COURT CLEARS SENATOR NWAOBOSHI OF N322M FRAUD CHARGE
Senator Peter Nwaoboshi has been discharged by the Federal High Court in Lagos over N322million money laundering charge filed against him by the Economic and Financial Crimes Commission (EFCC).
Justice Chukwujekwu Aneke held that the agency failed to prove the elements of the offences for which it charged the lawmaker.
Nwaoboshi, a Peoples’ Democratic Party (PDP) chieftain, represents Delta North in the upper chamber.
The judge also discharged Nwaoboshi’s two firms – Golden Touch Construction Project Ltd and Suiming Electrical Ltd – on the same ground.
READ ALSO: NIGERIAN SOLDIERS CAPTURE NOTORIOUS ISWAP INFORMANT GONI FANDAM
The defendants were arraigned in 2018 before Justice Mohammed Idris who was later elevated to the Court of Appeal. They were then re-arraigned before Justice Aneke on October 5, 2018.
In the two-count charge marked FHC/L/117C/18., the EFCC alleged that the defendants committed the offence between May and June 2014, in Lagos.
Nwaoboshi was said to have acquired a property described as Guinea House, Marine Road, in Apapa Lagos, for the sum of N805million.
The prosecution said he reasonably ought to have known that N322million out of the purchase sum formed part of proceeds of an unlawful act.
For the latest Updates from Eons Intelligence, Follow us on twitter @eonsintelligenc and on Facebook, Eons Intelligence. You can also connect with us on our LinkedIn Page, Eons Intelligence
Comments