The Economic and Financial Crimes Commission (EFCC) has also arraigned a legal practitioner, Mr Uyiekpen Giwa-Osagie, another associate of Former Vice President, Atiku Abubakar.
Last week, the anti graft agency had filed a three count charge against him at the Federal High Court in Lagos for allegedly laundering 2 million dollars in the build-up to this year’s general elections.
Also named in the charge is Erhunse Giwa-Osagie, who is said to be his brother.
The EFCC alleged that the two defendants conspired between each other to make a cash payment of 2 million dollars on February 12, 2019, without going through a financial institution.
The offence is said to be contrary to Sections 18(a) and 1(a) of the Money Laundering (Prohibition) Act 2011 and were liable to be punished under Section 16(2)(b) of the same Act.
Both men pleaded not guilty to the 3 counts and Justice Nicholas Oweibo also ordered that they be remanded in EFCC custody pending the hearing of their bail application tomorrow.
In a video making waves on social media platforms, Nigerians have reacted with mixed feelings…
A popular Nigerian TikToker identified simply as Seaking has been arrested by operatives of the…
Throughout history, some individuals have endured extraordinarily long prison sentences, with their stories reflecting the…
There is growing tension in Modakeke, Osun State, following the alleged arrest of two lovers,…
A victim of the stampede that occurred in Ibadan, Oyo State capital, which has claimed…
The vibrant Osun State is no stranger to captivating events and headlines that draw attention…
This website uses cookies.