LATEST NEWS:COURT REMANDS GBENGA DANIEL IN EFCC CUSTODY TILL FRIDAY

  Otunba Gbenga Daniel, a former governor of Ogun State was today arraigned before an Ogun State High Court, Abeokuta on 16 count charges of corruption. The EFCC who made the charges against Daniel said he used his position as a former state chief executive to steal and divert public funds for person use.
According to what Gistmater gathered from EFCC
 Otunba Gbenga Daniel allegedly converted the sum of $3 million(a dollar is now N158 to $1) from the domiciliary account of Ogun state with FCMB (First City Monument Bank) into personal use.
 EFCC said Daniel used the money to buy equity stake in a private company, Glanvill Enthoven & company Nigeria Limited.The offence is punishable under section 390 (4) of the criminal code CAP 29 laws of Ogun State.
EFCC also alleged that the ex governor used his position to fraudulently withdrew the sum of $1 million (USD) from the same domiciliary account of Ogun State with FCMB to buy shares in 21st Century Technology Limited.
The anti-graft agency also alleged that Daniel converted several billions of Naira meant for public use into personal use.
 Justice Mabekoje adjourned the EFCC lawyer, Mr.Jacobs respond to the bail application brought by Mr. Daniel's lawyer, Professor Taiwo Osipitan (SAN) and Mr.Tayo Oyetibo (SAN).