all that has transpired in the case so far.
Ibeto
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