Connect with us

FEATURED

Judge Says EFCC Bungle Case That Made Peter Nwaoboshi Free Of N322m Fraud Charge

Published

on





A federal high court in Lagos has discharged Peter Nwaoboshi, senator representing Delta north, of money laundering charge filed against him by the Economic and Financial Crimes Commission (EFCC).

The EFCC arraigned Nwaoboshi and his two firms – Golden Touch Construction Project Ltd and Suiming Electrical Ltd —  in 2018 before Mohammed Idris, a judge, who was later elevated to the court of appeal.

They were then re-arraigned before Chukwujekwu Aneke on October 5, 2018.

Advertisement

In the two-count charge marked FHC/L/117C/18, the EFCC alleged that the defendants laundered N322 million between May and June 2014, in Lagos.

According to the EFCC, Nwaoboshi was said to have acquired a property described as Guinea House, Marine Road, in Apapa Lagos, for the sum of N805 million.

The prosecution said he reasonably ought to have known that N322 million out of the purchase sum formed part of proceeds of an unlawful act.

The sum was said to have been transferred to the vendors by order of Suiming Electrical Ltd.

Advertisement
However, in the judgment delivered on Friday, Aneke held that the agency failed to prove the elements of the offences for which it charged the senator.

She held that the prosecution’s case collapsed because “bank officials were not called to testify”.

The judge also discharged the companies on the same ground.

(This story excluding headline contains information from The Cable)

Advertisement
NEWS8 hours ago

Ned Nwoko’s Sports University Announces Admission for 2025/2026 Academic Session

FEATURED13 hours ago

Tinubu Hosts Ibori, Igbinedion, Other Class of 1999 Governors in Aso Rock Villa

Profiled
FEATURED14 hours ago

EFCC Uncovers Massive Scam Using Fake Airline Discounts, Reveals How Scammers Use ‘Promo’ Offers to Hijack Accounts

FEATURED14 hours ago

Kano TikToker, Musician Jailed for Naira Abuse

FEATURED14 hours ago

Ex-NHIS Boss,Femi Thomas, BDC Operator Convicted For $2,198,900.00 Fraud in Lagos

COMMUNITY REPORT18 hours ago

DOPF Hails Delta Assembly on Passage of Community Security Bill, Urges Governor’s Swift Assent

FEATURED18 hours ago

13% Derivation: N’Delta Leader, Okirika Hails Sen. Nwoko’s Push for Direct Allocation to Host Communities

FEATURED21 hours ago

Delta Transfers Otor-Udu General Hospital to FG for FMC Establishment

stashed away
FEATURED21 hours ago

Court Jails Man for Vandalising Delta Govt Property, to Clean Court Premises for One Year

FEATURED1 day ago

Delta Police Arrest 184 Suspected Internet Fraudsters, Busts Notorious Kidnap Gang

FEATURED1 day ago

Senator Nwoko Joins APC Leaders at Key NEC Meeting, Signals Delta’s Growing Political Influence

COMMUNITY REPORT1 day ago

WABMA Foundation, Partners Launch School-Based SGBV Sensitization Across Southeast

oil spill
FEATURED1 day ago

Senator Nwoko-led C’ttee Intensifies Moves to Expose and Dismantle Illicit Oil Theft Networks

FEATURED2 days ago

Controversy as PENGASSAN, NUPENG, Disrupt Academy Activity in FUPRE Despite Court Judgment Prohibiting Petroleum-based Unions

OPINION2 days ago

ANIOMA STATE: A BRIDGE OF UNITY AND BALANCE FOR THE SOUTHEAST AND NIGERIA, BY CHARLES UDE

Advertisement
Advertisement