N5billion Fraud: Ex-JAMB Registrar Seeks Out-of-Court Settlement, Begs For Alternative ResolutionPAY ATTENTION: Click “See First” under the “Following” tab to see Legit.ng News on your Facebook News Feed! Abuja- A former registrar of the Joint Admission and Matriculation Board (JAMB), Prof Adedibu Ojerinde, has opted for a plea bargain with the Independent Corrupt Practices and other related offences Commission (ICPC). Ojerinde who was arraigned on Tuesday, February 8, before the Federal High Court in Abuja over an alleged N5billion fraud asked the trial Judge, Justice Obiora Egwuatu, to give him 24 hours to settle himself with ICPC through a plea bargain instead of a formal trial. Recommended for you "Portable's music changed my life": Man shed tears, appreciates Zazu singer... According to Sahara Reporters, his lead counsel, Ibrahim Ishyaku (SAN), informed the court that his client preferred an out-of-court settlement known as a plea bargain to resolve the matter. The senior lawyer informed the judge that the trial could commence if, after 24 hours, the matter could not be resolved. PAY ATTENTION: Subscribe to Digital Talk newsletter to receive must-know business stories and succeed BIG! “My Lord, our plea is that we be given 24 hours to explore the possibility of a plea bargain to resolve this matter and we ask that the trial be adjourned for the period to enable us to come up with our terms of the settlement.” ICPC lawyer, Ebenezer Sogunle did not object to the request but insisted that the trial would proceed in case the plea bargain failed. Recommended for you Lagos 2023: 4 powerful PDP chieftains align, back Sanwo-Olu's second-term b... Meanwhile, Legit.ng had previously reported that the Joint Admissions and Matriculation Board on Sunday, December 6, said it will begin steps to clear up all the backlogs of illegal admissions in different universities across Nigeria. Vanguard reports that the disclosure was made by JAMB registrar, Ishaq Oloyede, over the weekend in Abuja. Speaking while receiving an award of excellence presented to him by the Education Correspondents Association of Nigeria (ECAN), Oloyede said the board had earlier discovered 706,189 illegal admissions in Nigeria's tertiary institutions. In another report, the board has reacted to several backlashes by groups and individuals over its recent remittance of the surplus fund to the federal government account. JAMB said its action is in line with global best practices and obtainable in the extant directive of the government. The board said that the remittance of surplus funds is also for accountability and to the interest of the general public. Source: Legit.ng Earlier, the Federal High Court in Abuja gave an order for the former registrar of JAMB, Prof Adedibu Ojerinde to be remanded in prison for alleged fraud In a twist of an event, Ojerinde recently is requesting the court to give him a 24-hour ultimatum to settle the matter out of court, with the ICPC Meanwhile, the ex-registrar is facing an 18-count charge of complicity in the diversion of public funds brought against him by the anti-graft agency PAY ATTENTION: Click “See First” under the “Following” tab to see Legit.ng News on your Facebook News Feed! Abuja Subscribe to Digital Talk newsletter to receive must-know business stories and succeed BIG! Legit.ng