Raymond Dokpesi is not entitled to bail- Counsel to EFCC

A Federal High Court, Abuja has again, ordered that Raymond Dokpesi be retained in the custody of the Economic and Financial Crimes Commission (EFCC) pending ruling in his bail application on December 14.
Dokpesi, the former chairman of DAAR Investment and Holdings Ltd., is standing trial on a six-count-charge bordering on money laundering and contract fraud to the tune of N2.1billion.

Justice Gabriel Kolawole gave the order for the remand of the defendant, after lawyers in the trial had argued for and against his bail application.

“The court cannot deliver ruling immediately because all the processes filed by the parties are not before the court.

“I will need time to assimilate all the facts and the authorities cited by both counsel to the prosecution and the defense,’’ he said.

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