RismadarVoice Reporters, May 12, 2026
Justice Olubunmi Abike-Fadipe of the Special Offences Court sitting in Ikeja, Lagos, on Monday reserved ruling until June 2, 2026, on the bail application filed by a former Director of Finance of the Nigerian Railway Corporation (NRC), Felix Njoku, who is standing trial over an alleged ₦2.04 billion money laundering case.
At the resumed proceedings, counsel to the first defendant, Mr Mordecai Adejo, informed the court that he had filed a motion for bail dated February 3, 2026.
The application, according to the defence counsel, was supported by a four-paragraph affidavit and a written address, which he adopted as his submissions before the court.
Njoku is among the officials of the Nigerian Railway Corporation being prosecuted in connection with the alleged diversion and laundering of public funds amounting to ₦2.04 billion.
Following arguments by counsel, Justice Abike-Fadipe adjourned ruling on the bail application to June 2, 2026.
