EFCC Explains Why Court Sentenced Senator Bassey To 42 Years In Prison For Money Laundering

Details about how Albert Bassey, the senator for Akwa Ibom North East in the National Assembly, was found guilty and given a 42-year prison sentence by Justice Agatha Okeke of the Federal High, Uyo, Akwa Ibom state, have been made public by the Economic and Financial Crimes Commission (EFCC). 

BIGPEN NIGERIA (www.bigpenngr.com) understands that the serving senator who is the governorship candidate of the Young Progressive Party (YPP) in Akwa-Ibom, was found guilty by the court of the six money laundering charges that the EFCC had brought against him.

The anti-graft agency brought charges against Senator Bassey on the basis of allegations that he accepted a vehicle worth N204 million as bribe from businesses associated with one Olajide Omokore, a contractor who completed a N3 billion contract for the government of Akwa Ibom State while Senator Bassey served as both the commissioner for finances and the head of the Inter-Ministerial Direct Labour Coordinating Committee.

The offence contravenes Section 15 (2) (d) of the Money Laundering (Prohibition) Act, 2011 (as amended) and is punishable under Section 15 (3) of the same Act.

One of the charges against the senator reads, “That you, Albert Bassey, whilst being the Commissioner for Finance, Akwa Ibom State and Chairman of Akwa Ibom State Inter-Ministerial Direct Labour Coordinating Committee, IMDLCC sometime in December 2012, within the jurisdiction of this Honourable Court, indirectly took possession of a vehicle (Infinity QX 56 BP) valued at N45,000,000.00 at the instance of one Olajide Jones Omokore (whose companies had contracts with Akwa Ibom State Government at that material time), when you reasonably ought to have known that the said vehicle formed part of proceed of unlawful activity (to wit: corruption) and you thereby committed an offence contrary to Section 15 (2) (d) of the Money Laundering (Prohibition) Act, 2011 (as amended) and punishable under Section 15 (3) of the same Act”.

The senator entered a not guilty plea to the charges at his arraignment, paving the way for a full trial. According to Wilson Uwujaren, Head of Media & Publicity for the EFCC, during the course of the trial, the EFCC called several witnesses and offered documents that were admitted into evidence as exhibits.

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One of the witnesses, Ngunan Kakwagh, an investigator with the EFCC revealed how Olajide Omokore, a contractor, bought vehicles for Senator Albert after receiving N3bn contracts when he was Commissioner for Finance in Akwa Ibom State.

Kakwagh, informed the court that the anti-graft agency traced about N3bn payments from the Akwa Ibom State Government and the Inter-Ministerial Direct Labour Coordinating Committee, to the accounts of Canwod Dredging Company Limited, Bay Atlantic Limited, Sahel Engineering, Power Nigeria Limited and Network Services Nigeria Limited – all linked to Omokore.

“My team further traced money from Omokore’s company account to the account of Skymit Limited, and when we invited Skymit to tell us the reasons for the money, we were told that it was for the purchase of vehicles.

“So, my investigation revealed that the accused, while he was the Commissioner for Finance and Chairman of the Inter-Ministerial Direct Labour Coordinating Committee, Omokore and his companies received monies from the Akwa Ibom State Government and the IMDLCC.

“Also, Omokore bought cars from Skymit Limited for the accused”, the witness added.

The vehicles include Infinity QX 56 BP, valued at N45million; Toyota Land Cruiser V8 BP, valued at N40million; Range Rover, valued at N40million; Toyota Hiace, High Roof, valued at N27million; Toyota Hiace High Roof, valued at N16million and Toyota Hilux 4×4, valued at N36million.

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 The court on May 5, 2022 closed the case of the defence following the failure of the lead defence counsel, Kanu Agabi to continue the trial of the serving senator.

Delivering judgment today, Justice Okeke held that the court was satisfied that the prosecution had proved the case against the defendant beyond reasonable doubt and convicted him as charged.