Alao-Arisekola’s Son Granted N100m Bail After N1.9 Billion Subsidy Scam

Alao-Arisekola’s Son Granted N100m Bail After N1.9 Billion Subsidy Scam

Justice Habeeb Abiru of an Ikeja High Court today Wednesday granted a bail of N100 million to Abdulahi, son of Ibadan based business man, Alhaji Alao Arisekola over his involvement and his company, Axenergy oil in a N1.9 billion subsidy scam trial.

Alao-Arisekola’s Son Granted N100m Bail After N1.9 Billion Subsidy Scam

 

 

 

 

 

 

 

Arisekola’s son was last week  arraigned before Justice Habeeb Abiru, but refused to hear his bail application based on the objection raised by Economic and Financial Crimes, EFCC’s counsel, Mr Rotimi Jacobs, who said he will file a counter affidavit on point of law.

The ruling followed arguments canvassed by counsels to both parties.

The defence counsel, Babajide Koku, SAN, had argued that Alao never had any criminal record and he is presumed innocent until proven guilty by the court.

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