The Economic and Financial Crimes Commission, EFCC, has arraigned one Olugbenga Obadina before Justice Nnamdi Dimgba of the Federal High Court Abuja on an eight-count charge of criminal breach of trust, corruption and money laundering to the tune of N2.4 billion.

Obadina was alleged to have collected N2.417 billion paid into his company’s account in tranches, between 2013 and 2015 from the account of the Office of the National Security Adviser, ONSA, under Sambo Dasuki, without contract award.

The accused person pleaded not guilty when the charges were read to him.

Counsel to EFCC, Aso Peters asked the court to fix a date for trial to commence and urged the court to remand the accused in prison custody.

But Chris Uche, SAN, representing the accused prayed the court to grant the defendant bail as he had a pending application to that effect which had been served on the prosecution.

Responding, Peters said that the prosecution was served on July 13 and he had the right of 48hours to respond.

Peters also told the court that the defendant had refused to cooperate with the Commission in the course of investigation, adding that his profile had not been taken.

“My Lord, he (Obadina) refused giving his fingerprint and biodata; he is a flight risk. He claimed he was advised by his lawyer”, Peters added.

Justice Dimgba adjourned the case to July 18 for ruling on the bail application and ordered the accused person to be remanded in Kuje prison.