FEATURED
Alleged N805m Fraud: Supreme Court Quashes Senator Nwaoboshi’s Conviction
The Supreme Court has quashed the conviction of Senator Peter Nwaoboshi (Delta North) and his sentencing to seven years imprisonment for offences of fraud and money laundering.
The apex court ordered his immediate release from Ikoyi prisons in Lagos, where he is currently being held.
In a judgment on Friday, the Supreme Court also freed the two companies – Golden Touch Construction Project Ltd and Suiming Electrical Ltd, tried with him on a two-count charge brought against them by the Economic and Financial Crimes Commission, EFCC.
In a split decision of four-to-one, the Supreme Court set aside the July 1, 2022 judgment of the Court of Appeal, Lagos, which had reversed their discharge and acquittal by a Federal High Court in Lagos.
In a lead judgment by Justice Emmanuel Agim, the apex court held that Nwaobishi and the two companies were unjustly and maliciously prosecuted by the EFCC for committing no offences known to law.
It faulted the EFCC for subjecting them to needless criminal trial in relation civil transaction.
DAILY POST reports that the EFCC had accused Nwaoboshi and his companies of illegally acquiring a property named Guinea House on Marine Road, in Apapa, Lagos, for N805 million, property said to belong to the Delta State Govt.
The anti-graft agency had claimed that part of the money paid for the property was transferred by Suiming Electrical Ltd. on behalf of Nwaoboshi and Golden Touch Construction Project Ltd, adding that the funds were believed to be proceeds of their illicit activities.
One Dead, Five Injured As Obedient/OK Rally For NDC Candidate Turns Violent In Asaba
NUJ: No Journalist Arrested Under Oborevwori, Names Him Media-Friendly Governor Of The Year
2027: ‘I Have Seen The Light’ — Okowa Dumps Atiku, Backs Tinubu In Port Harcourt
‘We’d Need Wheelbarrows to Buy Tomatoes’ – Tinubu Defends Economic Reforms
Court Jails 10 Men for Selling Substandard Diesel in Delta
Lagos Police Detain ASP Over Fatal Shooting of Young Girl in Ajegunle
Abia Police Arrest Uratta Attack Suspects, Rescue 10 Stolen Children, Recover 15 Guns
Justice Abba-Aji: US Banned Supreme Court Panel Over Imo Election That Made Uzodimma Governor
Delta Police Arrest 3 Suspected Cultists, Robbers in Agbarho, Oghara, Recover 6 Guns
Navy Rescues Bayelsa Commissioner, 6 Others After Boat Mishap; Police Officer Missing
2027 Election: Tinubu Approves Ibom Seaport After Eno Promises 2m Votes
NARD Threatens Nationwide Strike Over Bill Seeking Six-Month Jail Term for Doctors
2027: Okowa Appoints Ifeajika, Chiazor To Lead Media Team For Delta North Senate Race
Troops Arrest Notorious Terrorism Suspect in Kaduna, Target Dogo Gide’s Hideout
Two IDPs Hospitalised as Snakebites Surge Across Benue as SEMA Raises Alarm
