Posts Tagged ‘Money Laundering’
The Economic and Financial Crimes Commission on Friday re-arraigned Uyiekpen Giwa-Osagie, lawyer to former Vice-President Atiku Abubakar, for allegedly laundering $2m during the 2019 general elections. Atiku contested in the elections against Nigerian Ruler, Muhammadu Buhari, but he lost. In the three counts filed before the Federal High Court in Lagos, the EFCC accused Atiku’s […]
Abel Ozioko, counsel to Olisa Metuh, says he is ready to appeal the judgment of the federal high court in Abuja which sentenced his client to seven years in prison. Okon Abang, the trial judge, had convicted Metuh, a former spokesman of the Peoples Democratic Party (PDP), on seven counts of money laundering. On counts […]
The fifth prosecution witness of the Economic and Financial Crimes Commission (EFCC), Idoko Akor Idoko, on Wednesday told the court how Shamsudeen Bala Mohammed, the son of the governor of Bauchi State, Senator Bala Mohammed, made several cash deposits and withdrawals from his four accounts in Standard Chartered Bank. Idoko who is a branch sales and […]
Allen Ifechukwu Athan Onyema, the Chairman, CEO, and founder of Air Peace, a Nigerian airline, has been charged with bank fraud and money laundering for moving more than $20 million from Nigeria through United States bank accounts in a scheme involving false documents based on the purchase of airplanes. The international airline’s Chief of Administration […]
…Remanded in Prison Custody Justice Chukwujekwu Aneke of Federal High court Lagos, today November 1, 2019 remanded the Managing Director of 606 Autos Limited, Sarumi Samusideen Babafemi in Ikoyi Prison.
The Peoples Democratic Party (PDP) Saturday challenged the Presidency to speak out on the reported arrest of President Muhammadu Buhari’s known confidant, Nasir Danu, at the Heathrow Airport, United Kingdom, for alleged passport scam and money laundering. The PDP insisted that the silence by the Presidency on the matter since the report of Danu’s arrest […]