The Abuja Zonal Directorate of the Economic and Financial Crimes Commission (EFCC), has arraigned Oluwabusayo Ekundayo before Justice A.S. Adepoju of the Federal Capital Territory (FCT) High Court in Gwagwalada, Abuja for issuance of dud cheque to the tune of N16, 650,000 (Sixteen Million, Six Hundred and Fifty Thousand Naira only).
The EFCC is prosecuting Ekundayo on a two-count charge.
Count one reads: “That you Oluwabusayo Ekundayo sometime in 2022 in Abuja, within the Judicial Division of the High Court of the Federal Capital Territory, being the CEO/Chairman of Orion Surgical and Satures, did obtain from one Clara Onwumere the sum of N4,650,000.00 (Four Million, Six Hundred and Fifty Thousand Naira), by means of cheque which when presented within three months, would be dishonoured on the ground that no sufficient funds were standing to the credit of the account upon which the cheque was drawn and you thereby committed an offence contrary Section 1(1)(b) of Dishonoured Cheque (Offences) Act 2004 and punishable under section 1(1)(b)(i) of the same Act.” 
Count two reads: “That you Oluwabusayo Ekundayo within the Judicial Division of the High Court of the Federal Capital Territory, being the CEO/Chairman of Orion Surgical and Satures, did obtain credit from one Clara Onwumere in the sum of N12,000,000.00 (Twelve Million Naira only) which when presented within three months, would be dishonoured on the ground that no sufficient funds were standing to the credit of the account upon which the cheque was drawn and you thereby committed an offence contrary Section 1(1) (b) and punishable under Section 1(1)(b) of Dishonoured Cheque (Offences) Act 2004 and punishable under section 1(1) (b) (i) of the same Act.”
When the charge was read to Ekundayo, he pleaded not guilty to the offence preferred against him by the EFCC.
The development prompted the prosecuting EFCC lawyer, Joyce Audu, to request a trial date.
Trial has since commenced in the matter.
