The plea cut price between the previous Registrar of the Joint Admission and Matriculation Board (JAMB), Professor Lawrence Adedibu Ojerinde and the Unbiased Corrupt Practices and different associated offences Fee (ICPC) on decision of alleged N5B fraud out of court docket has collapsed.
The 2 events had been unable to agree on acceptable phrases of settlement as promised on the Federal Excessive Court docket in Abuja on Tuesday.
NAIJATABLOID gathered that whereas the embattled Professor agreed to give up all belongings acquired whereas serving authorities, ICPC on its half stood its floor to take over all belongings thus far traced to him.
Among the belongings embody a number of colleges, firms and money in banks standing within the identify of the defendant.
ICPC’S lawyer, Ebenezer Sogunle simply confirmed to Justice Obiora Egwuatu
that the settlement had collapsed and that the ICPC was able to proceed with the trial.
Counsel to the Professor, Mr Ibrahim Ishyaku, SAN, confirmed the event and that his consumer was prepared to face trial on the costs. NAIJATABLOID