The fraud charges against Professor Lawrence Adedibu Ojerinde the former Registrar of the Joint Admission and Matriculation Board (JAMB), by the Independent Corrupt Practices and other related offences Commission (ICPC) on resolution of alleged N5B fraud out of court has collapsed.

The two parties entered a plea bargain but were unable to agree on acceptable terms of settlement as promised at the Federal High Court in Abuja on Tuesday.

READ ALSO:  NDLEA Clears Air On Obi Cubana's Case And Abba Kyari

Candidreporters.com gathered that while the embattled Professor agreed to surrender all assets acquired while serving government, ICPC on its part stood its ground to take over all assets so far traced to him.

Some of the assets include several schools, companies and cash in banks standing in the name of the defendant.

READ ALSO:  Federal High Court Issues Warrant Of Arrest On Diezani Alison-Madueke

ICPC’S lawyer, Ebenezer Sogunle just confirmed to Justice Obiora Egwuatu that the agreement had collapsed and that the ICPC was ready to proceed with the trial.

Counsel to the Professor, Mr Ibrahim Ishyaku, SAN, confirmed the development and that his client was ready to stand trial on the charges.

Do you have any information or event for candid reporters to publish or cover? Kindly Call us on 09132987510 or send us message on Whatsapp number 07034623382 or send us an email contact@candidreporters.com

Disclaimer: Candid Reporters publishes news, information, sports, opinions, and Interviews. The site includes both reported and edited content. Unmoderated posts and Comments expressed here do not reflect the opinions of Candid Reporters or any employee thereof..

LEAVE A REPLY

Please enter your comment!
Please enter your name here