Akindele is remanded to Kuje Prison following an alleged N150 million bribe.

Akintoye Akindele, a businessman from Lagos and the proprietor of Platform Capital, was remanded to Kuje prison on Tuesday by a High Court of the Federal Capital Territory.

Akindele, who was charged by the Inspector General of Police IGP with attempting to bribe police officers with N150 million, will remain in prison until he is able to fulfill the parole conditions imposed by the court.

The Inspector General of Police, through Senior Advocate of Nigeria SAN, Mr. Simon Lough, had charged Akindele with one count of criminal offense on Tuesday.

Akindele, the Managing Director and Chief Executive Officer of Duport Midstream Company, was accused, among other things, of offering the police a bribe of N150 million to influence the outcome of an investigation into a petition filed against him.

As part of the alleged bribe, the businessman allegedly gave N50 million to the IGP’s team of investigators, headed by Superintendent of Police Ibrahim Ezekiel Sini.

According to the accusation, the bribe was offered so that police would enable him to flee abroad and write a favorable report for him following the investigation.

Akindele was being interrogated in relation to a petition submitted to the Police Chief by Summit Oil International Limited when she was apprehended.

Summit Oil alleged in its petition that it was defrauded of $5,636,397 and an additional N73,543,764.

However, upon hearing the charge, he pleaded not guilty.

The police attorney subsequently requested a postponement so that he could assemble his witnesses against the defendant.

Mr. Henry Eni-Otu, attorney for the defendant, pleaded with Justice Hamza Muazu to release his client on bail, stating that Akindele had been in police detention for more than three weeks.

Justice Muazu granted him bond in the amount of N500 million with two sureties in the same amount.

Among other requirements, the sureties must have properties in Abuja with title documentation.

In addition, Akindele was ordered to deposit his passport for international travel with the court registrar.