Wednesday, July 3, 2013

Ladipo Market ex-President failed to remit N46million trade permit to Lagos State Motor Vehicle Association Agency, MVAA.

Justice Olabisi Akinlade, of an Ikeja High court, was, yesterday,  told how the embattled former president of Aguiyi Ironsi International Market, known as Ladipo Market, Jonathan Okoli, allegedly failed to remit the sum of N46million trade permit to Lagos State Motor Vehicle Association Agency, MVAA.


This was exclusive of other funds he allegedly collected on behalf of the market’s association, but allegedly converted to his personal use.
A prosecution witness, Anthony Mark, led in evidence by the Economic and Financial Crimes Commission, EFCC, counsel, Anselem Ozioko,  said the defendant only remitted fund he allegedly collected from 430 shops instead of about 1,500 to government’s coffers.
Culled from Vanguardngr

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