TransparencIT
TransparencIT
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Cybercrime/fraud

Jun 22, 2025

FRN vs Kayode Phillip & 1 other

Humans

Kayode Phillip
& 1 other

Money bag

$7,069,000.00; €80,000.00

Money bag

Case Summary
The defendants were alleged to be high-valued targets in Organised Cyber Syndicate Network, (OCSN), involved in various cyber crimes and money laundry. It is also alleged that they conspired between themselves to convert the said sum which was proceeds of fraud.

Calendar

2,033
Day(s) since arraignment

Gavel

Case Update
The second defendant, based on a plea bargain agreement entered with the prosecution, changed his plea from 'not guilty' to 'guilty' and was consequently convicted and sentenced to one-year imprisonment, with an option of a fine of N1,000,000.00 (One Million Naira) only. The Judge also ordered the forfeiture of the sum of N100,000,000.00 (One Hundred Million Naira) concealed by the convict in Zenith Bank Plc account number 1014845962 of CHK Property Investment Ltd to the Federal Government. The court also ordered a Mercedes Benz GLE43 with chassis number HJGED6EBXHA063213; two pieces of iPhone and an HP Desktop computer recovered from the convict be forfeited to the Federal Government.

Court house

Hon. Justice Hassan Muslim Sule
Federal High Court, Ikoyi, Lagos

Legislation

ACJA/ACJL Compliance - violated

Case Information
Kayode Phillip & 1 other
Presiding Judge & Designated Court
Hon. Justice Hassan Muslim Sule, Federal High Court, Ikoyi, Lagos
Nature and Number of Charges
25-count charge bordering on conspiracy and money laundering.
Date of 1st Arraignment
Nov 28, 2019
Summary of Case
The defendants were alleged to be high-valued targets in Organised Cyber Syndicate Network, (OCSN), involved in various cyber crimes and money laundry. It is also alleged that they conspired between themselves to convert the said sum which was proceeds of fraud.
Defendant(s) and Plea entered on Arraignment
1. Kayode Phillip – Not guilty
2. Hamza Koudeih – Guilty
Defence Counsel(s)
1. Oludare Falana (Lawyer)
2. Abdullahi Mohammed (Lawyer)
Prosecuting Agency
Economic and Financial Crimes Commission
Prosecutor(s)
1. Abass Mohammed (Lawyer)
Status of Case
On Trial
Stage of Trial
Prosecution Stage
Length of Trial
2,033 day(s)
Case Update
The second defendant, based on a plea bargain agreement entered with the prosecution, changed his plea from 'not guilty' to 'guilty' and was consequently convicted and sentenced to one-year imprisonment, with an option of a fine of N1,000,000.00 (One Million Naira) only. The Judge also ordered the forfeiture of the sum of N100,000,000.00 (One Hundred Million Naira) concealed by the convict in Zenith Bank Plc account number 1014845962 of CHK Property Investment Ltd to the Federal Government. The court also ordered a Mercedes Benz GLE43 with chassis number HJGED6EBXHA063213; two pieces of iPhone and an HP Desktop computer recovered from the convict be forfeited to the Federal Government.
ACJA/ACJL Compliance
Violated