By Olawale Akinremi
Ibadan (NAN) Justice Joyce Abdulmaleek of the Federal High Court,  Ibadan, on Tuesday ordered  the arrest and remand of  one Olukunle Siwade, one of the accused persons in the alleged  CBN  currency scam of N8 billion.

Abdulmaleek  gave the order  following the non  appearance of  Siwade and his counsel when he was called at the resumed  trial.

Siwade had been granted bail in the  case involving him and Kolawole Babalola, Adeola Olaniran, Philip Togun and Kehinde Fatokun.

The judge  adjourned the case till  Wednesday  for further trial.

Meanwhile, in a sister case before Justice Nathaniel Ayo-Emmanuel, Mr Chiefson Ilagha, a retired official of the CBN, testified that the inspection team in which he was one of the members discovered many boxes containing cut newspapers instead of money.

Ilagha added that certain boxes  were money marked for destruction because they were mutilated.

The retired CBN official said that those set of boxes contained N1,000 denomination and amounted to N10 million.

Ilagha further stated that there were other boxes containing other denominations that were replaced with cut newspapers.

The News Agency of Nigeria (NAN) recalls that Patient Okoro, Johnson Afolabi, Sunday Ilori, Fatai Adedokun, Babalola, Olaniran, Togun, Fatogun, Olaniran, and Siwade  had since 2015 been  standing trial.

They were arraigned on  multiple charges bordering on conspiracy, forgery, stealing and recirculation of mutilated currencies at the Ibadan branch of  CBN.

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